On November 22, 2024, Michael Haack, President and Chief Executive Officer of Eagle Materials Inc's subsidiary, sold 32,867 shares of Eagle Materials Inc (EXP, Financial). Following this transaction, the insider now owns 85,811 shares of the company. The details of this transaction can be found in the SEC Filing.
Eagle Materials Inc is a leading provider of building materials that are used in residential, industrial, commercial, and infrastructure construction. The company operates in two primary sectors: Heavy Materials, which includes the Cement and Concrete & Aggregates segments, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments.
Over the past year, Michael Haack has sold a total of 64,567 shares and has not purchased any shares. The insider transaction history for Eagle Materials Inc indicates that there have been no insider buys in the past year, while there have been 19 insider sells during the same period.
On the day of the recent sale, shares of Eagle Materials Inc were trading at $308.54, giving the stock a market cap of $10.576 billion. The company's price-earnings ratio stands at 22.27, which is higher than the industry median of 17.09 and also higher than the company's historical median price-earnings ratio.
With a trading price of $308.54 and a GF Value of $201.01, Eagle Materials Inc has a price-to-GF-Value ratio of 1.53, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
