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Industrial Goods Stocks under Review -- CEMEX, CRH PLC, Builders FirstSource, and Eagle Materials

BLDR, CX, EXP, CRH

PR Newswire

NEW YORK, November 23, 2016 /PRNewswire/ --

The Industrial Goods sector is extremely cyclical, following the S&P 500 almost identically. Companies in this sector are engaged in three kinds of business: commercial services, transportation services, and capital goods manufacturing and distribution. Today, Stock-Callers.com draws investors' attention to CEMEX S.A.B. de C.V. (NYSE: CX), CRH PLC (NYSE: CRH), Builders FirstSource Inc. (NASDAQ: BLDR), and Eagle Materials Inc. (NYSE: EXP) to see how they have fared at the last close. Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration

CEMEX

Mexico-based CEMEX S.A.B. de C.V.'s shares saw a slight drop of 0.76% and finished Tuesday's trading session at $7.83. A total volume of 8.38 million shares was traded. Since the start of this year, the stock has advanced 46.20%. The Company's shares are trading above their 200-day moving average by 10.07%. Moreover, shares of CEMEX, which produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, and other construction materials in Mexico and internationally, have a Relative Strength Index (RSI) of 45.12.

On November 14th, 2016, research firm HSBC Securities upgraded the Company's stock rating from 'Hold' to 'Buy'.

On November 18th, 2016, CEMEX announced that it has closed the sale of certain assets in the US to Grupo Cementos de Chihuahua, S.A.B. de C.V. ("GCC") for approximately US$306 million. The proceeds obtained from this transaction will be used mainly for debt reduction and for general corporate purposes. The assets sold by CEMEX in the US to GCC consist of CEMEX's cement plant in Odessa, Texas; two cement terminals and the building materials business in El Paso, Texas and Las Cruces, New Mexico. Sign up and read the free research report on CX at:

http://stock-callers.com/registration/?symbol=CX


CRH PLC

On Tuesday, shares in Dublin, Ireland headquartered CRH PLC recorded a trading volume of 1.69 million shares, which was above their three months average volume of 1.39 million shares. The stock ended the session 0.71% lower at $33.47. The Company's shares have gained 0.78% in the last one month, 2.24% in the previous three months and 18.97% on an YTD basis. The stock is trading 1.07% and 11.29% above its 50-day and 200-day moving averages, respectively. Furthermore, shares of CRH PLC, which through its subsidiaries, manufactures and distributes building materials, have an RSI of 50.35. The complimentary research report on CRH can be downloaded at:


http://stock-callers.com/registration/?symbol=CRH


Builders FirstSource

Shares in Dallas, Texas-based Builders FirstSource Inc. closed the day at $11.42, rising 0.88%. The stock recorded a trading volume of 1.91 million shares, which was higher than its three months average volume of 1.21 million shares. The Company's shares have advanced 9.81% in the last month and 3.07% since the start of this year. The stock is trading 5.50% above its 50-day moving average and 2.14% above its 200-day moving average. Additionally, shares of Builders FirstSource, which manufactures and supplies building materials, manufactured components, and construction services to professional contractors, sub-contractors, and consumers in the US, have an RSI of 68.90.

On November 04th, 2016, Builders FirstSource announced that Peter Jackson has been named Senior Vice President and Chief Financial Officer. As CFO, Mr. Jackson will play a key role in helping the Company achieve its next level of growth and performance. He will replace Chad Crow as CFO, allowing Mr. Crow to focus on his role as President and Chief Operating Officer. Mr. Jackson joins Builders FirstSource from Lennox International, Inc., where he served in various senior financial roles, most recently VP and CFO - Refrigeration Segment.

Yesterday, research firm Seaport Global Securities initiated a 'Buy' rating on the Company's stock, issuing a target price of $16 per share. Register for free on Stock-Callers.com and access the latest report on BLDR at:

http://stock-callers.com/registration/?symbol=BLDR


Eagle Materials

At the closing bell yesterday, shares in Dallas, Texas headquartered Eagle Materials Inc. ended 1.39% higher at $94.68. A total volume of 1.04 million shares was traded, which was above their three months average volume of 765,700 shares. The stock has advanced 18.60% in the last one month, 13.61% over the previous three months and 57.31% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 16.79% and 24.78%, respectively. Furthermore, shares of Eagle Materials, which produces and sells construction products and building materials for use in residential, industrial, commercial, and infrastructure construction in the US, have an RSI of 68.99.

On November 09th, 2016, research firm Standpoint Research downgraded the Company's stock rating from 'Buy' to 'Hold'.

On November 15th, 2016, Eagle Materials' Board of Directors declared a quarterly cash dividend of $0.10 per share, payable on January 20th, 2017, to stockholders of record of its Common Stock at the close of business on December 23rd, 2016. Get free access to your research report on EXP at:

http://stock-callers.com/registration/?symbol=EXP

--

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