TopBuild (NYSE:BLD - Get Free Report) will be issuing its quarterly earnings data before the market opens on Tuesday, November 5th. Analysts expect TopBuild to post earnings of $5.65 per share for the quarter. TopBuild has set its FY 2024 guidance at EPS.Individual that are interested in participating in the company's earnings conference call can do so using this link.
TopBuild (NYSE:BLD - Get Free Report) last released its quarterly earnings data on Tuesday, August 6th. The construction company reported $5.42 EPS for the quarter, missing the consensus estimate of $5.68 by ($0.26). TopBuild had a return on equity of 25.72% and a net margin of 11.74%. The business had revenue of $1.37 billion during the quarter, compared to analysts' expectations of $1.40 billion. During the same quarter in the prior year, the firm earned $5.25 earnings per share. TopBuild's quarterly revenue was up 3.7% on a year-over-year basis. On average, analysts expect TopBuild to post $21 EPS for the current fiscal year and $23 EPS for the next fiscal year.
TopBuild Price Performance
NYSE:BLD traded down $14.50 during mid-day trading on Tuesday, hitting $356.05. 580,496 shares of the company's stock traded hands, compared to its average volume of 285,517. TopBuild has a 1 year low of $217.84 and a 1 year high of $495.68. The company has a market cap of $11.33 billion, a PE ratio of 17.46, a price-to-earnings-growth ratio of 2.45 and a beta of 1.77. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.82 and a current ratio of 2.34. The firm's 50 day simple moving average is $389.85 and its 200 day simple moving average is $401.33.
Analyst Ratings Changes
Several research analysts recently issued reports on the company. Stephens cut their price objective on TopBuild from $435.00 to $400.00 and set an "equal weight" rating for the company in a research report on Thursday, August 8th. Evercore ISI upped their price objective on TopBuild from $489.00 to $491.00 and gave the company an "outperform" rating in a research report on Wednesday, October 16th. DA Davidson decreased their price objective on TopBuild from $470.00 to $460.00 and set a "buy" rating on the stock in a research note on Friday, August 9th. StockNews.com downgraded shares of TopBuild from a "buy" rating to a "hold" rating in a research note on Friday, October 11th. Finally, Jefferies Financial Group decreased their price target on shares of TopBuild from $525.00 to $515.00 and set a "buy" rating on the stock in a research note on Wednesday, October 9th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, TopBuild presently has a consensus rating of "Moderate Buy" and a consensus target price of $446.89.
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About TopBuild
(
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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.
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