CRH CRH plc

$CRH CRH touched a new 52-week low Monday (80.29 intraday, per MarketBeat), the same day Truist cut its price target from 130 to 105 while keeping a Buy rating, and Wells Fargo set a 106 target. Sixteen analysts still rate it a Buy with an average target of 134.19 (MarketBeat), against a tape that closed near 82.65 Monday, up 0.87% on the day (ad-hoc-news). The operating numbers are not what is falling. Q2 revenue grew 5.6% to 10.78 billion dollars, EPS beat at 2.21 vs 2.02 expected, and management reaffirmed full-year guidance: adjusted EBITDA of 8.1 to 8.5 billion dollars and net income of 3.9 to 4.1 billion dollars (MarketBeat, company Q2 call). The Q2 call pointed to stronger infrastructure and reindustrialization demand while new-build residential stayed soft in the US (ad-hoc-news). The street keeps its Buy ratings and keeps trimming the targets behind them. Truist's 105 now sits well below the consensus 134.19. Tracking the target-tape spread into Q3 results.

$CRH This little spreadsheet has the top 10 days for sweeps in CRH stock this year. You can see 29th sept was 5th largest and 30th Sept was the largest by quite some margin. This large sweep days tend to be near turning points. See trades plotted on chart. $ CRH is a bargain trading at 12.5 x Fwd Earnings

$CRH the P/E ratio is 15 - this is a sleeper money maker. I have no idea what’s happening but the stock price and business model do not correlate currently. I bought 300 shares today and am up - will be buying dips and selling covered calls from here. Too juicy. Can anyone explain the stock analysis

$CRH this is where a buyback would be awfully nice. Like the PE — if earnings are revised. Always a concern during a sector-wide slowdown, but remaining patient.

The 10 year PE on $CRH is 17. Currently trading at 14. Stock is down 34% for the year with no change in guidance. I'm sleeping ok continuing to hold this and will continue to add.

$CRH let go more than 100 people and told them there job has been terminated. The management is a joke and this will be tanking to new lows . 😉😂