With 6.02 million shares changed hands, the volume of the stock remained heavier than its average volume of 4.34 million shares. The 52-week range on CRH shows that it touched its highest point at $110.97 and its lowest point at $71.18 during that stretch. It currently has a 1-year price target of $116.39. Beta for the stock currently stands at 1.26.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CRH was down-trending over the past week, with a drop of -2.68%, but this was up by 0.17% over a month. Three-month performance dropped to -3.59% while six-month performance rose 12.16%. The stock gained 18.26% in the past year, while it has gained 6.77% so far this year. A look at the trailing 12-month EPS for CRH yields 5.04 with Next year EPS estimates of 6.48. For the next quarter, that number is -0.08. This implies an EPS growth rate of 6.95% for this year and 10.57% for next year. EPS is expected to grow by 8.68% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 18.51%.
Float and Shares Shorts:
At present, 677.29 million CRH shares are outstanding with a float of 672.79 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CRH since 8 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $5.39349 being high and $5.04552 being low. For CRH, this leads to a yearly average estimate of $5.28716. Based on analyst estimates, the high estimate for the next quarter is $2.1 and the low estimate is $2.03. The average estimate for the next quarter is thus $2.07.
