financetom
Personal Finance
financetom
/
Personal Finance
/
Research Alert: CFRA Maintains Buy Opinion On Shares Of Eagle Materials Inc.
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Research Alert: CFRA Maintains Buy Opinion On Shares Of Eagle Materials Inc.
Mar 21, 2024 12:06 PM

02:40 PM EDT, 03/21/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our 12-month target price by $43 to $290, which assumes EXP will trade at an EV/EBITDA multiple of 12.0x our FY 2025 (Mar.) EBITDA estimate, a premium to EXP's three-year average forward EV/EBITDA of 9.1x but still a discount to the peer group, which trades at an average forward EV/EBITDA of 14.1x. We maintain our FY 2024 EPS estimate at $14.36 but raise FY 2025's by $0.37 to $16.25. We expect multiple expansion (reaching closer to peers) to be a big driver of EXP's outperformance relative to peers and we forecast strong pricing to be a significant contributor to double-digit growth in both adjusted EPS and adjusted EBITDA over the next 24 months. Our discounted cash flow (DCF) analysis gives us more confidence in our Buy recommendation, as we calculate an intrinsic value of about $342 per share, around 30% upside to the current share price.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Research Alert: CFRA Keeps Hold Opinion On Shares Of The Kroger Co.
Research Alert: CFRA Keeps Hold Opinion On Shares Of The Kroger Co.
Jun 20, 2025
03:10 PM EDT, 06/20/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We raise our 12-month target by $5 to $75, about 16x our FY 26 (Jan.) EPS of $4.72 (up from $4.67; FY 27 remains at $5.20), versus a 13x long-term...
Research Alert: CFRA Maintains Hold Opinion On Shares Of Toyota Motors Corporation
Research Alert: CFRA Maintains Hold Opinion On Shares Of Toyota Motors Corporation
Jun 19, 2025
10:30 AM EDT, 06/19/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We cut our 12-month target price to USD180 from USD200, a 10.5x P/E on FY 26 EPS. We also lower our FY 26 EPS estimate to JPY257 (from JPY213), reflecting...
Research Alert: CFRA Reiterates Strong Buy Opinion On Shares Of Carmax, Inc.
Research Alert: CFRA Reiterates Strong Buy Opinion On Shares Of Carmax, Inc.
Jun 20, 2025
01:05 PM EDT, 06/20/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We raise our 12-month target by $5 to $100, based on a FY 27 (Feb.) P/E of 20.2x, a premium to KMX's five-year mean forward P/E of 22.6x, justified by...
Hidden risks of index funds: What investors should know
Hidden risks of index funds: What investors should know
Jun 19, 2025
Key takeaways Index funds can be one of the best ways to invest over time because they can provide investors with diversification at low costs, but index funds come with some drawbacks. Although index funds include a wide range of companies, those with a bigger market cap (such as the Magnificent Seven) can heavily influence these funds. Investors who wish...
Copyright 2023-2025 - www.financetom.com All Rights Reserved