TopBuild Corp (NYSE:BLD) – Stock analysts at Seaport Global Securities issued their Q1 2019 earnings estimates for shares of TopBuild in a research report issued on Wednesday, November 7th. Seaport Global Securities analyst M. Mccall anticipates that the construction company will earn $0.93 per share for the quarter. Seaport Global Securities currently has a “Buy” rating and a $94.00 target price on the stock.
BLD has been the subject of a number of other reports. ValuEngine lowered shares of TopBuild from a “sell” rating to a “strong sell” rating in a research report on Friday, September 28th. SunTrust Banks dropped their target price on shares of TopBuild to $70.00 and set a “buy” rating for the company in a research report on Wednesday. Stephens reiterated a “buy” rating and set a $87.00 target price on shares of TopBuild in a research report on Thursday, August 16th. Jefferies Financial Group reiterated a “buy” rating and set a $98.00 target price on shares of TopBuild in a research report on Friday, July 20th. Finally, KeyCorp set a $81.00 target price on shares of TopBuild and gave the company a “buy” rating in a research report on Monday, August 27th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $84.70.
BLD stock opened at $51.31 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.59 and a quick ratio of 1.18. TopBuild has a 12 month low of $42.18 and a 12 month high of $87.21. The company has a market capitalization of $1.88 billion, a PE ratio of 13.87, a PEG ratio of 0.45 and a beta of 0.77.
TopBuild (NYSE:BLD) last released its quarterly earnings data on Tuesday, November 6th. The construction company reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.01. TopBuild had a net margin of 8.96% and a return on equity of 13.22%. The company had revenue of $647.30 million during the quarter, compared to analyst estimates of $643.65 million. During the same period last year, the business earned $0.83 earnings per share. TopBuild’s revenue was up 32.4% compared to the same quarter last year.
A number of institutional investors have recently made changes to their positions in the business. LPL Financial LLC lifted its holdings in shares of TopBuild by 7.0% in the 1st quarter. LPL Financial LLC now owns 12,588 shares of the construction company’s stock worth $963,000 after acquiring an additional 821 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of TopBuild by 44.4% in the 1st quarter. Royal Bank of Canada now owns 2,600 shares of the construction company’s stock worth $199,000 after acquiring an additional 800 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of TopBuild by 2.5% in the 1st quarter. Principal Financial Group Inc. now owns 297,491 shares of the construction company’s stock worth $22,764,000 after acquiring an additional 7,202 shares during the last quarter. Campbell & CO Investment Adviser LLC bought a new stake in shares of TopBuild in the 2nd quarter worth approximately $290,000. Finally, Amalgamated Bank lifted its holdings in shares of TopBuild by 14.1% in the 2nd quarter. Amalgamated Bank now owns 5,791 shares of the construction company’s stock worth $454,000 after acquiring an additional 716 shares during the last quarter. Institutional investors and hedge funds own 94.45% of the company’s stock.
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.
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