How to Read and Trade AI Powered Stock Charts
Enter Stock Symbol to View AI powered Stock Chart
StockChartsAI.com
All Chart Prices as of Previous Day CloseBefore accessing this site, you agree that you have read and agree to the disclaimers at the bottom of this page.
12/07/2023 16:10:00 EST
Eagle Materials Inc (EXP)
Industry: Building Materials
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 30 trading days, EXP has been trading in a range between $180.94 and $147.65 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
EXP is trading below resistance at $194.78, about 4% to the upside. There is support at $182.18 -3% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Eagle Materials Inc (EXP) entered a Green zone 22 days ago on the AI powered stock chart. Wall Street analysts have a recent rating of 4.100, which is a Strong Buy. The current analyst target price is $207.55, which gives it a potential upside of 10.31 % from the recent price of 188.16. The stock is trading 4% (potential upside) below its 52 week high of $195.68 and 46.28 % (potential downside) above its 52 week low of $128.63 - based on the recent price.
Company Summary
Eagle Materials Inc, through its subsidiaries, manufactures and sells heavy construction materials and light building materials in the United States. It operates in four segments: Cement, Concrete and Aggregates, Gypsum Wallboard, and Recycled Paperboard.
News
| Eagle Materials (EXP) Joins Terra to Produce Low-Carbon SCM Eagle Materials (EXP) signs exclusive agreements with Terra CO2 for building and operating plants producing SCM in three different areas. Source: Zacks Investment Research Wed, 06 Dec 2023 11:17:48 -0500 Sentiment: Neutral |
| Terra CO2 and Eagle Materials Announce Exclusive Agreements to Produce Low-Carbon Cementitious Material in High-Demand Markets, Including the Greater Denver Market GOLDEN, Colo. & DALLAS--(BUSINESS WIRE)--Terra CO2, the developer of a scalable low-carbon supplementary cementitious material, and Eagle Materials Inc. (NYSE: EXP), announced today that they have entered into exclusive agreements for the potential deployment of multiple eco-friendly, low-carbon cementitious commercial-scale plants that would service three different geographic areas, including the Greater Denver market. The agreements grant Eagle Materials the exclusive right to build and opera. Source: Business Wire Tue, 05 Dec 2023 08:00:00 -0500 Sentiment: Neutral |
| Eagle Materials Announces Agreement with Terra CO2 Granting Eagle Exclusive Rights to Produce Low-carbon Cementitious Material Using Terra Technology DALLAS--(BUSINESS WIRE)--Eagle Materials Inc. (NYSE: EXP) announced today that they have entered into exclusive agreements with Terra CO2, a producer of a scalable low-carbon supplementary cementitious material (SCM) for the potential deployment of multiple eco-friendly, low-carbon cementitious commercial-scale plants that would service three different geographic areas, including the Greater Denver market. The agreements grant Eagle Materials the exclusive right to build and operate plants that. Source: Business Wire Tue, 05 Dec 2023 07:45:00 -0500 Sentiment: Neutral |
| Eagle Materials (EXP) Ascends While Market Falls: Some Facts to Note Eagle Materials (EXP) closed at $185.29 in the latest trading session, marking a +0.09% move from the prior day. Source: Zacks Investment Research Mon, 04 Dec 2023 19:32:14 -0500 Sentiment: Neutral |
| Eagle Materials: Strong Results Pave The Way For Continued Optimism Eagle Materials Inc. presents a buying opportunity with a decent margin of safety and strong return potential for shareholders. The company operates in the manufacturing and distribution of construction materials, with well-diversified revenues. EXP showcased record revenues and net income, with a strong focus on share buybacks and a low payout ratio for dividends. Source: Seeking Alpha Thu, 23 Nov 2023 21:00:55 -0500 Sentiment: Positive |
Technicals 52 Week Hi: 195.6832 52 Week Low: 128.6292 Beta: 1.369 50 Day MA: 167.791 200 Day MA: 165.6857 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.145 Qtr Revenue Growth YOY: 0.028 Forward PE: 12.5 Trailing PE: 13.5355