Market Insight: CRH Plc (CRH)’s Notable Drop, Closing at 77.14

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In the latest session, CRH Plc (NYSE: CRH) closed at $77.14 down -1.76% from its previous closing price of $78.52. In other words, the price has decreased by -$1.76 from its previous closing price. On the day, 4.09 million shares were traded. CRH stock price reached its highest trading level at $78.58 during the session, while it also had its lowest trading level at $76.22.

Ratios:

For a deeper understanding of CRH Plc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.04. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 1.70. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.51.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stifel on April 15, 2024, Downgraded its rating to Hold and sets its target price to $82 from $80 previously.

On March 22, 2024, Vertical Research started tracking the stock assigning a Buy rating and target price of $105.

On January 19, 2024, DA Davidson started tracking the stock assigning a Buy rating and target price of $82.DA Davidson initiated its Buy rating on January 19, 2024, with a $82 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRH now has a Market Capitalization of 53008371712 and an Enterprise Value of 57525088256. As of this moment, CRH’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.85, and their Forward P/E ratio for the next fiscal year is 13.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.53 while its Price-to-Book (P/B) ratio in mrq is 2.48. Its current Enterprise Value per Revenue stands at 1.646 whereas that against EBITDA is 9.395.

Stock Price History:

Over the past 52 weeks, CRH has reached a high of $88.00, while it has fallen to a 52-week low of $47.11. The 50-Day Moving Average of the stock is -5.36%, while the 200-Day Moving Average is calculated to be 17.59%.

Shares Statistics:

For the past three months, CRH has traded an average of 3.67M shares per day and 3208020 over the past ten days. A total of 692.10M shares are outstanding, with a floating share count of 685.25M. Insiders hold about 0.83% of the company’s shares, while institutions hold 69.93% stake in the company. Shares short for CRH as of 1711584000 were 4151243 with a Short Ratio of 2.05, compared to 1709164800 on 17633644.

Dividends & Splits

According to the company, the forward annual dividend rate for CRH is 1.33, from 1.33 in the trailing year. The stock’s 5-year Average Dividend Yield is 2.53.

Earnings Estimates

Current recommendations for the stock of the company come from Salesforce, Inc. analysts. The consensus estimate for the next quarter is $9.24, with high estimates of $190.90 and low estimates of $106.00.

Analysts are recommending an EPS of between $Industrials and $Healthcare for the fiscal current year, implying an average EPS of $Energy.

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