On September 17, 2024, George Damiris, Director at Eagle Materials Inc (EXP, Financial), sold 1,000 shares of the company. The transaction was executed at a price of $277.62 per share, as detailed in the SEC Filing. Following this sale, the insider now owns 7,943 shares of Eagle Materials Inc.
Eagle Materials Inc is a leading manufacturer of basic building materials including cement, gypsum wallboard, recycled paperboard, and concrete and aggregates. The company operates in the United States, providing essential materials for the construction industry.
Over the past year, George Damiris has engaged in a total of 1,000 shares sold and has not purchased any shares. This recent sale aligns with a broader trend within the company, where there have been 13 insider sells and no insider buys over the past year.
The stock of Eagle Materials Inc was trading at $277.62 on the day of the sale, giving the company a market cap of approximately $9.82 billion. The price-earnings ratio of the company stands at 20.63, which is above both the industry median of 16.205 and the historical median for the company.
According to the GF Value, the intrinsic value of Eagle Materials Inc is estimated at $199.86 per share, making the current price represent a price-to-GF-Value ratio of 1.39. This suggests that the stock is significantly overvalued.
The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This sale by the insider might be of interest to current and potential investors, providing insight into insider confidence and valuation perspectives at current price levels.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
