At the time of writing, CRH Plc [CRH] stock is trading at $95.75, up 3.30%. An important factor to consider is whether the stock is rising or falling in short-term value. The CRH shares have gain 3.72% over the last week, with a monthly amount drifted -2.84%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Barclays started tracking the stock with Overweight rating on October 29, 2024, and set its price target to $110. On July 09, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $88 on the stock. Stephens started tracking the stock assigning a Overweight rating and suggested a price target of $95 on June 18, 2024. RBC Capital Mkts initiated its recommendation with a Outperform and recommended $110 as its price target on May 14, 2024. Stifel downgraded its rating to Hold for this stock on April 15, 2024, and upped its price target to $82. In a note dated March 22, 2024, Vertical Research initiated an Buy rating and provided a target price of $105 on this stock.
For the past year, the stock price of CRH Plc fluctuated between $66.42 and $104.23. Currently, Wall Street analysts expect the stock to reach $110 within the next 12 months. CRH Plc [NYSE: CRH] shares were valued at $95.75 at the most recent close of the market. An investor can expect a potential return of 14.88% based on the average CRH price forecast.
Analyzing the CRH fundamentals
According to CRH Plc [NYSE:CRH], the company’s sales were 35.39B for trailing twelve months, which represents an 3.82% jump. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.17 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.7.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 94.96 points at the first support level, and at 94.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 96.25, and for the 2nd resistance point, it is at 96.74.
Ratios To Look Out For
It is important to note that CRH Plc [NYSE:CRH] has a current ratio of 1.39. On the other hand, the Quick Ratio is 0.96, and the Cash Ratio is 0.37. Considering the valuation of this stock, the price to sales ratio is 1.84, the price to book ratio is 2.98 and price to earnings (TTM) ratio is 19.15.
