Holcim (HCMLY) Expected to Post Earnings on Friday

Holcim (OTCMKTS:HCMLY) is anticipated to post its resultson Friday, July 31st. Analysts expect Holcim to announce earnings of $0.3983 per share and revenue of $9.6964 billion for the quarter.

Holcim Price Performance

Shares of Holcim stock opened at $18.05 on Friday. The business’s fifty day simple moving average is $18.61 and its 200 day simple moving average is $18.48. Holcim has a 12 month low of $15.14 and a 12 month high of $27.15. The company has a current ratio of 1.32, a quick ratio of 1.09 and a debt-to-equity ratio of 0.49.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on HCMLY. DZ Bank raised Holcim from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. BNP Paribas Exane raised shares of Holcim from a “neutral” rating to an “outperform” rating in a report on Friday, June 19th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Holcim in a research report on Friday, July 3rd. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Holcim in a research report on Monday, April 27th. Finally, The Goldman Sachs Group raised shares of Holcim from a “hold” rating to a “buy” rating in a research report on Thursday, April 9th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $16.80.

Holcim Company Profile

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.