Stocks of CRH Plc (NYSE:CRH) traded higher last session on Wall Street, up 2.72% to $85.62.
CRH stock price is now 9.08% away from the 50-day moving average and 14.35% away from the 200-day moving average. The market capitalization of the company currently stands at $58.46B.
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With the price target enhanced from $87 to $88, Morgan Stanley Upgraded its rating from Equal-Weight to Overweight for CRH Plc (NYSE: CRH). On June 18, 2024, Stephens recently initiated its ‘Overweight’ rating on the stock quoting a target price of $95, while ‘RBC Capital Mkts’ rates the stock as ‘Outperform’
A total of 0.86% of the company’s stock is owned by insiders.
During the past 12 months, CRH Plc has had a low of $51.59 and a high of $88.00. As of last week, the company has a debt-to-equity ratio of 0.70, a current ratio of 1.43, and a quick ratio of 1.00. According to the stock market information, the enterprise value for the company is $69207498752, which is based on a 22.03 price-to-earnings ratio, a 2.14 price-to-earnings-growth ratio, and a beta of 1.38. The fifty day moving average price for CRH is $78.4902 and a two-hundred day moving average price translates $74.87635 for the stock.
The latest earnings results from CRH Plc (NYSE: CRH) was released for 2024-06-30. The net profit margin was 8.96% and return on equity was 14.49% for CRH. The company reported revenue of $9.65 billion for the quarter, compared to $6.43 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 50.21 percent. For the current quarter, analysts expect CRH to generate $10.72B in revenue.
