CRH Updates FY 2025 Earnings Guidance

CRH (NYSE:CRH) released an update on its earnings guidance for the fiscal year 2025 on Wednesday morning. The company provided an earnings per share (EPS) forecast ranging from 5.340 to 5.800. This updated guidance is notably lower than the consensus EPS estimate of 6.020.

Recent Analyst Ratings

Several financial institutions have recently provided their views on CRH. Truist Financial raised its price target for CRH shares from $110.00 to $120.00 while maintaining a "buy" rating in a report published on November 8. On November 11, HSBC Global Research upgraded CRH to a "strong-buy" rating. Barclays began coverage of the company on October 29, rating it as "overweight" with a price target of $110.00. Citigroup revised its price target for CRH downward from $120.00 to $115.00 while keeping a "buy" rating. Two analysts currently rate the stock as a hold, eleven as a buy, and one as a strong buy. According to MarketBeat.com, CRH has an average rating of "Moderate Buy" with an average target price of $107.75.

CRH Stock Movement

On Wednesday, shares of NYSE:CRH rose by $1.97, reaching a price of $102.26 during trading hours. A total of 5,697,302 shares exchanged hands, surpassing the average trading volume of 4,295,003. The stock has a fifty-day simple moving average of $98.08, and a two-hundred-day simple moving average of $95.02. The company has a market capitalization of $69.46 billion, with a price-to-earnings ratio of 20.45 and a price-to-earnings-growth ratio of 1.15. Over the past year, CRH's stock price has seen a low of $71.18 and a high of $110.97.

About CRH

CRH plc, along with its subsidiaries, specializes in providing building materials solutions in Ireland and worldwide. The company operates through four main segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. CRH focuses on offering solutions for both public infrastructure projects and commercial and residential building maintenance. Additionally, it produces and markets aggregates, cement, readymixed concrete, and asphalt, while also providing paving and construction services.

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