In the latest close session, CRH (CRH) was down 1.78% at $84.89. This change lagged the S&P 500's 0.52% loss on the day. Elsewhere, the Dow saw a downswing of 1.24%, while the tech-heavy Nasdaq depreciated by 0.21%.
Coming into today, shares of the building material company had gained 2.94% in the past month. In that same time, the Construction sector lost 6.53%, while the S&P 500 lost 1.21%.
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 October 29, 2026. The company's earnings per share (EPS) are projected to be $2.14, reflecting a 3.17% decrease from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $11.72 billion, up 5.87% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $5.83 per share and a revenue of $39.6 billion, demonstrating changes of +4.67% and +5.75%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for CRH. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.24% downward. As of now, CRH holds a Zacks Rank of #3 (Hold).
Looking at valuation, CRH is presently trading at a Forward P/E ratio of 14.83. This expresses a discount compared to the average Forward P/E of 17.08 of its industry.
Also, we should mention that CRH has a PEG ratio of 1.57. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Building Products - Miscellaneous stocks are, on average, holding a PEG ratio of 1.5 based on yesterday's closing prices.
The Building Products - Miscellaneous industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 204, which puts it in the bottom 18% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the 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).