03:35 PM EDT, 05/06/2025 (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 lower our 12-month target by $11 to $107 on a forward P/E of 18.4x our 2025 EPS estimate, a discount to the U.S. peer average of 24.5x but a premium to the international peer average of 13.6x. We raise our 2025 EPS by $0.09 to $5.83 while our 2026 EPS is unchanged at $6.49. CRH reported Q1 2025 revenue growth of 3.4% Y/Y to $6.8B, in line with expectations, while adjusted EBITDA grew 11.2% to $495M (+4.1% vs. consensus), with margins expanding 50bps to 7.3%, driven by positive pricing and cost control measures. CRH completed eight bolt-on acquisitions for $0.6B in Q1 and announced an additional $300M share repurchase program through August 2025 on top of $500M YTD. Management reaffirmed FY25 guidance of $3.7B-$4.1B in net income and $7.3B-$7.7B in Adjusted EBITDA, citing positive underlying demand in infrastructure and non-residential segments despite residential softness. We believe CRH's strong market positions and operational efficiency focus position it well to navigate current market conditions.