FY2025 EPS Estimates for TopBuild Cut by Zacks Research

TopBuild Corp. (NYSE:BLD - Free Report) - Zacks Research lowered their FY2025 earnings estimates for TopBuild in a report issued on Monday, March 10th. Zacks Research analyst S. Mukherjee now forecasts that the construction company will post earnings of $20.76 per share for the year, down from their previous estimate of $22.18. The consensus estimate for TopBuild's current full-year earnings is $20.97 per share.

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

Other research analysts have also recently issued reports about the stock. StockNews.com cut shares of TopBuild from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. Seaport Res Ptn cut shares of TopBuild from a "strong-buy" rating to a "hold" rating in a report on Friday, December 13th. Loop Capital dropped their target price on shares of TopBuild from $405.00 to $390.00 and set a "buy" rating on the stock in a report on Thursday, February 27th. Evercore ISI cut shares of TopBuild from an "outperform" rating to an "inline" rating and dropped their target price for the stock from $443.00 to $381.00 in a report on Monday, December 16th. Finally, The Goldman Sachs Group dropped their target price on shares of TopBuild from $475.00 to $410.00 and set a "buy" rating on the stock in a report on Tuesday, January 14th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, TopBuild currently has a consensus rating of "Moderate Buy" and an average price target of $403.88.

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TopBuild Trading Up 0.7 %

Shares of NYSE BLD traded up $2.16 during mid-day trading on Thursday, reaching $301.41. The company had a trading volume of 319,064 shares, compared to its average volume of 298,894. The business's 50-day moving average is $323.89 and its 200-day moving average is $353.75. The company has a current ratio of 2.01, a quick ratio of 1.49 and a debt-to-equity ratio of 0.64. The stock has a market cap of $8.81 billion, a price-to-earnings ratio of 15.21, a price-to-earnings-growth ratio of 1.82 and a beta of 1.89. TopBuild has a 52 week low of $288.31 and a 52 week high of $495.68.

Institutional Trading of TopBuild

Several hedge funds have recently modified their holdings of the company. Park Square Financial Group LLC purchased a new stake in shares of TopBuild during the fourth quarter valued at about $111,000. Amiral Gestion purchased a new position in shares of TopBuild in the 4th quarter valued at approximately $486,000. Toronto Dominion Bank raised its position in shares of TopBuild by 62.8% in the 4th quarter. Toronto Dominion Bank now owns 3,436 shares of the construction company's stock valued at $1,069,000 after purchasing an additional 1,326 shares during the last quarter. GTS Securities LLC purchased a new position in shares of TopBuild in the 4th quarter valued at approximately $268,000. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp purchased a new position in shares of TopBuild in the 4th quarter valued at approximately $16,623,000. 95.67% of the stock is owned by hedge funds and other institutional investors.

TopBuild Company Profile

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.