In today’s recent session, 2.12 million shares of the CRH Plc (NYSE:CRH) have been traded, and its beta is 1.37. Most recently the company’s share price was $101.26, and it changed around -$1.72 or -1.67% from the last close, which brings the market valuation of the company to $68.79B. CRH at last check was trading at a discount to its 52-week high of $105.58, offering almost -4.27% off that amount. The share price’s 52-week low was $71.18, which indicates that the recent value has risen by an impressive 29.71% since then. We note from CRH Plc’s average daily trading volume that its 10-day average is 4.06 million shares, with the 3-month average coming to 3.45 million.
CRH Plc stock received a consensus recommendation rating of Buy, based on a mean score of 1.42. If we narrow it down even further, the data shows that 0 out of 22 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 3 recommended CRH as a Hold, whereas 13 deemed it a Buy, and 1 rated it as Underweight. CRH Plc is expected to report earnings per share of 1.42 for the current quarter.
CRH Plc (NYSE:CRH) trade information
Instantly CRH has been showing red trend so far today with a performance of -1.67% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 105.58 on recent trading dayincreased the stock’s daily price by 4.09%. The company’s shares are currently up 9.45% year-to-date, but still up 0.10% over the last five days. On the other hand, CRH Plc (NYSE:CRH) is 10.61% up in the 30-day period. We can see from the shorts that 12.04 million shares have been sold at a short interest cover period of 3.71 day(s).
The consensus price target as assigned by Wall Street analysts is $99, which translates to bulls needing to decrease their stock price by -2.28% from its current value. Analyst projections state that CRH is forecast to be at a low of $88 and a high of $110.
CRH Plc (CRH) estimates and forecasts
The year-over-year growth rate is expected to be 3.09%, up from the previous year.
Consensus estimates provided by 8 financial analysts predict the company will bring in an average of 9B in revenue for the current quarter. 5 analysts expect CRH Plc to make 6.92B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 8.65B and 6.53B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 4.00%. Forecasts for the next quarter put sales growth at 5.98%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 26.26%. CRH Plc earnings are expected to increase by 17.87% in 2025, but the outlook is positive 12.70% per year for the next five years.
CRH Dividends
CRH Plc’s next quarterly earnings report is expected to be released in March. The annual dividend yield of the stock is 1.38 percent and its annual dividend per share was 1.40. It is important to note, however, that the 1.38% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 2.51 per year.
CRH Plc (NYSE:CRH)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.17% of CRH Plc shares, and 81.46% of them are in the hands of institutional investors. The stock currently has a share float of 81.59%. CRH Plc stock is held by 1294.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 5.6757% of the shares, which is about 38.91 million shares worth $2.92 billion.
BLACKROCK INC., with 5.1474% or 35.29 million shares worth $2.65 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Extended Market Index Fund and Vanguard International Stock Index-Total Intl Stock Indx were the top two Mutual Funds as of Sep 30, 2024. The former held 10.17 shares worth $1.04 billion, making up 1.50% of all outstanding shares. On the other hand, Vanguard International Stock Index-Total Intl Stock Indx held roughly 9.57 shares worth around $979.23 million, which represents about 1.41% of the total shares outstanding.
