Eagle Materials (EXP) Stock Forecast, Price Target & Predictions


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EXP Stock Forecast


Eagle Materials stock forecast is as follows: an average price target of $291.29 (represents a 17.31% upside from EXP’s last price of $248.30) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.

EXP Price Target


The average price target for Eagle Materials (EXP) is $291.29 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $315.00 to $243.00. This represents a potential 17.31% upside from EXP's last price of $248.30.

EXP Analyst Ratings


Buy

According to 7 Wall Street analysts, Eagle Materials's rating consensus is 'Buy'. The analyst rating breakdown for EXP stock is 0 'Strong Buy' (0.00%), 6 'Buy' (85.71%), 1 'Hold' (14.29%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Eagle Materials Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 03, 2024Garik ShmoisLoop Capital Markets$315.00$281.5411.88%26.86%
Aug 01, 2024Anthony PettinariCitigroup$311.00$272.3014.21%25.25%
Aug 01, 2024Trey GroomsStephens$315.00$272.3015.68%26.86%
Jul 30, 2024Jerry RevichGoldman Sachs$277.00$265.604.29%11.56%
Jul 30, 2024Brent ThielmanD.A. Davidson$243.00$265.60-8.51%-2.13%
Jul 30, 2024Stanley ElliottStifel Nicolaus$295.00$265.6011.07%18.81%
Jul 17, 2024Philip NgJefferies$283.00$245.7015.18%13.98%
Jul 03, 2024Garik ShmoisLoop Capital Markets$265.00$214.3923.61%6.73%
May 22, 2024Garik ShmoisLoop Capital Markets$305.00$238.0928.10%22.84%
Jul 31, 2023Keith HughesTruist Financial$220.00$184.3719.33%-11.40%
May 23, 2022Truist Financial$155.00$124.9624.04%-37.58%
May 20, 2022Goldman Sachs$162.00$119.9135.11%-34.76%
Jul 29, 2021Stanley ElliottStifel Nicolaus$172.00$142.1920.96%-30.73%
May 26, 2021Adrian HuertaJ.P. Morgan$160.00$144.4110.80%-35.56%
May 21, 2021Keith HughesTruist Financial$164.00$143.4314.34%-33.95%

The latest Eagle Materials stock forecast, released on Oct 03, 2024 by Garik Shmois from Loop Capital Markets, set a price target of $315.00, which represents a 11.88% increase from the stock price at the time of the forecast ($281.54), and a 26.86% increase from EXP last price ($248.30).

Eagle Materials Price Target by Period


1M3M12M
# Anlaysts-19
Avg Price Target-$315.00$289.89
Last Closing Price$248.30$248.30$248.30
Upside/Downside-100.00%26.86%16.75%

In the current month, the average price target of Eagle Materials stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Eagle Materials's last price of $248.30. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Dec 16, 2024JefferiesBuyHoldDowngrade
Oct 29, 2024Goldman SachsBuyBuyHold
Oct 09, 2024JefferiesBuyBuyHold
Oct 03, 2024Loop Capital MarketsBuyBuyHold
Aug 01, 2024CitigroupBuyBuyHold
Aug 01, 2024StephensOverweightOverweightHold
Jul 31, 2024Loop Capital MarketsBuyBuyHold
Jul 30, 2024Goldman SachsBuyBuyHold
Jul 17, 2024JefferiesBuyBuyHold
Jul 03, 2024Loop Capital MarketsBuyBuyHold
May 23, 2024Raymond JamesOutperformOutperformHold
May 22, 2024Loop Capital MarketsBuyBuyHold
Apr 05, 2024CitigroupBuyBuyHold
Jan 08, 2024Loop Capital MarketsBuyUpgrade
Oct 31, 2023Raymond JamesOutperformOutperformHold
Jan 30, 2023CFRABuyUpgrade
May 20, 2022Goldman SachsBuyBuyHold

Eagle Materials's last stock rating was published by Jefferies on Dec 16, 2024. The company Downgrade its EXP rating from "Buy" to "Hold".

Eagle Materials Financial Forecast


Eagle Materials Revenue Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18
Revenue-----------$601.52M$470.13M$511.49M$605.07M$561.39M$413.12M$462.94M$509.69M$475.77M$343.30M$404.67M$447.68M$428.02M$315.44M$350.25M$414.53M$370.60M$284.70M$284.71M
Avg Forecast$521.87M$605.90M$665.56M$645.63M$499.77M$577.45M$651.46M$622.06M$482.29M$537.44M$636.00M$603.11M$454.48M$534.25M$599.11M$549.24M$400.11M$461.38M$505.81M$465.66M$334.90M$390.00M$446.84M$380.57M$282.82M$352.81M$380.21M$373.71M$277.77M$374.97M
High Forecast$537.28M$623.79M$685.20M$664.69M$513.28M$583.11M$656.20M$622.06M$483.33M$553.63M$668.54M$620.92M$467.90M$550.02M$599.11M$549.24M$400.11M$461.38M$505.81M$465.66M$334.90M$390.00M$446.84M$380.57M$282.82M$352.81M$380.21M$373.71M$277.77M$449.96M
Low Forecast$508.01M$589.81M$647.88M$628.49M$493.62M$573.10M$646.73M$622.06M$481.24M$528.82M$615.05M$587.09M$442.41M$520.06M$599.11M$549.24M$400.11M$461.38M$505.81M$465.66M$334.90M$390.00M$446.84M$380.57M$282.82M$352.81M$380.21M$373.71M$277.77M$299.98M
# Analysts5452773445964374347444101010999920
Surprise %-----------1.00%1.03%0.96%1.01%1.02%1.03%1.00%1.01%1.02%1.03%1.04%1.00%1.12%1.12%0.99%1.09%0.99%1.02%0.76%

Eagle Materials's average Quarter revenue forecast for Sep 23 based on 9 analysts is $636.00M, with a low forecast of $615.05M, and a high forecast of $668.54M. EXP's average Quarter revenue forecast represents a 5.73% increase compared to the company's last Quarter revenue of $601.52M (Jun 23).

Eagle Materials EBITDA Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18
# Analysts5452773445964374347444101010999920
EBITDA-----------$164.32M$133.29M$159.86M$221.82M$177.75M$136.94M$169.69M$175.94M$160.66M$120.73M$146.53M$160.69M$174.77M$55.12M$-139.01M$104.35M$63.71M$-163.96M$54.77M
Avg Forecast$174.16M$202.21M$222.12M$215.47M$166.79M$192.71M$217.41M$207.60M$212.08M$179.36M$212.25M$201.28M$192.80M$208.55M$173.55M$159.10M$175.28M$133.65M$146.52M$134.89M$89.57M$112.98M$129.44M$110.24M$33.07M$102.20M$110.14M$108.26M$-149.62M$67.96M
High Forecast$179.31M$208.18M$228.67M$221.83M$171.30M$194.60M$218.99M$207.60M$254.50M$184.76M$223.11M$207.22M$231.36M$250.26M$173.55M$159.10M$210.33M$133.65M$146.52M$134.89M$107.49M$112.98M$129.44M$110.24M$39.69M$102.20M$110.14M$108.26M$-119.69M$81.55M
Low Forecast$169.54M$196.84M$216.22M$209.74M$164.74M$191.26M$215.83M$207.60M$169.67M$176.48M$205.26M$195.93M$154.24M$166.84M$173.55M$159.10M$140.22M$133.65M$146.52M$134.89M$71.66M$112.98M$129.44M$110.24M$26.46M$102.20M$110.14M$108.26M$-179.54M$54.37M
Surprise %-----------0.82%0.69%0.77%1.28%1.12%0.78%1.27%1.20%1.19%1.35%1.30%1.24%1.59%1.67%-1.36%0.95%0.59%1.10%0.81%

9 analysts predict EXP's average Quarter EBITDA for Sep 23 to be $212.25M, with a high of $223.11M and a low of $205.26M. This is 29.17% upper than Eagle Materials's previous annual EBITDA (Jun 23) of $164.32M.

Eagle Materials Net Income Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18
# Analysts5452773445964374347444101010999920
Net Income-----------$120.85M$100.36M$117.18M$139.00M$105.00M$74.32M$102.48M$102.13M$95.33M$66.01M$81.19M$96.03M$96.21M$72.43M$-114.63M$71.79M$41.30M$-127.80M$37.01M
Avg Forecast$105.90M$148.58M$163.36M$141.61M$94.05M$133.47M$157.56M$119.53M$81.65M$119.86M$143.46M$120.42M$74.23M$125.95M$121.56M$95.12M$67.48M$83.52M$92.04M$70.14M$48.98M$58.89M$63.08M$37.93M$43.46M$51.05M$54.30M$44.31M$-116.61M$45.92M
High Forecast$109.97M$154.28M$169.63M$147.04M$100.45M$134.46M$158.99M$119.54M$97.98M$129.62M$152.24M$125.04M$89.08M$151.14M$121.56M$95.12M$80.98M$83.52M$92.04M$70.14M$58.77M$58.89M$63.08M$37.93M$52.15M$51.05M$54.30M$44.31M$-93.29M$55.10M
Low Forecast$102.24M$143.45M$157.72M$136.72M$83.94M$131.83M$156.13M$119.53M$65.32M$110.09M$137.05M$116.26M$59.38M$100.76M$121.56M$95.12M$53.99M$83.52M$92.04M$70.14M$39.18M$58.89M$63.08M$37.93M$34.77M$51.05M$54.30M$44.31M$-139.94M$36.73M
Surprise %-----------1.00%1.35%0.93%1.14%1.10%1.10%1.23%1.11%1.36%1.35%1.38%1.52%2.54%1.67%-2.25%1.32%0.93%1.10%0.81%

Eagle Materials's average Quarter net income forecast for Sep 23 is $143.46M, with a range of $137.05M to $152.24M. EXP's average Quarter net income forecast represents a 18.71% increase compared to the company's last Quarter net income of $120.85M (Jun 23).

Eagle Materials SG&A Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18
# Analysts5452773445964374347444101010999920
SG&A-----------$11.68M$15.69M$12.50M$13.63M$11.82M$13.81M$12.85M$10.67M$9.47M$9.29M$11.33M$11.11M$17.79M$16.90M$13.79M$13.46M$21.25M$10.04M$11.82M
Avg Forecast$15.88M$18.44M$20.26M$19.65M$15.21M$17.57M$19.83M$18.93M$15.18M$16.36M$19.36M$18.36M$13.80M$15.79M$18.23M$16.72M$12.54M$14.04M$15.39M$14.17M$6.89M$11.87M$13.60M$11.58M$10.14M$10.74M$11.57M$11.37M$9.16M$14.67M
High Forecast$16.35M$18.98M$20.85M$20.23M$15.62M$17.75M$19.97M$18.93M$18.21M$16.85M$20.35M$18.90M$16.56M$18.95M$18.23M$16.72M$15.05M$14.04M$15.39M$14.17M$8.27M$11.87M$13.60M$11.58M$12.17M$10.74M$11.57M$11.37M$10.99M$17.60M
Low Forecast$15.46M$17.95M$19.72M$19.13M$15.02M$17.44M$19.68M$18.93M$12.14M$16.09M$18.72M$17.87M$11.04M$12.64M$18.23M$16.72M$10.04M$14.04M$15.39M$14.17M$5.51M$11.87M$13.60M$11.58M$8.11M$10.74M$11.57M$11.37M$7.33M$11.73M
Surprise %-----------0.64%1.14%0.79%0.75%0.71%1.10%0.92%0.69%0.67%1.35%0.95%0.82%1.54%1.67%1.28%1.16%1.87%1.10%0.81%

Eagle Materials's average Quarter SG&A projection for Sep 23 is $19.36M, based on 9 Wall Street analysts, with a range of $18.72M to $20.35M. The forecast indicates a 65.73% rise compared to EXP last annual SG&A of $11.68M (Jun 23).

Eagle Materials EPS Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18
# Analysts5452773445964374347444101010999920
EPS-----------$3.43$2.81$3.23$3.74$2.76$1.91$2.56$2.48$2.27$1.58$1.96$2.32$2.32$1.75$-2.77$1.73$0.94$-2.82$0.77
Avg Forecast$3.14$4.41$4.85$4.20$2.79$3.96$4.67$3.55$2.67$3.55$4.26$3.57$2.30$3.23$3.58$2.80$1.73$2.46$2.71$2.06$1.23$1.73$1.86$1.12$0.87$1.50$1.60$1.30$0.81$1.34
High Forecast$3.26$4.58$5.03$4.36$2.98$3.99$4.72$3.55$2.68$3.84$4.52$3.71$2.38$3.36$3.58$2.80$1.73$2.46$2.71$2.06$1.23$1.73$1.86$1.12$0.87$1.50$1.60$1.30$0.81$1.61
Low Forecast$3.03$4.25$4.68$4.05$2.49$3.91$4.63$3.55$2.65$3.27$4.06$3.45$2.22$3.12$3.58$2.80$1.73$2.46$2.71$2.06$1.23$1.73$1.86$1.12$0.87$1.50$1.60$1.30$0.81$1.07
Surprise %-----------0.96%1.22%1.00%1.05%0.99%1.11%1.04%0.92%1.10%1.28%1.13%1.25%2.08%2.01%-1.84%1.08%0.72%-3.48%0.57%

According to 9 Wall Street analysts, Eagle Materials's projected average Quarter EPS for Sep 23 is $4.26, with a low estimate of $4.06 and a high estimate of $4.52. This represents a 24.05% increase compared to EXP previous annual EPS of $3.43 (Jun 23).

Eagle Materials Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CXCEMEX$5.62$7.9741.81%Buy
MLMMartin Marietta Materials$544.78$635.2016.60%Buy
EXPEagle Materials$266.40$291.299.34%Buy
VMCVulcan Materials Company$272.65$290.006.36%Buy
CRHCRH$97.23$99.001.82%Buy
SUMSummit Materials$50.77$48.25-4.96%Buy
LOMALoma Negra Compañía Industrial Argentina Sociedad Anónima$12.69$8.10-36.17%Hold

EXP Forecast FAQ


Is Eagle Materials a good buy?

Yes, according to 7 Wall Street analysts, Eagle Materials (EXP) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 85.71% of EXP's total ratings.

What is EXP's price target?

Eagle Materials (EXP) average price target is $291.29 with a range of $243 to $315, implying a 17.31% from its last price of $248.3. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Eagle Materials stock go up soon?

According to Wall Street analysts' prediction for EXP stock, the company can go up by 17.31% (from the last price of $248.3 to the average price target of $291.29), up by 26.86% based on the highest stock price target, and down by -2.13% based on the lowest stock price target.

Can Eagle Materials stock reach $400?

EXP's average twelve months analyst stock price target of $291.29 does not support the claim that Eagle Materials can reach $400 in the near future.

What are Eagle Materials's analysts' financial forecasts?

Eagle Materials's analysts financial forecasts for the fiscal year (Mar 2025) are as follows: average revenue is $2.35B (high $2.37B, low $2.34B), average EBITDA is $784.51M (high $792.49M, low $779.43M), average net income is $504.61M (high $513.44M, low $491.42M), average SG&A $71.54M (high $72.27M, low $71.08M), and average EPS is $14.97 (high $15.23, low $14.58). EXP's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $2.44B (high $2.51B, low $2.37B), average EBITDA is $813.95M (high $837.98M, low $792.34M), average net income is $559.44M (high $580.91M, low $540.13M), average SG&A $74.23M (high $76.42M, low $72.26M), and average EPS is $16.59 (high $17.23, low $16.02).

Did the EXP's actual financial results beat the analysts' financial forecasts?

Based on Eagle Materials's last annual report (Mar 2023), the company's revenue was $2.15B, beating the average analysts forecast of $2.14B by 0.51%. Apple's EBITDA was $623.76M, missing the average prediction of $734.01M by -15.02%. The company's net income was $461.54M, beating the average estimation of $416.86M by 10.72%. Apple's SG&A was $53.63M, missing the average forecast of $64.54M by -16.91%. Lastly, the company's EPS was $12.54, beating the average prediction of $11.9 by 5.35%. In terms of the last quarterly report (Jun 2023), Eagle Materials's revenue was $601.52M, missing the average analysts' forecast of $603.11M by -0.26%. The company's EBITDA was $164.32M, missing the average prediction of $201.28M by -18.36%. Eagle Materials's net income was $120.85M, beating the average estimation of $120.42M by 0.36%. The company's SG&A was $11.68M, missing the average forecast of $18.36M by -36.37%. Lastly, the company's EPS was $3.43, missing the average prediction of $3.57 by -3.96%