StockCall Scrutinizes CEMEX and Eagle Materials: Cement Stocks Move Up on Improved Construction Scene PR Newswire LONDON, February 26, 2013 LONDON, February 26, 2013 /PRNewswire/ -- Uptick in construction sector provided a boost to a wide range of industrial segments. Construction material segment is one such sub-sector to profit from the improvement. The companies in the sector reported good results and provided healthy outlook. However, some companies like CEMEX S.A.B. de C.V. (NYSE: CX) are still struggling to generate profits. At the very same time, its stock has performed well in the market. Eagle Materials Inc. (NYSE: EXP) stock also scaled new high prices in the stock market, on the back of robust financial numbers. StockCall reviewed the solar industry and chose CEMEX S.A.B. and Eagle Materials for its technical coverage. These free reports can be seen for free at http://www.stockcall.com/signup Eagle Materials Inc. Attracts Hedge Fund Interest Eagle Materials recently touched its 52-week price. The company also reported its quarterly results and reported its revenue at $164.7 million, up 33 percent. Its Earnings per share stood at 43 cents per share, up 115 percent. Eagle Materials also posted higher sales volume for all its segments. Register for today's free analysis on Eagle Materials Inc. at http://www.StockCall.com/EXP022613.pdf Its stock is up 95 percent in the past one year and is getting lapped up by hedge funds. Millennium Management, run by Israel Englander, owns stake in the company. The Vanguard Group and BlackRock Fund Advisors also hold interest in the company. Insiders are also buying the shares as its Director Laurence E. Hirsch purchased 667K shares of the company. Insider and institutional buying are good signs for any stock as these display confidence in the future performance of the stock. Eagle Materials stands to benefit from the recovery in construction sector. The increase in demand is also expected to convert in to higher sales price, adding to the company's top-line. The company deals in a wide range of building construction materials like cement, gypsum, concrete and paperboard. The company stock trades at Price/Earnings ratio of 47.58. It also has robust balance. Cemex S.A.B. de C.V. Touches New 52-Week High Cemex announced its fourth quarter income at -$0.43, lagging behind the consensus estimate of -$0.09 per share. Its revenue of $3.71 billion also slightly missed analysts' expectations of $3.72 billion in revenue. The company also improved its gross and net margin while its operating margin declined. For its first quarter, the company expects its revenue to be at $3.56 billion while its EPS is pegged at -$0.08. Download the free research on CEMEX S.A.B. de C.V. by signing up now at http://www.StockCall.com/CX022613.pdf Cemex's stock responded well to the results and touched its new 52-week high price. The company holds a leadership position in ready mix concrete segment. It faces weak prospects in Europe but the improvement in construction segment in the U.S. is a good sign. However, in order to control its losses, the company is taking steps to curtail its costs. Cemex announced 79 job cuts in two of its facilities in West Palm Beach. The company will keep running the plants. It is also planning to carry out job cuts in Spain. Cemex stock is up 44 percent in the past 52 weeks and the company's cost-cutting plans are expected to pay off in the near future. About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com SOURCE StockCall.com Contact: Contact Person: William T. Knight, Email: firstname.lastname@example.org, Contact Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST)
StockCall Scrutinizes CEMEX and Eagle Materials: Cement Stocks Move Up on Improved Construction Scene
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