The stock of CRH plc (NYSE:CRH) decreased by -$0.02 on Monday to $57.28, down -0.04 percent. The last five days have seen an average of 2,914,251 shares of common stock traded. 30 times new highs were reached in the current year, with a gain of $17.57. The average number of shares traded over the last 20 days was 1,727,013, while the average volume over the last 50 days totaled 1,641,015.
CRH stock dropped -4.67% since last month. On 08/24/23, the company’s shares reached a one-month low of $55.73. The stock touched a high of $60.72 on 07/27/23, after rallying from a low of $31.22 in 52 weeks. The price of CRH stock has risen by 43.94% or $17.57 this year, reaching a new high 30 times. Still, the stock price is down -5.67% from the 52-week high.
Valuation Metrics
CRH plc (CRH) has a trailing price-to-earnings (P/E) ratio of 16.43. Beta for the stock is 1.19. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.24, the price-to-book (PB) ratio of 2.04, and the price-to-cash flow ratio of 15.39.
Company paid $1.03 per share in dividends, an increase of 329.17% from $0.24 last year. A $0.79 dividend increase was reported on Monday March 6 2023.
Financial Health
For the recent quarter, CRH plc’s quick ratio was 1.00, while its current ratio was 1.30, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the recent quarter is 0.42, and the total debt to equity ratio is 0.54. As far as profitability goes, gross margin for the trailing twelve months is 33.20% percent. CRH plc’s EBITDA margin for the recent year was 17.28%, whereas its operating margin stood at 12.60% for the same period. Based on annual data, it had gross profit of $10.88 billion and revenue of $32.72 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. CRH’s return on assets (ROA) during the last 12 months has been 6.50%. There was a 9.50% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 14.00%.
Earnings Surprise
Net income for the quarter came in at $32.72 billion, while revenues rose by 5.32% to $0.0. At the end of CRH plc’s most recent quarter, its liabilities totaled 24.64 billion, while its total debt was $11.22 billion.
Technical Picture
Here’s a quick look at CRH plc’s (CRH) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 47.02%, suggesting the stock is Neutral, with a 17.31% historical volatility rate.
The stochastic %K and %D were 35.87% and 35.38% respectively, while the average true range (ATR) was 1.05. Based on the 14-day stochastic reading of 43.82%, the RSI (14) reading is 49.02%. On the 9-day MACD Oscillator, the stock is at 0.13, and the 14-day reading is at -0.28.
Analyst Ratings
Analysts have assigned CRH plc (CRH) an Buy rating. CRH is a stock that is recommended for selling by 0 brokerage firms, while 1 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 3 rates it overweight and 14 others recommend it as a buy.
What is CRH’s price target for the next 12 months?
The current consensus forecast for the stock is between $48.81 and $86.00, with a median target price of $67.75. In analyzing these forecasts, the average price target given by analysts for CRH plc (CRH) is $67.45.
