Heidelberg Materials (OTCMKTS:HLBZF – Get Free Report) is anticipated to post its results before the market opens on Wednesday, November 4th. Analysts expect the company to announce earnings of $4.46 per share and revenue of $6.96 billion for the quarter.
Heidelberg Materials Trading Up 5.4%
Shares of Heidelberg Materials stock opened at $172.67 on Tuesday. Heidelberg Materials has a 52 week low of $150.30 and a 52 week high of $299.59. The firm’s 50 day moving average is $172.00 and its two-hundred day moving average is $204.56.
Analyst Upgrades and Downgrades
Separately, Royal Bank Of Canada upgraded shares of Heidelberg Materials from a “sector perform” rating to an “outperform” rating in a report on Friday, October 9th. Four analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company presently has an average rating of “Buy”.
Get Our Latest Stock Analysis on Heidelberg Materials
Heidelberg Materials Company Profile
Heidelberg Materials is a Germany-based building materials company that produces and distributes cement, aggregates, ready-mixed concrete and other construction materials. Its products are used in residential, commercial and infrastructure projects, including roads, bridges and other large-scale developments.
The company was founded in Heidelberg, Germany, in 1873 as HeidelbergCement. It adopted the name Heidelberg Materials in 2022 as part of a broader effort to emphasize its role in the construction materials industry and its focus on sustainability.
Read More
- Five stocks we like better than Heidelberg Materials
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
Receive News & Ratings for Heidelberg Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heidelberg Materials and related companies with MarketBeat.com's FREE daily email newsletter.
