Eagle Materials Inc. rises amid sector rotation despite market decline
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 08 Jan 26
Source: Benzinga
Eagle Materials Inc. experienced a price increase of 5.70%, reaching a 5-day high. This movement occurs in the context of a broader market decline, with the Nasdaq-100 down 0.67% and the S&P 500 down 0.04%.
The stock's rise is attributed to sector rotation, as investors are shifting their focus towards construction materials amid the overall market weakness. This suggests that Eagle Materials Inc. is benefiting from a specific interest in its sector, despite the negative trends in the broader market.
This upward movement may indicate a growing confidence in the construction materials sector, potentially driven by upcoming infrastructure projects and increased demand for building materials.
Analyst Views on EXP
Wall Street analysts forecast EXP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EXP is 231.29 USD with a low forecast of 210.00 USD and a high forecast of 251.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
1 Buy
6 Hold
0 Sell
Hold
Current: 211.970
Low
210.00
Averages
231.29
High
251.00
Current: 211.970
Low
210.00
Averages
231.29
High
251.00
About EXP
Eagle Materials Inc. is a manufacturer of heavy construction materials and light building materials in the United States. Its primary products are Portland Cement and Gypsum Wallboard, which are used in building, expanding and repairing roads, highways and residential, commercial and industrial structures. Its segments include Cement; Concrete and Aggregates segments; Gypsum Wallboard, and Recycled Paperboard. Its business is organized into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments; and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments. It manufactures and sells its products through a network of approximately 70 facilities spanning 21 states. It operates approximately eight cement plants, two slag grinding facilities and 30 cement distribution terminals. It operates over 25 ready-mix concrete batch plants, seven aggregate processing plants, five gypsum wallboard plants and a recycled paperboard mill.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
