CRH plc (NYSE: CRH) is 21.26% higher on its value in year-to-date trading and has touched a low of $31.22 and a high of $52.20 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CRH stock was last observed hovering at around $48.74 in the last trading session, with the day’s loss setting it -0.49% off its average median price target of $61.38 for the next 12 months. It is also 31.73% off the consensus price target high of $70.68 offered by 20 analysts, but current levels are -31.76% lower than the price target low of $36.62 for the same period.
Currently trading at $48.25, the stock is -1.67% and -1.91% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.97 million and changing -1.01% at the moment leaves the stock 13.68% off its SMA200. CRH registered 19.49% gain for a year compared to 6-month gain of 21.90%. The firm has a 50-day simple moving average (SMA 50) of $1.23 and a 200-day simple moving average (SMA200) of $7.16.
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The stock witnessed a -2.62% loss in the last 1 month and extending the period to 3 months gives it a 2.81%, and is -2.88% down 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 1.26% over the week and 1.34% over the month.
CRH plc (CRH) has around 75838 employees, a market worth around $35.23B and $32.72B in sales. Current P/E ratio is 13.84. Profit margin for the company is 11.80%. Distance from 52-week low is 54.55% and -7.57% from its 52-week high. The company has generated returns on investments over the last 12 months (9.50%).
CRH plc (CRH) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for CRH plc (CRH) is a “Overweight”. 20 analysts offering their recommendations for the stock have an average rating of 1.00, where 2 rate it as a Hold and 3 think it is a “Overweight”. 14 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 08/24/2023.The EPS is expected to grow by 14.70% this year
CRH plc (CRH) Top Institutional Holders
The shares outstanding are 751.40M, and float is at 732.27M with Short Float at 0.16%.
CRH plc (CRH): Who are the competitors?
The company’s main competitors (and peers) include Vulcan Materials Company (VMC) that is trading 18.42% up over the past 12 months and CEMEX S.A.B. de C.V. (CX) that is 41.51% higher over the same period.
