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How to Buy Eagle Materials Stock

Eagle Materials Inc

Eagle Materials is a building material company located in Texas, United States, which is part of the Basic Materials sector, and is traded under the ticker EXP on the NYSE exchange.

Eagle Materials stock last closed at $226.58, down 1.88% from the previous day, and has increased 35.87% in one year. It has underperformed other stocks in the Building Materials industry by 0.02 percentage points. Eagle Materials stock is currently +56.23% from its 52-week low of $145.03, and -18.09% from its 52-week high of $276.61.

At the moment, there are 33.92M shares of EXP outstanding. The market capitalization of EXP is $7.68B. In the past 24 hours, 448,298 EXP shares were traded.

How to Buy Eagle Materials Stock

Not sure how to invest in Eagle Materials stock? Here's how.
  1. Choose where to buy Eagle Materials stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Eagle Materials stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Choose your method of payment and add your details.
  4. Analyze Eagle Materials stock: The Eagle Materials ticker symbol is EXP. Is Eagle Materials stock a good investment? Should you buy shares of EXP? How do EXP's underlying business fundamentals look? Do top analysts think Eagle Materials is a good buy? Why has EXP's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if EXP is a good stock to buy).
  5. Place your EXP trade: Decide if you will purchase EXP shares at the current market price or use a limit order to purchase EXP stock at a particular price.
  6. Keep an eye on your EXP position: Create a watchlist to key updates about your new investment in Eagle Materials stock.

Step 1: Choose where to buy Eagle Materials stock

You need an online brokerage account in order to access the NYSE market and buy EXP stock.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've picked the right brokerage, the next step is to fill out some personal information so you are able to buy EXP stock today.

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  2. Enter your personal details to open a new brokerage account.
  1. Submit your details by hitting the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you have filled out your info on the best stock trading app, you can securely and quickly fund your account:

Check out this video walkthrough for more details transferring money into your brokerage account.

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Step 4: Analyze Eagle Materials stock

After you have figured out the best place to buy Eagle Materials stock, it's important to research their stock prior to buying, so you truly comprehend the risk as well as the opportunity.

Eagle Materials Numbers

EXP Price
$226.58
1w %
0.84%
1y %
35.87%
5y %
158.18%
P/E
16.51x
P/B
5.87x
P/S
3.49x
PEG
1.35x
Revenue
$2.26B
Earnings
$477.64M
Fore. Rev. Growth
6.76%
Fore. Earn. Growth
12.24%
Market Cap
$7.68B
Next Earnings
Jul 25, 2024
Next Dividend
Jul 15, 2024

EXP Due Diligence Checks

WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on EXP's stock page.

Is EXP stock overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge EXP's intrinsic value.

Using relative valuations methods:

  • EXP could be undervalued based on its P/E ratio of 16.51x, relative to Building Materials industry P/E ratio of 23.98x
  • EXP could be overvalued based on its P/B ratio of 5.87x, relative to Building Materials industry P/B ratio of 2.84x
  • EXP could be overvalued based on its PEG ratio of 1.35x

You can do additional valuation research on EXP's stock here.

Is EXP a healthy company?

Passed Health Checks:

  • There are more short-term assets than short-term liabilities on the EXP balance sheet.
  • EXP's operating cash flow of $563.94M allows it to safely service it's debt of $1.12B.
  • EXP earnings of $660.19M is not sufficient to cover its interest payments.

Failed Health Checks:

  • EXP profit margin has gone down from 21.5% to 21.1% in the past year.
  • There are more long-term liabilities than short-term assets on the EXP balance sheet.
  • Total EXP debt is higher than 5 years ago, relative to shareholder equity.
  • EXP has a relatively high debt to equity ratio of 1.25.

Is it a good time to buy Eagle Materials stock, according to Wall Street analysts?

Out of 8 Equities analysts who give ratings on EXP, the consensus analyst rating on EXP is a Strong Buy

Please note that analyst ratings are not recommendations, nor are they financial advice.

Most Recent EXP Analyst Forecasts

Jerry Revich, a top 3% analyst from Goldman Sachs maintains EXP with a strong buy rating and raises their EXP price target from $238.00 to $273.00, on Apr 16, 2024.

Keith Hughes, a top 2% analyst from Truist Securities maintains EXP with a strong buy rating and raises their EXP price target from $290.00 to $320.00, on Apr 2, 2024.

Truist Securities's Keith Hughes raised their price target on Eagle Materials (NYSE: EXP) by 10.3% from $290 to $320 on 2024/04/02. The analyst maintained their Strong Buy rating on the stock.

Hughes reported that a deep dive into the Industrials (Construction Materials) sector catalyzed their price target hike.

The analyst told investors that Truist Securities lowered its Q1 EBITDA expectations for cement/aggregate names in light of the exceptionally bad weather at the start of the year.

However, Hughes told readers that their firm's FY 2024 estimates remain "mostly" unaltered because Truist Securities believes the better weather ahead will more than offset the bad winter.

Summing up the impact of rising prices and costs and the "anticipated softening of costs from the mid to high single-digit aggregated cost inflation mentioned by management in 2024," the analyst predicted low-double-digit EBITDA growth for the group in FY 2025.

Adrian Huerta, a top 24% analyst from JP Morgan maintains EXP with a hold rating and raises their EXP price target from $200.00 to $265.00, on Mar 22, 2024.

You can dig deeper into what analysts are saying on the Eagle Materials stock forecast page.

EXP Technicals

SMA10
226.88
SMA20
233.19
SMA50
247.89
SMA100
248.28
SMA200
214.03
MACD
-7.12
MACD Signal
-7.44
MACD Histogram
0.32
RSI
38.71
Stochastic %K
41.35
Stochastic %D
32.55
StochRSI %K
90.85
StochRSI %D
81.93

EXP Earnings

Last year, EXP earnings were $477.64M. In the past 5 year, EXP's earnings have increased by 56.11% per year. This was faster than the Building Materials industry average of 18.78%.

Last year, EXP revenue was $2.26B. Over the past 5 year, EXP's revenue has increased by 11.51% per year. This was faster than the Building Materials industry average of 6.55%.

Learn more about EXP's earnings and revenue performance here.

Are EXP insiders buying or selling the stock?

Over the last year, executives and large shareholders at EXP have sold more shares than they have bought.

Eric Cribbs, President American Gypsum of EXP, was the latest EXP insider to sell. They sold $47,575.84 worth of EXP shares on May 10, 2024.

Research more about who owns EXP stock here.

Can I rely on EXP as an income stream?

Eagle Materials pays a dividend of 0.33%, compared to the Building Materials industry's average dividend yield of 1.68%. If you owned $1,000 of EXP stock, you would have been paid $3.31 in the past 12 months.

Eagle Materials dividend payments have consistently grown over the past decade and have remained stable.

Dig into more info about Eagle Materials dividend yield and history here.

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Step 5: Place your EXP trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly fine.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at an exact dollar amount limit, use a limit order.

Press the Open Trade button and your broker will place the order.

If you require more assistance investing in stocks on eToro, click the how to video below:

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Step 6: Keep an eye on your EXP position

Now that you own some shares in EXP, you'll want to keep up with your new shares.

Make a watchlist to monitor your EXP stock.

EXP Feed

How to Buy Stock in Eagle Materials

To summarize, here are the 6 steps to buy stock in Eagle Materials:

  1. Choose where to buy Eagle Materials stock
  2. Open a brokerage account
  3. Deposit money your investment account
  4. Analyze Eagle Materials stock
  5. Place your EXP trade
  6. Keep an eye on your EXP position

If you are looking for a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep tabs on your investment in Eagle Materials, add EXP to your watchlist by clicking the button below.

NYSE: EXP
$226.58-4.34 (-1.88%)
Updated Jun 14, 2024
Open eToro Account
NYSE: EXP
$226.58-4.34 (-1.88%)
Updated Jun 14, 2024
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FAQ

How much does it cost to buy one Eagle Materials share?

As of Jun 14, 2024, it costs $226.58 to buy one share of Eagle Materials stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.441 shares of EXP.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Eagle Materials stock?

According to 8 Wall Street analysts who monitor Eagle Materials, their consensus recommendation is to buy Eagle Materials stock.

What is the best way to buy Eagle Materials stock?

One way to place an order for Eagle Materials stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.