CRH (CRH) closed at $117.23 in the latest trading session, marking a -1.06% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 0.99%. Elsewhere, the Dow saw a downswing of 0.23%, while the tech-heavy Nasdaq depreciated by 1.58%. Shares of the building material company witnessed a loss of 1.14% over the previous month, trailing the performance of the Construction sector with its gain of 0.11%, and the S&P 500's gain of 3.59%.Investors will be eagerly watching for the perf ...

On CNBC's “Halftime Report Final Trades,” Cerity Partners’ Jim Lebenthal said CRH plc (NYSE:CRH) is a “terrific stock” and still pretty much undiscovered.Lending support to his choice, Barclays analyst Adam Seiden, on Oct. 20, maintained CRH with an Overweight rating and raised the price target from $110 to $131.CRH shares gained 2% to close at $120.17 on Friday, Oct. 24.Don't forget to check out our premarket coverage here.NewEdge Wealth CEO Rob Sechan named Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) ahead ...

In the latest close session, CRH (CRH) was down 1.07% at $116.98. This move lagged the S&P 500's daily loss of 0.53%. At the same time, the Dow lost 0.71%, and the tech-heavy Nasdaq lost 0.93%. The building material company's stock has climbed by 3.64% in the past month, exceeding the Construction sector's gain of 0.51% and the S&P 500's gain of 1.13%.The investment community will be closely monitoring the performance of CRH in its forthcoming earnings report. The company is expected to report EPS of $2.12, ...

CRH plc (NYSE:CRH) is one of the stocks Jim Cramer was focused on recently. During the lightning round, when a caller asked about the stock, Cramer remarked: “It’s just, it’s as hot as a pistol. We know that that is the area that is holding up fine, despite the fact that there’s no housing to speak of. Great call there.” Stock market data showing an upward trajectory. Photo by Burak The Weekender on Pexels CRH plc (NYSE:CRH) supplies building materials and construction solutions for infrastructure, co ...

Core Viewpoint - A pullback in the 10-year Treasury yield has positively impacted home builder stocks, providing relief to the sector [1] Group 1: Impact on Home Builder Stocks - The decline in the 10-year Treasury yield has led to an increase in home builder stock prices, indicating a favorable market environment for the industry [1]

Core Insights - The article focuses on the Asia Value & Moat Stocks research service, which targets value investors looking for significant discrepancies between stock prices and intrinsic values, particularly in the Asian market [1] Group 1: Investment Strategy - The service emphasizes deep value balance sheet bargains, such as net cash stocks, net-nets, low price-to-book (P/B) stocks, and sum-of-the-parts discounts [1] - It also highlights wide moat stocks, which are characterized by strong earnings power at discounted prices, including high-quality businesses and hidden champions [1] Group 2: Market Focus - The primary focus is on investment opportunities listed in Asia, with a particular emphasis on the Hong Kong market [1] - The service provides a range of watch lists with monthly updates to assist investors in identifying potential investment opportunities [1]

Core Insights - The article focuses on the Asia Value & Moat Stocks research service, which targets value investors looking for significant discrepancies between stock prices and intrinsic values, particularly in the Asian market [1] Group 1: Investment Strategy - The service emphasizes deep value balance sheet bargains, such as net cash stocks, net-nets, low price-to-book (P/B) stocks, and sum-of-the-parts discounts [1] - It also highlights wide moat stocks, which are characterized by strong earnings power at discounted prices, including high-quality businesses and hidden champions [1] Group 2: Market Focus - The primary focus is on investment opportunities listed in Asia, with a particular emphasis on the Hong Kong market [1] - The service provides a range of watch lists with monthly updates to assist investors in identifying potential investment opportunities [1]

Core Insights - Baupost Group LLC/MA, led by Seth Klarman, reported a portfolio valued at $4.13 billion, with the top five holdings constituting 46.93% of total assets [1] Group 1: Top Holdings Overview - **Alphabet Inc. (GOOG)**: The largest position, with 2.63 million shares valued at $467.24 million, representing 11.31% of the portfolio. The fund increased its stake by 556,000 shares (+26.76%), indicating growing confidence in the company's search franchise and AI opportunities [2] - **Wesco International Inc. (WCC)**: The second-largest position, holding 2.21 million shares worth $408.85 million (9.90% of assets). Baupost raised its stake by 202,000 shares (+10.07%), reflecting confidence in Wesco's industrial distribution leadership [3] - **Willis Towers Watson PLC (WTW)**: Holding 1.31 million shares valued at $402.79 million (9.75% of the portfolio). The fund reduced its position by 211,000 shares (-13.86%), likely for profit-taking after strong performance [4] - **CRH PLC (CRH)**: The fourth-largest holding, with 3.83 million shares valued at $351.17 million (8.50% of assets). Baupost added 1.13 million shares (+41.98%), showing increased conviction in the building materials sector [5] - **Fidelity National Information Services (FIS)**: Rounding out the top five with 3.78 million shares worth $308.52 million (7.47% portfolio weight). The fund increased its holdings by 296,764 shares (+8.50%), indicating confidence in the company's restructuring efforts [6] Group 2: Investment Philosophy - Baupost's portfolio reflects a disciplined value philosophy, selectively adding to undervalued positions while trimming gains in outperformers. The concentration in technology, industrials, and financials highlights a strategy focused on high-quality businesses with strong underlying assets [7]

Core Insights - CRH PLC is identified as a leading beneficiary of the AI boom, particularly in the heavy materials sector, according to Kathryn Thompson, CEO of Thompson Research Group [1] - The company anticipates significant growth driven by the data center boom, as discussed by CEO Jim Mintern during an earnings call [2] - CRH expects robust demand in infrastructure supported by government and EU funding, with positive momentum in nonresidential markets and a gradual recovery in residential construction [3] Company Overview - CRH PLC is the largest building materials company in North America and Europe, supplying products for various construction and infrastructure projects [4] - The company’s product range includes aggregates, cement, asphalt, and concrete, as well as utility infrastructure and outdoor living solutions [4] - CRH is currently trading at 8.7 times the estimated cash flow for 2025, which is lower than its vertically integrated peers trading at up to 13 times cash flow [5]

Company Performance - CRH's stock price ended at $117.85, reflecting a +1.3% change from the previous day's closing price, outperforming the S&P 500's 0.58% gain [1] - Over the past month, CRH shares have increased by 5.08%, while the Construction sector has declined by 3.22% and the S&P 500 has gained 3.68% [1] Financial Forecast - The upcoming financial results for CRH are anticipated to show an EPS of $2.18, representing a 15.96% increase from the same quarter last year [2] - Revenue is projected to be $11.24 billion, indicating a 6.9% growth compared to the corresponding quarter of the previous year [2] Annual Estimates - For the entire fiscal year, earnings are projected at $5.57 per share and revenue at $37.74 billion, reflecting changes of +3.34% and +6.1% respectively from the prior year [3] - Recent analyst estimate revisions are crucial as they often indicate shifts in short-term business dynamics, with positive revisions suggesting an optimistic outlook [3] Valuation Metrics - CRH has a Forward P/E ratio of 20.88, which is higher than the industry average of 19.43, indicating that CRH is trading at a premium [6] - The company also has a PEG ratio of 1.65, compared to the industry average PEG ratio of 1.86 [6] Industry Context - The Building Products - Miscellaneous industry, which includes CRH, has a Zacks Industry Rank of 154, placing it in the bottom 38% of over 250 industries [7] - The Zacks Industry Rank assesses the performance potential of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]