TopBuild Corp. (NYSE:BLD) Receives Consensus Rating of "Moderate Buy" from Analysts

TopBuild Corp. (NYSE:BLD - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the eight research firms that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price target among analysts that have covered the stock in the last year is $439.38.

BLD has been the subject of a number of recent research reports. Evercore ISI downgraded shares of TopBuild from an "outperform" rating to an "inline" rating and cut their price objective for the company from $443.00 to $381.00 in a report on Monday, December 16th. Seaport Res Ptn downgraded TopBuild from a "strong-buy" rating to a "hold" rating in a research report on Friday, December 13th. StockNews.com raised TopBuild from a "hold" rating to a "buy" rating in a report on Tuesday, October 29th. Jefferies Financial Group reduced their target price on TopBuild from $525.00 to $515.00 and set a "buy" rating on the stock in a report on Wednesday, October 9th. Finally, DA Davidson dropped their price target on TopBuild from $460.00 to $450.00 and set a "buy" rating for the company in a research note on Thursday, November 7th.

TopBuild Stock Performance

Shares of NYSE:BLD traded up $3.46 during trading on Thursday, reaching $319.00. 287,156 shares of the stock were exchanged, compared to its average volume of 249,271. The firm has a market cap of $9.41 billion, a PE ratio of 16.09, a PEG ratio of 2.31 and a beta of 1.84. 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 has a 12 month low of $302.70 and a 12 month high of $495.68. The stock has a 50-day moving average price of $350.00 and a 200-day moving average price of $381.16.

TopBuild (NYSE:BLD - Get Free Report) last issued its quarterly earnings data on Tuesday, November 5th. The construction company reported $5.68 EPS for the quarter, beating analysts' consensus estimates of $5.62 by $0.06. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The firm had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same period in the prior year, the firm posted $5.43 EPS. The company's revenue for the quarter was up 3.6% on a year-over-year basis. Research analysts expect that TopBuild will post 20.95 EPS for the current fiscal year.

Institutional Trading of TopBuild

Hedge funds have recently added to or reduced their stakes in the stock. Nordea Investment Management AB increased its stake in shares of TopBuild by 4.1% in the fourth quarter. Nordea Investment Management AB now owns 34,506 shares of the construction company's stock valued at $10,707,000 after buying an additional 1,352 shares during the period. Central Pacific Bank Trust Division increased its position in TopBuild by 43.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 432 shares of the construction company's stock valued at $134,000 after acquiring an additional 130 shares during the period. Everence Capital Management Inc. acquired a new position in shares of TopBuild during the fourth quarter worth $290,000. Versant Capital Management Inc grew its stake in shares of TopBuild by 327.3% in the fourth quarter. Versant Capital Management Inc now owns 94 shares of the construction company's stock worth $29,000 after purchasing an additional 72 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in TopBuild by 14.1% in the third quarter. JPMorgan Chase & Co. now owns 85,613 shares of the construction company's stock valued at $34,828,000 after purchasing an additional 10,612 shares during the period. Institutional investors and hedge funds own 95.67% of the company's stock.

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.