Eagle Materials stock price target raised to $245 from $230 at Loop Capital

Published 30/07/2025, 13:32
Eagle Materials stock price target raised to $245 from $230 at Loop Capital

Investing.com - Loop Capital raised its price target on Eagle Materials (NYSE:EXP) to $245.00 from $230.00 on Tuesday, while maintaining a Hold rating on the stock. According to InvestingPro data, the company currently trades at $227.58, with analysts’ targets ranging from $220 to $280.

The price target increase follows Eagle Materials’ quarterly results, which exceeded expectations primarily due to stronger wallboard performance that offset weaker cement earnings. InvestingPro analysis shows the company maintains strong financial health with a "GREAT" overall score and healthy liquidity, demonstrated by a current ratio of 2.73.

Loop Capital noted that Eagle Materials shares typically trade more closely with wallboard pricing, and this metric outperformed in the quarter. Additionally, segment volumes were sharply above the industry average, contributing to the stock’s rise on Tuesday.

The analyst firm cited several factors for the price target adjustment, including the modest earnings beat, stabilizing wallboard pricing, and improved investor sentiment around a building products’ trough.

Despite the price target increase, Loop Capital maintained its Hold rating, indicating it would prefer to see a stronger catalyst beyond expectations of a cyclical recovery, especially as cement results remain lackluster.

In other recent news, Eagle Materials Inc . reported impressive financial results for its first fiscal quarter of 2026. The company achieved earnings per share (EPS) of $3.76, surpassing the forecasted $3.73, resulting in a positive surprise of 0.8%. Revenue also exceeded expectations, coming in at $634.7 million compared to the anticipated $610.96 million. These results highlight a strong performance for Eagle Materials, as both earnings and revenue figures surpassed analysts’ projections. The positive earnings release has drawn attention from investors and analysts alike. While specific analyst upgrades or downgrades were not mentioned, the strong earnings results could potentially influence future analyst evaluations. These developments are part of the recent financial activities surrounding Eagle Materials, reflecting its current market standing.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.