TopBuild Corp. (NYSE:BLD) Receives $447.13 Consensus PT from Analysts

Shares of TopBuild Corp. (NYSE:BLD - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the ten analysts that are presently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $447.13.

Several brokerages have weighed in on BLD. DA Davidson cut their price target on TopBuild from $460.00 to $450.00 and set a "buy" rating on the stock in a report on Thursday, November 7th. Seaport Res Ptn lowered shares of TopBuild from a "strong-buy" rating to a "hold" rating in a research note on Friday. Evercore ISI decreased their price target on shares of TopBuild from $491.00 to $443.00 and set an "outperform" rating for the company in a research note on Wednesday, November 6th. Jefferies Financial Group lowered their price target on shares of TopBuild from $525.00 to $515.00 and set a "buy" rating for the company in a report on Wednesday, October 9th. Finally, StockNews.com upgraded shares of TopBuild from a "hold" rating to a "buy" rating in a report on Tuesday, October 29th.

Hedge Funds Weigh In On TopBuild

Large investors have recently bought and sold shares of the stock. FMR LLC grew its stake in TopBuild by 9.7% during the 3rd quarter. FMR LLC now owns 1,830,493 shares of the construction company's stock worth $744,663,000 after buying an additional 161,743 shares during the last quarter. State Street Corp grew its position 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 acquiring an additional 34,911 shares during the last quarter. Geode Capital Management LLC increased 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 acquiring an additional 12,909 shares during the period. Liontrust Investment Partners LLP raised its position in TopBuild by 21.1% in the 2nd quarter. Liontrust Investment Partners LLP now owns 332,050 shares of the construction company's stock valued at $127,929,000 after purchasing an additional 57,880 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. acquired a new stake in TopBuild during the 3rd quarter worth $114,220,000. Institutional investors and hedge funds own 95.67% of the company's stock.

TopBuild Stock Down 3.6 %

Shares of BLD traded down $12.89 during mid-day trading on Friday, hitting $344.27. 267,755 shares of the company's stock were exchanged, compared to its average volume of 287,178. The stock's 50-day moving average is $375.48 and its 200-day moving average is $393.05. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.49 and a current ratio of 2.01. TopBuild has a fifty-two week low of $340.13 and a fifty-two week high of $495.68. The company has a market cap of $10.16 billion, a price-to-earnings ratio of 17.37, a P/E/G ratio of 2.31 and a beta of 1.79.

TopBuild (NYSE:BLD - Get Free Report) last announced its earnings results on Tuesday, November 5th. The construction company reported $5.68 earnings per share for the quarter, topping the consensus estimate of $5.62 by $0.06. The firm had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.39 billion. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The firm's revenue for the quarter was up 3.6% on a year-over-year basis. During the same period in the prior year, the firm earned $5.43 EPS. On average, sell-side analysts anticipate that TopBuild will post 20.95 earnings per share for the current fiscal year.

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.