In the latest close session, CRH (CRH) was up +1.17% at $103.91. This move outpaced the S&P 500's daily gain of 0.38%. On the other hand, the Dow registered a gain of 0.02%, and the technology-centric Nasdaq increased by 0.9%.
Heading into today, shares of the building material company had lost 6.28% over the past month, lagging the Construction sector's loss of 3.74% and the S&P 500's gain of 1.27%.
The investment community will be paying close attention to the earnings performance of CRH in its upcoming release. The company is slated to reveal its earnings on July 30, 2026. The company's upcoming EPS is projected at $1.96, signifying a 1.03% increase compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $10.67 billion, up 4.57% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.92 per share and revenue of $39.84 billion, indicating changes of +6.28% and +6.39%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for CRH. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. CRH is currently a Zacks Rank #2 (Buy).
In terms of valuation, CRH is currently trading at a Forward P/E ratio of 17.36. This represents a discount compared to its industry average Forward P/E of 17.72.
Also, we should mention that CRH has a PEG ratio of 1.79. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. CRH's industry had an average PEG ratio of 1.5 as of yesterday's close.
The Building Products - Miscellaneous industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 182, which puts it in the bottom 27% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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This article originally published on Zacks Investment Research (zacks.com).