Eagle Materials Stock Fair Value – National Bank of Canada FI Makes Surprising Move to Increase Stake in Eagle Materials Inc

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The National Bank of Canada FI has taken a surprising step in significantly increasing its stake in Eagle Materials ($NYSE:EXP) Inc., a prominent listed construction firm. Eagle Materials Inc. is a leading U.S. manufacturer and distributor of heavy construction materials, including gypsum wallboard, cement, concrete, aggregates and related products. The company operates facilities in the U.S. as well as subsidiaries in Mexico and Canada, with operations spanning from mining and quarrying to manufacturing and distribution. The company’s products are used to construct and improve commercial, residential and industrial buildings and infrastructure.

It appears to be indicative of a bullish sentiment on the company and its prospects for continued growth and success in the years ahead. With demand for construction materials expected to remain strong, Eagle Materials will be well-positioned to capitalize on opportunities in the coming years.

Price History

On Monday, National Bank of Canada FI announced an unexpected move to up its stake in Eagle Materials Inc. The company, a leading manufacturer and distributor of building materials, saw its stock open at $185.4 and close at $185.6, down just 0.4% from its previous closing price of 186.4. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Eagle Materials. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Eagle Materials. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Eagle Materials. More…

Key Ratios Snapshot

Some of the financial key ratios for Eagle Materials are shown below. More…

Analysis – Eagle Materials Stock Fair Value

GoodWhale has conducted an analysis of EAGLE MATERIALS’ financials and our proprietary Valuation Line has calculated the fair value of EAGLE MATERIALS’ share to be around $167.2. Currently, EAGLE MATERIALS stock is trading at a price of $185.6 which is a fair price that is overvalued by 11.0%. More…

Peers

The company has three plants in the United States and one in Canada. It is the only North American company that is vertically integrated, meaning that it manufactures all of the materials needed to produce cement. This gives the company an advantage over its competitors, who must purchase these materials from third-party suppliers.

– Wagners Holding Co Ltd ($ASX:WGN)

Wagner’s Holding Company Limited is a Hong Kong-based investment holding company principally engaged in the provision of management, financial and administrative services to its subsidiaries. The Company operates its businesses through four segments. Its Food segment is engaged in the production and sale of frozen foods, as well as the provision of food catering services. Its Property segment is engaged in the development and sale of properties, as well as the provision of property management services. Its Investment segment is engaged in the provision of loan financing and securities investment services. Finally, its Others segment is engaged in the provision of management and administrative services.

– Holcim Ltd ($LTS:0QKY)

Holcim Ltd is one of the world’s leading suppliers of cement and aggregates (crushed stone, gravel and sand) as well as further activities such as ready-mix concrete and asphalt including services. The company has around 60,000 employees in more than 70 countries.

– BBMG Corp ($SEHK:02009)

BBMG Corp is a leading cement and building materials producer in China. The company has a market cap of 24.71B as of 2022 and a Return on Equity of 7.81%. BBMG Corp is a leading cement and building materials producer in China. The company is engaged in the manufacture and sale of cement, concrete, and other building materials in China.

Summary

Eagle Materials Inc., a construction company listed on the National Bank of Canada FI, has recently seen an increased investment from the Bank. This indicates a positive outlook for the company, as investors are showing confidence in the stock. Analysts suggest that this is likely due to Eagle’s strong and stable financials, the company’s presence in a growing market, and its diversified portfolio of products.

Furthermore, Eagle Materials has a track record of delivering strong returns for shareholders. As such, investors may find the stock attractive for long-term growth prospects.