Previous close | 50.34 |
Open | 49.73 |
Bid | 42.50 x 22668600 |
Ask | 59.00 x 31295800 |
Day's range | 49.61 - 50.82 |
52-week range | 42.92 - 55.00 |
Volume | |
Avg. volume | 0 |
Market cap | 36.303B |
Beta (5Y monthly) | 0.91 |
PE ratio (TTM) | 13.87 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.16 (2.31%) |
Ex-dividend date | 19 Oct 2023 |
1y target est | N/A |
Shares of building materials supplier CRH plc (CRH) reached a record high despite mixed earnings results. While CRH missed on revenue, it beat adjusted EPS estimates. CEO Albert Manifold joins Yahoo Finance Live to discuss drivers of the company's growth. Manifold notes they are in their "tenth consecutive year of profit and margin growth" as the business is "humming." Amid inflation, CRH is focused on "increasing the value" beyond commodities for consumers. He highlights CRH's exposure to infrastructure, which is now seeing government spending increase after years of underinvestment. Infrastructure comprises 50% of sales while 25% is non-residential, limiting interest rate sensitivity and fueling gains. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
CRH (CRH) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).