Holcim (HCMLY) Expected to Post Quarterly Earnings on Friday

Holcim (OTCMKTS:HCMLY) is projected to announce its resultson Friday, July 31st. Analysts expect the company to announce earnings of $0.3983 per share and revenue of $9.6964 billion for the quarter.

Holcim Stock Down 0.2%

Shares of HCMLY opened at $18.11 on Wednesday. Holcim has a fifty-two week low of $15.14 and a fifty-two week high of $21.23. The firm’s 50 day moving average price is $18.60 and its 200 day moving average price is $18.45. The company has a quick ratio of 1.09, a current ratio of 1.32 and a debt-to-equity ratio of 0.49.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Holcim in a research report on Friday, July 3rd. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Holcim in a research report on Monday, April 27th. DZ Bank upgraded Holcim from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. BNP Paribas Exane upgraded Holcim from a “neutral” rating to an “outperform” rating in a report on Friday, June 19th. Finally, The Goldman Sachs Group raised Holcim from a “hold” rating to a “buy” rating in a research note on Thursday, April 9th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Holcim presently has a consensus rating of “Moderate Buy” and an average price target of $16.80.

About Holcim

Holcim is a global building materials and solutions company headquartered in Switzerland that produces and supplies cement, aggregates, ready-mix concrete, asphalt and a range of prefabricated and construction-related products and services. Its offerings are aimed at construction and infrastructure markets, serving contractors, developers, municipalities and industrial customers with materials for residential, commercial and civil engineering projects.

The company traces its modern form to the 2015 combination of Swiss cement maker Holcim and France’s Lafarge, which created one of the world’s largest building-materials groups; the combined enterprise later simplified its name to Holcim.