Two Stocks Seeing A Clear Path Ahead: Eagle Materials Inc. (EXP), Spark Energy, Inc. (SPKE)

For Eagle Materials Inc. (NYSE:EXP) Thursday was another day of strong-handed buying, with the high volume day punctuated by a rise from previous close. Trading activity expanded to 0.86 million shares from the 90-day average tally of 0.59 million shares per day. The price at the open on 30-Nov-17 was $108.69 but as the session wore on, the stock escalated, closing with a gain of 3.4%. Its shares recently got a closing price of $111.93 per share.

Eagle Materials Inc. (EXP): A 13.6% Rally In This Year — But Still Has Room To Grow 6.13%

According to 10 stock analysts, Eagle Materials Inc., is being kept at an average Outperform, rating, with at least 4.29% of shares outstanding that are currently legally short sold. The shares of the corporation went up by 6.02% during the previous month. So far this year, the stock had gone up by 13.6%. With these types of results to display analysts, are more optimistic than before, leading 6 of analysts who cover Eagle Materials Inc. (NYSE:EXP) advice their clients to include it in their buy candidate list. However, at the Wall Street, the shares for the company has been tagged a $118.79 price target, indicating that the shares will rally 6.13% from its current levels. At the moment, the stock is trading for about 0.86% more than its 52-week high.

Eagle Materials Inc. Last Posted 14.24% Sales Growth

Eagle Materials Inc. (EXP) has so far tried but failed to beat the consensus-estimated $1.55, with their earning staying at $1.31 per share. This was revealed in their last financial report. Their revenue meanwhile grew by 14.24% from the last quarter, totaling $418.26 million.

EXP Is 6.62% Away From SMA20

The shares of the company (EXP) staged the smart recovery as has roared back some 29.38% after stumbling to its new 52-weeks low. The share price volatility of the stock remained at 2.25% for the month and by reducing the timeframe to just a week, the volatility stood at 1.94%. As for the shares, it has gone above the 20 days moving average and is now hovering within a distance of 6.62%. Currently the price is sitting at 5.24% higher than its 50 days moving average. Analyzing the last five market sessions, the stock was able to report 5.41% gains, thus going up by 13.26%, compared with its 200-day moving average of $98.71. Also, a 15.15% expansion in Eagle Materials Inc. (EXP) witnessed over the past one year opens up opportunity to go after even more gains

Spark Energy, Inc. (NASDAQ:SPKE) Has 2 Buy or Better Ratings

Spark Energy, Inc. (SPKE) was also brought into the spotlight with a -$0.4 drop. As the regular session came to an end, the price changed by -3.1% to $12.5. The trading of the day started with the price of the stock at $12.75. However, at one point, in the middle of the day, the price touched a high of $12.75 before it finally returned some of the gains. Analyzing SPKE this week, analysts seem to be content with keeping to their neutral forecast call at 2. Spark Energy, Inc. analysts gave 2 buy-equivalent recommendations, 0 sells and 2 holds. This company shares tumbled -47.15% from their most recent record high of $23.65 and now hold $443.5 million in market value of equity.

Spark Energy, Inc. Underpriced by 84%

SPKE’s mean recommendation on Reuter’s scale has been revised downward from 2.4 thirty days ago to 2 now. This is an indication of a hold consensus from the analysts’ society. They expect that Spark Energy, Inc. (SPKE) price will be reaching a mean target of $19.25 a share. This implies that they believe the stock has what it takes to lift the price another 54%. The recent close goes a long way in suggesting that the stock price is being underpriced by a 84% compared to the most bullish target.

Spark Energy, Inc. (SPKE) Returns -17.49% This Year

The company during the last trade was able to reach a volume of 0.27 million shares. That activity is comparable to their recent volume average trend of nearly 0.15 million shares which they recorded over a period of three months. The stock price volatility for last week at the close of regular trading was 5.83%, pushing the figure for the whole month to now reaching 5.37%. Spark Energy, Inc. price was kept to a minimum $12.05 in intra-day trade and has returned -17.49% this year alone. At a certain point in the past four quarters, the shares traded as low as $11.30 but made a 10.62% recovery since then.

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