TopBuild Corp. (NYSE:BLD) Given Consensus Rating of "Moderate Buy" by Brokerages

Shares of TopBuild Corp. (NYSE:BLD - Get Free Report) have received a consensus rating of "Moderate Buy" from the eight analysts that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $437.00.

A number of analysts have recently issued reports on BLD shares. StockNews.com raised shares of TopBuild from a "hold" rating to a "buy" rating in a research report on Tuesday, October 29th. Evercore ISI lowered shares of TopBuild from an "outperform" rating to an "inline" rating and decreased their target price for the company from $443.00 to $381.00 in a research note on Monday, December 16th. DA Davidson cut their price objective on TopBuild from $460.00 to $450.00 and set a "buy" rating for the company in a report on Thursday, November 7th. The Goldman Sachs Group lowered their target price on TopBuild from $475.00 to $410.00 and set a "buy" rating on the stock in a research note on Tuesday, January 14th. Finally, Jefferies Financial Group cut their price target on TopBuild from $525.00 to $515.00 and set a "buy" rating for the company in a research note on Wednesday, October 9th.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in BLD. Vaughan Nelson Investment Management L.P. acquired a new position in TopBuild in the 3rd quarter valued at about $114,220,000. FMR LLC lifted its holdings in shares of TopBuild by 9.7% during the third 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 in the last quarter. Jennison Associates LLC grew its stake in shares of TopBuild by 2,833.6% in the third quarter. Jennison Associates LLC now owns 114,030 shares of the construction company's stock valued at $46,389,000 after acquiring an additional 110,143 shares in the last quarter. Natixis Advisors LLC bought a new position in TopBuild during the third quarter worth about $41,981,000. Finally, E. Ohman J or Asset Management AB bought a new stake in TopBuild in the 4th quarter valued at about $23,906,000. Institutional investors own 95.67% of the company's stock.

TopBuild Stock Up 0.4 %

NYSE:BLD traded up $1.37 on Monday, reaching $339.23. The stock had a trading volume of 527,048 shares, compared to its average volume of 270,129. The company has a 50-day moving average of $339.18 and a 200 day moving average of $372.57. The stock has a market cap of $10.01 billion, a P/E ratio of 17.12, a price-to-earnings-growth ratio of 2.05 and a beta of 1.85. TopBuild has a 12-month low of $302.70 and a 12-month high of $495.68. The company has a current ratio of 2.01, a quick ratio of 1.49 and a debt-to-equity ratio of 0.64.

TopBuild (NYSE:BLD - Get Free Report) last issued its quarterly earnings results on Tuesday, November 5th. The construction company reported $5.68 earnings per share for the quarter, topping analysts' consensus estimates of $5.62 by $0.06. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The company had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same period in the prior year, the business posted $5.43 EPS. The business's revenue for the quarter was up 3.6% compared to the same quarter last year. On average, research analysts predict that TopBuild will post 20.97 earnings per share for the current 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.