In last trading session, CRH Plc (NYSE:CRH) saw 3.27 million shares changing hands with its beta currently measuring 1.30. Company’s recent per share price level of $86.34 trading at $0.58 or 0.68% at ring of the bell on the day assigns it a market valuation of $59.68B. That closing price of CRH’s stock is at a premium of 0.16% from its 52-week high price of $86.20 and is indicating a premium of 45.87% from its 52-week low price of $46.74. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.31 million shares which gives us an average trading volume of 3.74 million if we extend that period to 3-months.
CRH Plc (NYSE:CRH) trade information
Upright in the green during last session for gaining 0.68%, in the last five days CRH remained trading in the green while hitting it’s week-highest on Friday, 03/22/24 when the stock touched $86.34 price level, adding 0.1% to its value on the day. CRH Plc’s shares saw a change of 24.84% in year-to-date performance and have moved 3.53% in past 5-day. CRH Plc (NYSE:CRH) showed a performance of 10.45% in past 30-days. Number of shares sold short was 17.63 million shares which calculate 4.32 days to cover the short interests.
CRH Plc (CRH) estimates and forecasts
Statistics highlight that CRH Plc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 61.20% of value to its shares in past 6 months, showing an annual growth rate of 15.37% while that of industry is 9.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 5.00% from the last financial year’s standing.
13 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $36.68 billion for the same.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 26.26% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 11.68% while estimates for its earnings growth in next 5 years are of 13.63%.
CRH Dividends
CRH Plc is more likely to be releasing its next quarterly report on February 29 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
CRH Plc (NYSE:CRH)’s Major holders
Insiders are in possession of 0.47% of company’s total shares while institution are holding 73.31 percent of that, with stock having share float percentage of 73.66%. Investors also watch the number of corporate investors in a company very closely, which is 73.31% institutions for CRH Plc that are currently holding shares of the company. Cevian Capital II Gp Ltd is the top institutional holder at CRH for having 28.23 million shares of worth $2.44 billion. And as of Dec 30, 2023, it was holding 4.09% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group Inc, which was holding about 27.03 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 3.92% of outstanding shares, having a total worth of $2.33 billion.
On the other hand, Vanguard International Stock Index-Total Intl Stock Indx and Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund are the top two Mutual Funds which own company’s shares. As of Oct 30, 2023, the former fund manager was holding 9.81 million shares of worth $846.57 million or 1.42% of the total outstanding shares. The later fund manager was in possession of 5.76 million shares on Dec 30, 2023, making its stake of worth around $497.33 million in the company or a holder of 0.83% of company’s stock.
