CRH Plc [CRH] Stock trading around $78.72 per share: What’s Next?

CRH Plc [NYSE: CRH] gained 2.83% on the last trading session, reaching $78.72 price per share at the time.

If compared to the average trading volume of 5.22M shares, CRH reached a trading volume of 7632142 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying about CRH Plc [CRH]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CRH shares is $98.22 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CRH stock is a recommendation set at 1.46. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

RBC Capital Mkts have made an estimate for CRH Plc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 14, 2024. While these analysts kept the previous recommendation, Stifel raised their target price from $80 to $82. The new note on the price target was released on April 15, 2024, representing the official price target for CRH Plc stock. Previously, the target price had yet another raise to $105, while Vertical Research analysts kept a Buy rating on CRH stock.

The Average True Range (ATR) for CRH Plc is set at 2.22, with the Price to Sales ratio for CRH stock in the period of the last 12 months amounting to 1.56. The Price to Book ratio for the last quarter was 2.70, with the Price to Cash per share for the same quarter was set at 4.79. Price to Free Cash Flow for CRH in the course of the last twelve months was 19.43 with Quick ratio for the last quarter at 0.91.

Trading performance analysis for CRH stock

CRH Plc [CRH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.88. With this latest performance, CRH shares dropped by -5.02% in over the last four-week period, additionally plugging by 17.07% over the last 6 months – not to mention a rise of 97.29% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CRH stock in for the last two-week period is set at 48.09, with the RSI for the last a single of trading hit 48.83, and the three-weeks RSI is set at 48.09 for CRH Plc [CRH]. The present Moving Average for the last 50 days of trading for this stock 80.05, while it was recorded at 78.47 for the last single week of trading, and 70.25 for the last 200 days.

CRH Plc [CRH]: A deeper dive into fundamental analysis

CRH Plc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.91 and a Current Ratio set at 1.37.

CRH Plc [CRH]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CRH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for CRH Plc go to 10.27%.

An analysis of Institutional ownership at CRH Plc [CRH]

The top three institutional holders of CRH stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in CRH stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in CRH stock with ownership which is approximately 5.8386%.