CRH (NYSE:CRH) Issues Quarterly Earnings Results, Misses Estimates By $0.68 EPS

CRH (NYSE:CRH) issued its earnings results on Wednesday. The construction company reported $1.52 EPS for the quarter, missing the consensus estimate of $2.20 by ($0.68), FiscalAI reports. CRH had a net margin of 9.30% and a return on equity of 16.25%. The business had revenue of $5.42 billion for the quarter, compared to analysts’ expectations of $11.15 billion. During the same quarter in the prior year, the business posted $1.02 earnings per share. The business’s revenue for the quarter was up 6.2% on a year-over-year basis. CRH updated its FY 2026 guidance to 5.600-6.050 EPS.

CRH Stock Up 0.3%

CRH stock traded up $0.38 during trading on Thursday, hitting $125.13. The company had a trading volume of 2,238,688 shares, compared to its average volume of 4,706,793. The firm has a 50-day moving average price of $125.28 and a 200-day moving average price of $118.29. The firm has a market cap of $83.87 billion, a PE ratio of 24.93, a price-to-earnings-growth ratio of 1.79 and a beta of 1.33. CRH has a 1-year low of $76.75 and a 1-year high of $131.55.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Wells Fargo & Company cut their price target on shares of CRH from $138.00 to $133.00 and set an “equal weight” rating on the stock in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of CRH in a report on Monday, December 8th. JPMorgan Chase & Co. raised their price objective on shares of CRH from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 11th. Royal Bank Of Canada dropped their price target on shares of CRH from $152.00 to $150.00 and set an “outperform” rating for the company in a research note on Friday, November 7th. Finally, DA Davidson raised their target price on CRH from $110.00 to $116.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 12th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $135.87.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of CRH. Kemnay Advisory Services Inc. acquired a new position in shares of CRH during the 4th quarter valued at $33,000. Meeder Asset Management Inc. lifted its position in shares of CRH by 29,400.0% in the fourth quarter. Meeder Asset Management Inc. now owns 295 shares of the construction company’s stock worth $37,000 after buying an additional 294 shares during the last quarter. Riggs Asset Managment Co. Inc. grew its position in CRH by 1,835.3% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 329 shares of the construction company’s stock worth $30,000 after purchasing an additional 312 shares during the last quarter. Prosperity Bancshares Inc acquired a new position in shares of CRH during the fourth quarter valued at about $43,000. Finally, Johnson Financial Group Inc. bought a new stake in shares of CRH in the third quarter valued at about $49,000. Institutional investors and hedge funds own 62.50% of the company’s stock.

About CRH

CRH plc, originally formed as Cement Roadstone Holdings in 1970 and headquartered in Dublin, Ireland, is a global building materials group. The company has grown from its Irish roots into one of the largest international suppliers of construction materials, expanding primarily through acquisitions and regional business development. CRH operates an integrated network of manufacturing and distribution businesses that serve both public and private construction markets.

CRH’s core activities include the production and distribution of aggregates, cement, asphalt, ready-mixed concrete and other bulk materials, together with a broad range of value-added building products such as precast concrete, masonry, bricks, roofing products, pipe and drainage systems, and construction accessories.