CRH plc (NYSE: CRH) is -23.71% lower on its value in year-to-date trading and has touched a low of $31.22 and a high of $54.54 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CRH stock was last observed hovering at around $39.66 in the last trading session, with the day’s gains setting it 0.62% off its average median price target of $49.34 for the next 12 months. It is also 22.94% off the consensus price target high of $52.27 offered by 21 analysts, but current levels are -38.42% lower than the price target low of $29.10 for the same period.
Currently trading at $40.28, the stock is 7.01% and 14.53% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.43 million and changing 1.56% at the moment leaves the stock 4.35% off its SMA200. CRH registered -20.54% loss for a year compared to 6-month loss of -1.13%.
The stock witnessed a 13.40% gain in the last 1 month and extending the period to 3 months gives it a 3.87%, and is 2.76% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.41% over the week and 2.04% over the month.
CRH plc (CRH) has around 77446 employees, a market worth around $29.52B and $31.04B in sales. Current P/E ratio is 12.01. Profit margin for the company is 12.50%. Distance from 52-week low is 29.02% and -26.15% from its 52-week high. The company has generated returns on investments over the last 12 months (8.20%).
CRH plc (CRH) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for CRH plc (CRH) is a “Buy”. 21 analysts offering their recommendations for the stock have an average rating of 1.00, where 2 rate it as a Hold and 2 think it is a “Overweight”. 16 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
CRH plc is expected to release its quarterly report on 03/02/2023.The EPS is expected to grow by 113.80% this year
CRH plc (CRH) Top Institutional Holders
The shares outstanding are 765.20M, and float is at 747.95M with Short Float at 0.13%.
CRH plc (CRH): Who are the competitors?
The company’s main competitors (and peers) include Vulcan Materials Company (VMC) that is trading -8.86% down over the past 12 months and CEMEX S.A.B. de C.V. (CX) that is -27.34% lower over the same period.