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David Rush, a director at Eagle Materials Inc . (NYSE:EXP), has recently acquired 1,000 shares of the company’s common stock, showing insider confidence despite the stock’s recent 11% decline over the past week. According to InvestingPro analysis, the company appears overvalued at current levels, with analyst price targets ranging from $220 to $285. The shares were purchased on May 22, 2025, at a weighted average price of $213.66, with transaction prices ranging from $213.36 to $213.79. This acquisition brings Rush’s total holdings to 2,000 shares. The transaction was completed in Dallas, Texas, and was reported in a Form 4 filing with the Securities and Exchange Commission. The company maintains strong fundamentals with a current ratio of 2.73 and has been consistently profitable, generating $758 million in EBITDA over the last twelve months. InvestingPro subscribers can access 12 additional key insights about Eagle Materials, including detailed insider trading patterns and comprehensive valuation metrics.
In other recent news, Eagle Materials reported its fourth-quarter earnings, which did not meet market expectations. The company’s earnings per share (EPS) were $2.08, falling short of the anticipated $2.58, while revenue reached $470.2 million, below the forecasted $487.58 million. This shortfall was attributed to decreased volumes and unexpected maintenance expenses in the cement sector. Additionally, adverse weather conditions had a significant impact on cement, concrete, and aggregates operations. Analysts from Stephens, Loop Capital, Stifel, and Jefferies have all adjusted their price targets for Eagle Materials, with reductions ranging from $220 to $255, while maintaining varying ratings from Overweight to Hold. Despite these challenges, Eagle Materials continues to invest in facility upgrades and expansions, with capital expenditures projected between $475 million and $525 million for fiscal 2026. The company also anticipates a rebound in cement demand and plans to explore mergers and acquisitions opportunities. Looking forward, analysts remain cautious about the company’s near-term prospects, particularly in the wallboard segment, but note potential for pricing power once demand improves.
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