FY2025 Earnings Estimate for TopBuild Issued By DA Davidson

TopBuild Corp. (NYSE:BLD - Free Report) - Equities researchers at DA Davidson reduced their FY2025 earnings estimates for TopBuild in a research report issued on Thursday, March 6th. DA Davidson analyst K. Yinger now expects that the construction company will earn $19.78 per share for the year, down from their previous estimate of $22.85. The consensus estimate for TopBuild's current full-year earnings is $20.97 per share.

Other analysts have also recently issued reports about the stock. Seaport Res Ptn cut shares of TopBuild from a "strong-buy" rating to a "hold" rating in a research report on Friday, December 13th. StockNews.com lowered TopBuild from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th. The Goldman Sachs Group reduced their price target on TopBuild from $475.00 to $410.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. Evercore ISI downgraded shares of TopBuild from an "outperform" rating to an "inline" rating and lowered their price objective for the company from $443.00 to $381.00 in a research report on Monday, December 16th. Finally, Benchmark decreased their target price on shares of TopBuild from $445.00 to $375.00 and set a "buy" rating for the company in a research note on Monday, March 3rd. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $411.78.

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TopBuild Trading Down 2.6 %

NYSE BLD traded down $7.77 during mid-day trading on Monday, hitting $295.26. The company's stock had a trading volume of 297,444 shares, compared to its average volume of 300,102. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.01 and a quick ratio of 1.49. TopBuild has a 52-week low of $288.31 and a 52-week high of $495.68. The stock's fifty day simple moving average is $324.53 and its two-hundred day simple moving average is $355.40. The firm has a market capitalization of $8.63 billion, a P/E ratio of 14.92, a price-to-earnings-growth ratio of 1.82 and a beta of 1.89.

TopBuild (NYSE:BLD - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The construction company reported $5.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.07 by $0.06. The firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.31 billion. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The firm's quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.69 earnings per share.

Institutional Trading of TopBuild

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Capital Research Global Investors increased its holdings in shares of TopBuild by 1.4% in the 4th quarter. Capital Research Global Investors now owns 3,029,012 shares of the construction company's stock valued at $943,050,000 after acquiring an additional 41,047 shares during the last quarter. FMR LLC increased its stake in TopBuild by 9.7% during the third quarter. FMR LLC now owns 1,830,493 shares of the construction company's stock valued at $744,663,000 after purchasing an additional 161,743 shares during the last quarter. State Street Corp raised its holdings in shares of TopBuild by 3.2% during the third quarter. State Street Corp now owns 1,120,029 shares of the construction company's stock worth $455,639,000 after purchasing an additional 34,911 shares during the period. Pictet Asset Management Holding SA lifted its position in shares of TopBuild by 4.9% in the 4th quarter. Pictet Asset Management Holding SA now owns 871,495 shares of the construction company's stock worth $271,331,000 after buying an additional 40,916 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of TopBuild by 2.1% in the 3rd quarter. Geode Capital Management LLC now owns 627,989 shares of the construction company's stock valued at $255,526,000 after buying an additional 12,909 shares during the period. 95.67% of the stock is owned by institutional investors.

About TopBuild

TopBuild Corp., together with its subsidiaries, engages in the installation and distribution of insulation and other building material products to the construction industry. The company operates in two segments, Installation and Specialty Distribution. It provides insulation products and accessories, glass and windows, rain gutters, garage doors, fireplaces, roofing materials, closet shelving, and other products.