Is It Still Worth Considering CRH Following Its NYSE Debut and 229% Increase?
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
Updated: 3 hour ago
0mins
Source: Yahoo Finance
CRH's Performance Overview: CRH has seen significant growth, with a 28.9% increase year-to-date and a 229.0% rise over three years, despite a recent 0.4% dip. This growth is attributed to strategic acquisitions, divestments, and a shift to the NYSE.
Valuation Insights: CRH scores 2 out of 6 on valuation checks, indicating potential overvaluation. A Discounted Cash Flow analysis suggests it is approximately 12.6% overvalued based on projected cash flows.
PE Ratio Analysis: Currently trading at a PE ratio of 23.5x, CRH is above the sector average of 14.9x but below its peer group average of 27.7x. This suggests it is modestly undervalued compared to its Fair Ratio of 25.4x.
Narratives Framework: Simply Wall St introduces a Narratives framework that connects company stories with financial forecasts, allowing investors to assess CRH's fair value based on varying growth assumptions and market perspectives.
CRH.N$0.0000%Past 6 months

No Data
Analyst Views on CRH
Wall Street analysts forecast CRH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRH is 137.51 USD with a low forecast of 129.06 USD and a high forecast of 151.24 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.
Wall Street analysts forecast CRH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRH is 137.51 USD with a low forecast of 129.06 USD and a high forecast of 151.24 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.
Current: 121.050

Current: 121.050

NULL -> Buy
maintain
$130 -> $138
Reason
Berenberg raised the firm's price target on CRH to $138 from $130 and keeps a Buy rating on the shares. The firm refreshed the company's model.
DA Davidson
Brent Thielman
Neutral
maintain
$110 -> $116
Reason
DA Davidson
Brent Thielman
DA Davidson analyst Brent Thielman raised the firm's price target on CRH to $116 from $110 and keeps a Neutral rating on the shares. The company's organic growth remains relatively muted although capital deployment initiatives are supplementing, driving mid-single-digit growth rates and overall EPS growth, the analyst tells investors in a research note. The firm is updating its model to reflect the combination of latest transactions and expected impacts going forward, DA Davidson added.
Overweight
upgrade
$130 -> $135
Reason
JPMorgan analyst Adrian Huerta raised the firm's price target on CRH to $135 from $130 and keeps an Overweight rating on the shares. The firm upped EBITDA estimates post the company's Q3 report.
Deutsche Bank analyst Jon Bell raised the firm's price target on CRH to 10,643 GBp from 10,404 GBp and keeps a Buy rating on the shares.
About CRH
CRH PLC is an Ireland-based company. The Company manufactures and distributes a diverse range of superior building materials and products, which are used in construction projects of all sizes. It operates in three segments across two divisions. Its divisions include Americas and International. Its Americas Division comprises two segments: Americas Materials Solutions and Americas Building Solutions. Americas Materials Solutions provides building materials for the construction and maintenance of public infrastructure and commercial and residential buildings in North America. The primary materials produced by this segment include aggregates, cement, readymixed concrete and asphalt. Americas Building Solutions manufactures, supplies and delivers solutions for the built environment in communities across North America. Its International Division, which comprises one segment, International Solutions, is a provider of integrated building solutions primarily across Europe and Australia.
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.