CRH (CRH) to Release Earnings on Wednesday

CRH (NYSE:CRH) will likely be posting its quarterly earnings results after the market closes on Wednesday, February 26th. Analysts expect CRH to post earnings of $1.44 per share and revenue of $9.00 billion for the quarter.

CRH Stock Down 3.3 %

Shares of CRH opened at $102.59 on Friday. The company has a market cap of $69.68 billion, a PE ratio of 20.52, a P/E/G ratio of 1.24 and a beta of 1.30. The business has a fifty day moving average of $97.93 and a 200 day moving average of $94.36. CRH has a 52-week low of $71.18 and a 52-week high of $110.97.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CRH. StockNews.com downgraded shares of CRH from a “buy” rating to a “hold” rating in a research note on Wednesday. DA Davidson increased their price objective on CRH from $110.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Barclays began coverage on CRH in a research note on Tuesday, October 29th. They issued an “overweight” rating and a $110.00 price objective on the stock. Hsbc Global Res raised CRH to a “strong-buy” rating in a research note on Monday, November 11th. Finally, Truist Financial increased their price objective on CRH from $110.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Two investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $107.75.

About CRH

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.