Eagle Materials Stock Shares Outstanding
EXP Stock | USD 309.11 8.84 2.94% |
Eagle Materials fundamentals help investors to digest information that contributes to Eagle Materials' financial success or failures. It also enables traders to predict the movement of Eagle Stock. The fundamental analysis module provides a way to measure Eagle Materials' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eagle Materials stock.
As of 11/21/2024, Common Stock Shares Outstanding is likely to grow to about 41.4 M. Eagle | Shares Outstanding |
Eagle Materials Company Shares Outstanding Analysis
Eagle Materials' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Eagle Materials Shares Outstanding | 33.54 M |
Most of Eagle Materials' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Eagle Materials is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Eagle Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Eagle Materials is extremely important. It helps to project a fair market value of Eagle Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Eagle Materials' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Eagle Materials' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Eagle Materials' interrelated accounts and indicators.
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Eagle Shares Outstanding Historical Pattern
Today, most investors in Eagle Materials Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Eagle Materials' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Eagle Materials shares outstanding as a starting point in their analysis.
Eagle Materials Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Eagle Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Eagle Materials has 33.54 M of shares currently outstending. This is 94.54% lower than that of the Construction Materials sector and 93.9% lower than that of the Materials industry. The shares outstanding for all United States stocks is 94.13% higher than that of the company.
Eagle Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eagle Materials' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eagle Materials could also be used in its relative valuation, which is a method of valuing Eagle Materials by comparing valuation metrics of similar companies.Eagle Materials is currently under evaluation in shares outstanding category among its peers.
Eagle Materials Current Valuation Drivers
We derive many important indicators used in calculating different scores of Eagle Materials from analyzing Eagle Materials' financial statements. These drivers represent accounts that assess Eagle Materials' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Eagle Materials' important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 2.5B | 5.6B | 5.2B | 5.4B | 9.4B | 9.9B | |
Enterprise Value | 4.0B | 6.3B | 6.2B | 6.5B | 10.5B | 11.0B |
Eagle Materials ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Eagle Materials' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Eagle Materials' managers, analysts, and investors.Environmental | Governance | Social |
Eagle Fundamentals
Return On Equity | 0.35 | ||||
Return On Asset | 0.13 | ||||
Profit Margin | 0.21 % | ||||
Operating Margin | 0.30 % | ||||
Current Valuation | 11.08 B | ||||
Shares Outstanding | 33.54 M | ||||
Shares Owned By Insiders | 1.20 % | ||||
Shares Owned By Institutions | 98.80 % | ||||
Number Of Shares Shorted | 1.08 M | ||||
Price To Earning | 16.19 X | ||||
Price To Book | 7.04 X | ||||
Price To Sales | 4.44 X | ||||
Revenue | 2.26 B | ||||
Gross Profit | 519.61 M | ||||
EBITDA | 775.36 M | ||||
Net Income | 477.64 M | ||||
Cash And Equivalents | 15.24 M | ||||
Cash Per Share | 2.28 X | ||||
Total Debt | 1.12 B | ||||
Debt To Equity | 1.01 % | ||||
Current Ratio | 2.48 X | ||||
Book Value Per Share | 42.69 X | ||||
Cash Flow From Operations | 563.94 M | ||||
Short Ratio | 4.23 X | ||||
Earnings Per Share | 14.14 X | ||||
Price To Earnings To Growth | 2.51 X | ||||
Target Price | 309.78 | ||||
Number Of Employees | 2.5 K | ||||
Beta | 1.32 | ||||
Market Capitalization | 10.07 B | ||||
Total Asset | 2.95 B | ||||
Retained Earnings | 1.31 B | ||||
Working Capital | 388.28 M | ||||
Current Asset | 380 M | ||||
Current Liabilities | 120.59 M | ||||
Annual Yield | 0 % | ||||
Five Year Return | 0.42 % | ||||
Net Asset | 2.95 B | ||||
Last Dividend Paid | 1.0 |
About Eagle Materials Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eagle Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eagle Materials using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eagle Materials based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Eagle Materials
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eagle Materials position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eagle Materials will appreciate offsetting losses from the drop in the long position's value.Moving together with Eagle Stock
Moving against Eagle Stock
The ability to find closely correlated positions to Eagle Materials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eagle Materials when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eagle Materials - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eagle Materials to buy it.
The correlation of Eagle Materials is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eagle Materials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eagle Materials moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eagle Materials can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Eagle Stock Analysis
When running Eagle Materials' price analysis, check to measure Eagle Materials' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eagle Materials is operating at the current time. Most of Eagle Materials' value examination focuses on studying past and present price action to predict the probability of Eagle Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eagle Materials' price. Additionally, you may evaluate how the addition of Eagle Materials to your portfolios can decrease your overall portfolio volatility.