Eagle Materials Inc. (EXP) to Capitalize on Improving Construction Trends

Eagle Materials Inc. (NYSE:EXP) is one of the best cement stocks to buy according to analysts. On August 26, JPMorgan reiterated its confidence in the growth outlook for the construction materials sector. The investment bank remains confident about the industry owing to improving demand trends in the second half of the year and into 2026.

Eagle Materials is one of the companies well-positioned to benefit from the improving trends in the construction sector. JPMorgan raised its price target for Eagle Materials from $220 to $245, while keeping a Neutral rating on the stock. Heightened investments in infrastructure and non-residential spending should present opportunities for the company to capitalize on its array of building products, such as Portland cement.

For its first quarter of fiscal 2026, the company posted a record revenue of $634.6 million, representing a 4% year-over-year increase. Higher cement sales, volume, and contributions from acquired aggregate businesses in Western Pennsylvania and Northern Kentucky drove the record revenue. The company also reiterated plans to modernize and expand its Mountain Cement plant.

Eagle Materials Inc. (NYSE:EXP) manufactures and distributes building products like Portland cement, gypsum wallboard, concrete, and aggregates for residential, commercial, industrial, and infrastructure construction.

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Disclosure: None. This article is originally published at Insider Monkey.