CRH Plc (NYSE:CRH) has a beta value of 1.30 and has seen 3.53 million shares traded in the last trading session. The company, currently valued at $58.03B, closed the last trade at $83.98 per share which meant it lost -$1.71 on the day or -2.00% during that session. The CRH stock price is -4.79% off its 52-week high price of $88.00 and 44.34% above the 52-week low of $46.74. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.67 million shares traded. The 3-month trading volume is 3.70 million shares.
CRH Plc (NYSE:CRH) trade information
Sporting -2.00% in the red in last session, the stock has traded in the red over the last five days, when the CRH stock price touched $83.98 or saw a rise of 3.1%. Year-to-date, CRH Plc shares have moved 21.43%, while the 5-day performance has seen it change -0.49%. Over the past 30 days, the shares of CRH Plc (NYSE:CRH) have changed 3.46%. Short interest in the company has seen 4.15 million shares shorted with days to cover at 4.32.
CRH Plc (CRH) estimates and forecasts
Figures show that CRH Plc shares have outperformed across the wider relevant industry. The company’s shares have gained 48.43% over the past 6 months, with this year growth rate of 15.37%, compared to 9.30% for the industry. Revenue growth from the last financial year stood is estimated to be 5.30%.
15 analysts offering their estimates for the company have set an average revenue estimate of $36.79 billion for the current quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 26.26% over the past 5 years. Earnings growth for 2024 is a modest 12.75% while over the next 5 years, the company’s earnings are expected to increase by 10.24%.
CRH Dividends
CRH Plc is expected to release its next earnings report on February 29 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.33 at a share yield of 1.58%. The company’s dividend yield has gone up over the past 12 months.
CRH Plc (NYSE:CRH)’s Major holders
Insiders own 0.47% of the company shares, while shares held by institutions stand at 73.32% with a share float percentage of 73.67%. Investors are also buoyed by the number of investors in a company, with CRH Plc having a total of 1,030 institutions that hold shares in the company. The top two institutional holders are FMR, LLC with over 10.28 million shares worth more than $572.88 million. As of Jun 29, 2023, FMR, LLC held 1.44% of shares outstanding.
The other major institutional holder is Boston Partners, with the holding of over 5.73 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $319.44 million and represent 0.81% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Series International Growth Fund and John Hancock Mutual Fds III-Disciplined Value Fd. As of Jun 29, 2023, the former fund manager holds about 0.72% shares in the company for having 5.14 million shares of worth $286.24 million while later fund manager owns 2.41 million shares of worth $138.81 million as of Aug 30, 2023, which makes it owner of about 0.34% of company’s outstanding stock.
