Loop Capital Raises Eagle Materials Price Target to $245.00, Maintains "Hold" Rating

Loop Capital raised its price target for Eagle Materials (EXP) to $245.00, a 6.52% increase, and maintained a "Hold" rating. Analysts' one-year price targets range from $220.00 to $280.00, with an average of $246.75, implying a 6.58% upside from the current price of $231.51. The estimated GF Value for EXP in one year is $224.92, suggesting a 2.85% downside.

Loop Capital has raised its price target for Eagle Materials (NYSE: EXP) to $245.00, a 6.52% increase, while maintaining a "Hold" rating on the stock. The new target is higher than the current trading price of $227.58, according to InvestingPro data, and analysts' one-year price targets range from $220.00 to $280.00, with an average of $246.75. This implies a 6.58% upside from the current price [1].

The price target increase follows Eagle Materials' quarterly results, which exceeded expectations primarily due to stronger wallboard performance that offset weaker cement earnings. The company maintains strong financial health with a "GREAT" overall score and healthy liquidity, as demonstrated by a current ratio of 2.73. Loop Capital noted that Eagle Materials shares typically trade more closely with wallboard pricing, which outperformed in the quarter [1].

The analyst firm cited several factors for the price target adjustment, including the modest earnings beat, stabilizing wallboard pricing, and improved investor sentiment around a building products’ trough. Despite the price target increase, Loop Capital maintained its Hold rating, indicating it would prefer to see a stronger catalyst beyond expectations of a cyclical recovery, especially as cement results remain lackluster [1].

Eagle Materials Inc. reported impressive financial results for its first fiscal quarter of 2026, achieving earnings per share (EPS) of $3.76, surpassing the forecasted $3.73, resulting in a positive surprise of 0.8%. Revenue also exceeded expectations, coming in at $634.7 million compared to the anticipated $610.96 million. These results highlight a strong performance for Eagle Materials, as both earnings and revenue figures surpassed analysts’ projections [2].

In other recent news, Eagle Materials Inc. released its Form 10-Q report for the third quarter, detailing both financial and operational performance. The report highlights the company's revenue growth, operational challenges, and future outlook in the construction materials industry. Financial highlights include a 4% increase in revenue to $634.7 million, a 1% decrease in gross profit to $185.6 million, and a 5% decrease in diluted EPS to $3.76. The company anticipates steady demand for cement due to ongoing infrastructure projects supported by federal and state funding [2].

References:
[1] https://www.investing.com/news/analyst-ratings/eagle-materials-stock-price-target-raised-to-245-from-230-at-loop-capital-93CH-4159847
[2] https://www.tradingview.com/news/tradingview:5299e678c6513:0-eagle-materials-inc-sec-10-q-report/