Crh Plc (NYSE:CRH) Given Average Rating of “Moderate Buy” by Brokerages

Crh Plc (NYSE:CRH) has received a consensus recommendation of “Moderate Buy” from the eighteen analysts that are currently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $135.8667.

A number of analysts have commented on CRH shares. DA Davidson lifted their target price on CRH from $110.00 to $116.00 and gave the stock a “neutral” rating in a report on Wednesday, November 12th. Wells Fargo & Company reduced their price objective on CRH from $135.00 to $133.00 and set an “overweight” rating for the company in a report on Friday, November 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of CRH in a research report on Monday, December 8th. Morgan Stanley raised their price target on shares of CRH from $131.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, December 10th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of CRH from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Tuesday, November 11th.

Institutional Trading of CRH

Large investors have recently modified their holdings of the company. PUREfi Wealth LLC bought a new position in CRH in the fourth quarter valued at about $519,000. Czech National Bank bought a new position in shares of CRH in the 4th quarter worth approximately $22,057,000. Quantum Financial Advisors LLC purchased a new position in shares of CRH in the fourth quarter worth approximately $248,000. SG Americas Securities LLC grew its position in CRH by 9,615.1% during the fourth quarter. SG Americas Securities LLC now owns 1,386,928 shares of the construction company’s stock valued at $173,089,000 after buying an additional 1,372,652 shares during the period. Finally, Westview Management dba Westview Investment Advisors bought a new stake in CRH during the fourth quarter valued at approximately $3,624,000. Institutional investors own 62.50% of the company’s stock.

CRH Stock Performance

Shares of CRH stock opened at $131.41 on Tuesday. The company has a 50-day simple moving average of $121.03 and a two-hundred day simple moving average of $112.99. The stock has a market capitalization of $88.08 billion, a PE ratio of 26.18, a price-to-earnings-growth ratio of 1.93 and a beta of 1.34. CRH has a 52-week low of $76.75 and a 52-week high of $131.55.

CRH (NYSE:CRH) last posted its quarterly earnings results on Wednesday, November 5th. The construction company reported $2.21 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.27. CRH had a net margin of 9.30% and a return on equity of 16.25%. The firm had revenue of $11.07 billion for the quarter, compared to analysts’ expectations of $10.15 billion. During the same quarter in the prior year, the company posted $1.97 earnings per share. The business’s revenue for the quarter was up 5.3% on a year-over-year basis. CRH has set its FY 2025 guidance at 5.490-5.720 EPS. As a group, equities research analysts forecast that CRH will post 5.47 EPS for the current fiscal year.

CRH Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Friday, November 21st were paid a dividend of $0.37 per share. The ex-dividend date was Friday, November 21st. This represents a $1.48 dividend on an annualized basis and a yield of 1.1%. CRH’s payout ratio is currently 22.11%.

CRH Company Profile

CRH plc, originally formed as Cement Roadstone Holdings in 1970 and headquartered in Dublin, Ireland, is a global building materials group. The company has grown from its Irish roots into one of the largest international suppliers of construction materials, expanding primarily through acquisitions and regional business development. CRH operates an integrated network of manufacturing and distribution businesses that serve both public and private construction markets.

CRH’s core activities include the production and distribution of aggregates, cement, asphalt, ready-mixed concrete and other bulk materials, together with a broad range of value-added building products such as precast concrete, masonry, bricks, roofing products, pipe and drainage systems, and construction accessories.