Eagle Materials traded at $174.71 this Friday October 23rd, decreasing $4.03 or 2.25 percent since the previous trading session. Looking back, over the last four weeks, Eagle Materials lost 1.53 percent. Over the last 12 months, its price fell by 25.06 percent. Looking ahead, we forecast Eagle Materials to be priced at 166.42 by the end of this quarter and at 156.11 in one year, according to Trading Economics global macro models projections and analysts expectations.
Eagle Materials Inc. is a supplier of heavy construction materials and light building materials in the United States. The Company's business is organized into two sectors within which there are four business segments. The Heavy Materials sector includes the Cement, and Concrete and Aggregates segments. The Light Materials sector includes the Gypsum Wallboard, and Recycled Paperboard segments. The Company's primary products are commodities that are essential in commercial and residential construction; public construction projects; and projects to build, expand, and repair roads and highways. It operates approximately eight modern cement plants, one slag grinding facility, and 29 cement distribution terminals. It operates approximately 26 ready-mix concrete batch plants and three aggregates processing plants in markets. The Company operates approximately five gypsum wallboard plants and a recycled paperboard mill.