CRH plc (NYSE:CRH) saw an upside of 0.87% to $59.81 after adding $0.51 on Monday. The 5-day average trading volume is 1,157,544 shares of the company’s common stock. It has gained $60.18 in the past week and touched a new high 3 times within the past 5 days. An average of 1,294,026 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,467,654.
CRH’s 1-month performance is 11.70% or $6.35 on its low of $53.86 reached on 07/10/23. The company’s shares have touched a 52-week low of $31.22 and high of $60.72, with the stock’s rally to the 52-week high happening on 07/27/23. YTD, CRH has achieved 50.33% or $20.11 and has reached a new high 30 times. However, the current price is down -1.49% from the 52-week high price.
Valuation Metrics
CRH stock has a beta of 1.19. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.31 while the price-to-book (PB) in the most recent quarter is 2.07, with the price to cash flow ratio at 28.27.
CRH plc’s quick ratio for the recent period was 1.20, with the current ratio over the same period at 1.70. In terms of profitability, the gross margin trailing 12 months is 33.20%. The trailing 12-month EBITDA margin is 17.28%. The firm’s gross profit as reported stood at $10.88 billion against revenue of $32.72 billion.
Earnings Surprise
CRH plc’s cash and short-term investments amounted to $63.0 million against total debt of $11.08 billion. Net income grew 32.34% to $3.87 billion, while revenue of $0.0 was 100.0% off the previous quarter. CRH stock balance sheet for the recent quarter shows that total liabilities totaled 22.85 billion, with total debt at $11.08 billion.
Let’s look briefly at CRH plc (CRH) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 04 August was 67.03% to suggest the stock is trending Neutral, with historical volatility in this time period at 14.39%.
The stock’s 5-day moving average is $59.36, reflecting a -0.66% or -$0.40 change from its current price. CRH is currently trading +10.94% above its 20-day SMA, +19.19% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +24.16% and SMA200 by+76.35%.
Stochastic %K and %D was 61.88% and 58.21% and the average true range (ATR) pointed at 0.90. The RSI (14) points at 68.43%, while the 14-day stochastic is at 70.47% with the period’s ATR at 0.90. The stock’s 9-day MACD Oscillator is pointing at -0.11 and 0.13 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for CRH stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate CRH as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 3 rates the stock as overweight while 11 have offered a “buy” rating.
What is CRH’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $36.62 and a high of $86.00, with their median price target at $66.52. Looking at these predictions, the average price target given by analysts is for CRH plc (CRH) stock is $64.16.
