From Seekingalpha · Daniel Jones · · 40s
Eagle Materials Stock Rises After Upgrade
Eagle Materials stock jumps 20% after analyst upgrades from hold to buy.
In brief
Eagle Materials stock jumps 20% after analyst upgrades from hold to buy. Eagle Materials stock rose 20.4% following an upgrade from hold to buy despite recent declines. Originally reported by Seekingalpha.
Eagle Materials Stock Drops
Eagle Materials stock fell 20.4% since upgrading from hold to buy in late April.
Revenue Growth Continues
Eagle Materials revenue rises through cement and recycled paperboard segments.
Margin Pressures Intensify
Higher costs and weak pricing squeeze margins despite revenue growth.
Capacity Expansion Plans
Management targets lower costs and increased production via major capacity expansions.
In short
Eagle Materials stock rose 20.4% following an upgrade from hold to buy despite recent declines.
