TopBuild Corp. (NYSE:BLD) Given Average Recommendation of “Hold” by Analysts

Shares of TopBuild Corp. (NYSE:BLD) have been given a consensus rating of “Hold” by the fifteen analysts that are covering the company, MarketBeat Ratings reports. Nine equities research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $466.7662.

BLD has been the topic of several research reports. DA Davidson reaffirmed a “neutral” rating and issued a $437.00 price objective (down from $465.00) on shares of TopBuild in a research report on Wednesday, May 6th. UBS Group set a $440.00 price target on TopBuild in a research report on Wednesday, May 6th. Wells Fargo & Company decreased their price target on shares of TopBuild from $525.00 to $475.00 and set an “overweight” rating for the company in a research note on Wednesday, April 8th. Royal Bank Of Canada lifted their price objective on shares of TopBuild from $410.00 to $433.00 and gave the company a “sector perform” rating in a report on Friday, February 27th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $496.00 price objective (up from $487.00) on shares of TopBuild in a research report on Tuesday, April 21st.

Institutional Trading of TopBuild

Several large investors have recently bought and sold shares of BLD. Greenleaf Trust raised its stake in TopBuild by 1.8% during the fourth quarter. Greenleaf Trust now owns 1,214 shares of the construction company’s stock worth $506,000 after acquiring an additional 22 shares in the last quarter. Root Financial Partners LLC boosted its stake in shares of TopBuild by 25.3% in the 4th quarter. Root Financial Partners LLC now owns 109 shares of the construction company’s stock valued at $45,000 after purchasing an additional 22 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of TopBuild by 6.1% during the 4th quarter. UMB Bank n.a. now owns 384 shares of the construction company’s stock valued at $160,000 after purchasing an additional 22 shares during the last quarter. Bessemer Group Inc. increased its position in TopBuild by 7.9% during the 1st quarter. Bessemer Group Inc. now owns 328 shares of the construction company’s stock worth $115,000 after purchasing an additional 24 shares in the last quarter. Finally, Kera Capital Partners Inc. increased its position in TopBuild by 3.3% during the 1st quarter. Kera Capital Partners Inc. now owns 789 shares of the construction company’s stock worth $277,000 after purchasing an additional 25 shares in the last quarter. 95.67% of the stock is owned by institutional investors and hedge funds.

TopBuild Stock Performance

BLD stock opened at $415.52 on Thursday. TopBuild has a 1-year low of $316.43 and a 1-year high of $559.47. The company has a current ratio of 2.00, a quick ratio of 1.41 and a debt-to-equity ratio of 1.16. The firm has a market cap of $11.64 billion, a PE ratio of 23.34, a P/E/G ratio of 5.52 and a beta of 1.80. The business’s 50-day moving average price is $419.52 and its two-hundred day moving average price is $431.48.

TopBuild (NYSE:BLD) last released its quarterly earnings results on Tuesday, May 5th. The construction company reported $3.75 EPS for the quarter, topping analysts’ consensus estimates of $3.64 by $0.11. TopBuild had a return on equity of 23.53% and a net margin of 8.95%.The company had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter last year, the firm posted $4.63 earnings per share. TopBuild’s revenue was up 17.2% compared to the same quarter last year. As a group, research analysts forecast that TopBuild will post 18.07 earnings per share for the current year.

TopBuild Company Profile

TopBuild Corp. (NYSE: BLD) is a leading installer and distributor of insulation and building material products serving primarily the U.S. construction market. Headquartered in Daytona Beach, Florida, the company was formed in 2011 as a spin-off from ABF Freight System and has since grown through a combination of organic expansion and targeted acquisitions. TopBuild’s core mission is to enhance energy efficiency and comfort in new residential and light commercial construction projects by providing comprehensive insulation solutions and related services.

The company operates through two main segments.