Holcim (HCMLY) Projected to Post Quarterly Earnings on Friday

Holcim (OTCMKTS:HCMLY) is projected to announce its results before the market opens on Friday, February 27th. Analysts expect the company to announce earnings of $0.4760 per share and revenue of $4.9425 billion for the quarter.

Holcim Trading Up 0.5%

Holcim stock opened at $19.31 on Thursday. Holcim has a 1-year low of $15.14 and a 1-year high of $30.00. The business has a fifty day moving average price of $19.60 and a 200-day moving average price of $18.14. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.49 and a quick ratio of 1.21.

Analysts Set New Price Targets

HCMLY has been the subject of several recent analyst reports. Jefferies Financial Group downgraded Holcim from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 3rd. The Goldman Sachs Group lowered shares of Holcim from a “buy” rating to a “hold” rating in a research report on Thursday, January 22nd. Citigroup reiterated a “neutral” rating on shares of Holcim in a research note on Tuesday, January 13th. Royal Bank Of Canada restated a “sector perform” rating on shares of Holcim in a research note on Monday, January 12th. Finally, BNP Paribas Exane cut shares of Holcim from a “neutral” rating to an “underperform” rating and set a $16.80 price target for the company. in a report on Thursday, December 4th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $16.80.

About Holcim

Holcim is a global building materials and solutions company headquartered in Switzerland that produces and supplies cement, aggregates, ready-mix concrete, asphalt and a range of prefabricated and construction-related products and services. Its offerings are aimed at construction and infrastructure markets, serving contractors, developers, municipalities and industrial customers with materials for residential, commercial and civil engineering projects.

The company traces its modern form to the 2015 combination of Swiss cement maker Holcim and France’s Lafarge, which created one of the world’s largest building-materials groups; the combined enterprise later simplified its name to Holcim.