TopBuild (NYSE:BLD) is set to release its earnings data before the market opens on Tuesday, November 6th. Analysts expect TopBuild to post earnings of $1.21 per share for the quarter.
TopBuild (NYSE:BLD) last issued its quarterly earnings results on Tuesday, August 7th. The construction company reported $1.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.95 by $0.08. The firm had revenue of $605.97 million during the quarter, compared to analysts’ expectations of $594.43 million. TopBuild had a net margin of 9.10% and a return on equity of 12.42%. On average, analysts expect TopBuild to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Shares of NYSE:BLD opened at $49.32 on Friday. The firm has a market cap of $1.76 billion, a P/E ratio of 17.74 and a beta of 0.77. The company has a quick ratio of 1.18, a current ratio of 1.56 and a debt-to-equity ratio of 0.69. TopBuild has a 1-year low of $42.18 and a 1-year high of $87.21.
In other news, VP John S. Peterson sold 1,887 shares of the firm’s stock in a transaction on Friday, August 10th. The shares were sold at an average price of $77.28, for a total value of $145,827.36. Following the completion of the sale, the vice president now owns 33,927 shares in the company, valued at approximately $2,621,878.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Robert M. Buck sold 17,766 shares of the firm’s stock in a transaction on Thursday, August 9th. The stock was sold at an average price of $77.40, for a total transaction of $1,375,088.40. Following the completion of the sale, the insider now owns 62,696 shares of the company’s stock, valued at approximately $4,852,670.40. The disclosure for this sale can be found here. 1.30% of the stock is owned by corporate insiders.
BLD has been the subject of a number of recent research reports. Jefferies Financial Group reiterated a “buy” rating and set a $98.00 price target on shares of TopBuild in a research note on Friday, July 20th. ValuEngine cut shares of TopBuild from a “buy” rating to a “hold” rating in a research note on Wednesday, July 25th. Seaport Global Securities reiterated a “buy” rating and set a $94.00 price target on shares of TopBuild in a research note on Sunday, August 12th. Stephens reiterated a “buy” rating and set a $87.00 price target on shares of TopBuild in a research note on Thursday, August 16th. Finally, KeyCorp set a $81.00 price target on shares of TopBuild and gave the stock a “buy” rating in a research note on Monday, August 27th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $86.70.
TopBuild Corp. engages in the installation, distribution, and sale of insulation and other building products to the United States construction industry. The company operates in two segments, Installation and Distribution. It offers rain gutters, garage doors, fireplaces, fireproofing and firestopping products, shower enclosures, closet shelves, accessories, and other building products; and residential insulation services.
Featured Article: What is intrinsic value?
Receive News & Ratings for TopBuild Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TopBuild and related companies with MarketBeat.com's FREE daily email newsletter.