Reflections On The Past For Investors Today: CRH Plc (NYSE: CRH)

CRH Plc (NYSE:CRH) does about 4.78M shares in volume on a normal day but saw 8447536 shares change hands in Monday trading. The company now has a market cap of 54.88B USD. Its current market price is $79.42, marking an increase of 2.06% compared to the previous close of $77.82. The 52 week high reached by this stock is $88.00 whilst the lowest price level in 52 weeks is $48.50.

CRH Plc (CRH) has a 20-day trading average at $80.43 and the current price is -9.75% off the 52-week high compared with 63.75% distance from its 52-week low. The 50-day simple moving average of the closing price is $80.71 and its 200-day simple moving average is $69.72. If we look at the stock’s price movements over the week, volatility stands at 2.45%, which increases to 2.80% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 48.65 to suggest the stock is neutral.

The consensus objective for the share price is $98.36, suggesting that the stock has a potential upside of 19.26% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on May 14, 2024 when RBC Capital Mkts initiated the stock to “Outperform” and issued a price target of $110. Stifel downgraded the stock to “Hold” from Buy on April 15, 2024 at a price target of $80-$82. Vertical Research initiated its price target at $105.

CRH Plc (CRH) stock is up 0.56% over the week and -1.12% over the past month. Its price is 14.84% year-to-date and 135.39% over the past year.

To reach the target analysts have set, the stock logically needs to grow 19.26 percent from here.

The company has a return on investment of 10.16% and return on equity of 14.49%. The price to earnings ratio (P/E ratio) amounts to 20.43 while the forward price to earnings ratio is 13.52. The beta has a value of 1.39. Price to book ratio is 2.73 and price to sales ratio is 1.57.