CRH(CRH)

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CRH: Underappreciated Value And S&P 500 Index Contender
Seeking Alpha· 2024-10-13 19:51
Professional equity portfolio manager for a boutique buy-side asset manager.My focus is on finding highquality companies, applying a disciplined approach to valuation and identifying underappreciated opportunities. My goal is to identify opportunities in cash-rich companies with strong balance sheets and shareholder friendly policies. I endeavour to incorporate a mix of quantitative and qualitative measures to identify opportunities in stocks. Long-only approach with a long-term investment focus. Analyst's ...
CRH (CRH) Upgraded to Buy: Here's Why
ZACKS· 2024-10-10 17:00
Investors might want to bet on CRH (CRH) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The power of a changing earnings ...
CRH plc Is Well Positioned For Continued Growth In Infrastructure Spending
Seeking Alpha· 2024-10-08 22:36
It's an election year in the US, and that means construction. Every time a vote looms, there is a scramble to make a show of some high-profile road building and other repairs across the nation. That means road workers have to acquire a lot I'm Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared in Forbes, Toronto Star, Minneapolis Star-Tribune, Providence Journal, Washington Times and the Detroit Free Press, as well as American Conservative Magazine and the Quincy I ...
CRH(CRH) - 2024 Q2 - Earnings Call Transcript
2024-08-08 18:03
CRH plc (NYSE:CRH) Q2 2024 Results Conference Call August 8, 2024 8:00 AM ET Company Participants Albert Manifold - Group Chief Executive Tom Holmes - Head of Investor Relations Randy Lake - Chief Operating Officer Jim Mintern - Chief Financial Officer Conference Call Participants Trey Grooms - Stephens Kathryn Thompson - Thompson Research Group Michael Dudas - Vertical Research Partners Ross Harvey - Davy Gregor Kuglitsch - UBS Brent Thielman - D.A. Davidson Keith Hughes - Truist Operator Good day, and wel ...
CRH(CRH) - 2024 Q2 - Quarterly Report
2024-08-08 10:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-32846 CRH public limited company (Exact name of registrant as specified Ireland (State or other jurisdiction of incorporation or organization) ...
CRH(CRH) - 2024 Q2 - Quarterly Results
2024-08-08 10:02
Exhibit 99.1 Q2 2024 Results Key Highlights | --- | --- | --- | --- | --- | |-----------------------------|-----------|---------|-----------|---------| | Summary Financials | Q2 2024 | Change | H1 2024 | Change | | Total revenues | $9.7bn | -1% | $16.2bn | — | | 1 Net income | $1.3bn | +8% | $1.4bn | +20% | | Net income margin | 13.6% | +110bps | 8.8% | +150bps | | Adjusted EBITDA* | $2.3bn | +12% | $2.7bn | +13% | | Adjusted EBITDA margin* | 23.4% | +270bps | 16.7% | +180bps | | EPS1 | $1.89 | +16% | $2.05 ...
CRH (CRH) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2024-07-29 23:01
Shares of the building material company witnessed a gain of 8.76% over the previous month, trailing the performance of the Construction sector with its gain of 10.96% and outperforming the S&P 500's loss of 0.21%. For the full year, the Zacks Consensus Estimates are projecting earnings of $5.39 per share and revenue of $36.85 billion, which would represent changes of +16.67% and +5.44%, respectively, from the prior year. Based on our research, we believe these estimate revisions are directly related to near ...
CRH plc: Strategic Acquisitions, Government Funding, And Onshoring Trend
Seeking Alpha· 2024-07-25 10:02
pattawee kunsrivarathai/iStock via Getty Images CRH plc (NYSE:CRH) specialises in providing building materials solutions globally. CRH's historical financial results have shown strong and consistent revenue growth. In addition to that, both its adjusted EBITDA margin and income from continuing operations margins expanded annually. Looking ahead, the Infrastructure Investment and Jobs Act is expected to bolster CRH's growth outlook as about $110 billion is allocated to roads and bridges. In addition, critica ...
3 Stocks to Buy to Capitalize on Surging Home Prices
Investor Place· 2024-07-16 20:30
With two Fed rate cuts expected by December, mortgage rates should decrease. This may bring more buyers to the market, making now a good time to consider which stocks to buy. Real estate investment trusts (REITs) provide less risky exposure to market trends. Home building materials suppliers and home builders are well-positioned to capitalize on surging home prices. Therefore, three stocks that may benefit are: Despite the latest report showing an easing of inflation, home prices continue to rise due to a l ...
CRH to Boost Australian Business by Acquiring Adbri With Barro
ZACKS· 2024-06-17 15:20
CRH plc (CRH) , in partnership with the Barro Group, is set to acquire Adbri Ltd., through the Scheme of Arrangement, after receiving approval from Adbri's Independent Shareholders. In December 2023, CRH and Barro jointly announced the acquisition of Adbri. CRH had 4.6% interest and Barro had approximately 43% shares of Adbri. CRH had proposed to raise its stake in Adbri to 57%. Now, with the recent approval for the Scheme of Arrangement by the Court on Jun 14, 2024, CRH will acquire the remaining 57% of or ...