Eagle
Materials Inc. (EXP) manufactures and sells basic building materials.
Key
Information:
Fundamental:
Sector:
Industrial Goods
Industry:
Cement
Liquidity:
Market
Capitalization: $2.63 billion
Average daily
volume (3-month): 1.2 million shares
Closing Stock
Price: $52.21
Risk
Proxies:
52-week high /
52-week low: 2.62
Beta: 2.1
Debt/Equity:
0.43
Profitable:
Yes
Valuation:
Price/Sales:
3.06
Price/Book:
5.65
Price/Earnings:
17.29
Price/2007
Analyst Earnings Estimates: 10.02
Technical
Analysis
After
declining quite steadily for a month, EXP moved up strongly off of support on
Friday, suggesting a possible reversal. The reversal seems especially
likely to continue; in addition to the bullish price action, volume was very strong,
there was a bullish Stochastics crossover in oversold territory, and money flow
was very positive during Thursday and Friday.
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Key
Levels
Buy:
Market
We don't
believe it is necessary to wait for any further confirmation of the reversal
Stop loss:
47.97
Below Friday's
lows, and below support
Target:
69.74
Slightly below
resistance
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