As of Friday close, CRH plc’s (NYSE:CRH) stock was up $1.11, moving up 2.08 percent to $54.58. The average number of shares traded per day over the past five days has been 12,714,739 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.19 fall in that time frame. In the last twenty days, the average volume was 6,551,965, while in the previous 50 days, it was 3,541,070.
Since last month, CRH stock retreated -5.70%. Shares of the company fell to $52.60 on 09/19/23, the lowest level in the past month. A 52-week high of $60.72 was reached on 07/27/23 after having rallying from a 52-week low of $31.22. Since the beginning of this year, CRH’s stock price has risen by 37.17% or $14.79, and marked a new high 30 times. However, the stock has declined by -10.11% since its 52-week high.
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Valuation Metrics
Right now, CRH plc (CRH) has a P/E ratio of about 14.16. The stock’s beta is 1.20. Besides these, the trailing price-to-sales (P/S) ratio of 1.16, the price-to-book (PB) ratio of 1.95, and the price-to-cash flow ratio of 14.89 may also be considered.
The latest dividend of $1.03 per share was paid out, which is 329.17% more than last year’s $0.24. On Monday March 6 2023, a $0.79 dividend increase was announced.
Financial Health
In the recent quarter, CRH plc’s quick ratio stood at 1.00, while its current ratio was 1.30, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.42, and the total debt-to-equity ratio was 0.54. On the profitability front, the trailing twelve-month gross margin is 33.70% percent. In the recent year, EBITDA margin amounted to 17.28%, whereas operating margins totaled 12.20%. Based on annual data, CRH earned $10.88 billion in gross profit and brought in $32.72 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 9.50%. Return on equity (ROE) for the past 12 months was 14.00%.
CRH’s revenue rose 5.32% during the quarter, while net income inched up to $32.72 billion. The liabilities of CRH plc were 24.64 billion at the end of its most recent quarter, and its total debt was $11.22 billion.
Technical Picture
This quick technical analysis looks at CRH plc’s (CRH) price momentum. With a historical volatility rate of 33.90%, the RSI 9-day stood at 47.11% on 22 September.
With respect to its five-day moving average, the current CRH plc price is down by -0.35% percent or -$0.19. At present, CRH shares trade -3.99% below its 20-day simple moving average and +13.03% percent above its 100-day simple moving average. However, the stock is currently trading approximately -4.55% below its SMA50 and +36.93% above its SMA200.
Stochastic coefficient K was 36.07% and Stochastic coefficient D was 28.86%, while ATR was 1.42. Given the Stochastic reading of 48.29% for the 14-day period, the RSI (14) reading has been calculated as 45.34%. As of today, the MACD Oscillator reading stands at 0.11, while the 14-day reading stands at -0.16.
Analyst Ratings
CRH plc (CRH) has been rated Buy by analysts. According to 0 brokerage firms, CRH is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 4 analysts rate CRH plc stock as buy, with 14 recommending it as overweight.
With a median target price of $69.33, the current consensus forecast for the stock is $62.29 – $86.00. Based on these forecasts, analysts predict CRH plc (CRH) will achieve an average price target of $70.10.
