FY2025 Earnings Estimate for TopBuild Issued By DA Davidson

TopBuild Corp. (NYSE:BLD) – Equities research analysts at DA Davidson lowered their FY2025 earnings estimates for shares of TopBuild in a research report issued to clients and investors on Thursday, March 6th. DA Davidson analyst K. Yinger now forecasts that the construction company will earn $19.78 per share for the year, down from their previous forecast of $22.85. The consensus estimate for TopBuild’s current full-year earnings is $20.97 per share.

TopBuild (NYSE:BLD) last released its quarterly earnings data on Tuesday, February 25th. The construction company reported $5.13 EPS for the quarter, beating analysts’ consensus estimates of $5.07 by $0.06. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.31 billion. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. TopBuild’s quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.69 EPS.

Several other analysts have also recently weighed in on BLD. Loop Capital dropped their price target on shares of TopBuild from $405.00 to $390.00 and set a “buy” rating for the company in a research note on Thursday, February 27th. Truist Financial decreased their price target on shares of TopBuild from $395.00 to $310.00 and set a “hold” rating for the company in a research report on Thursday, February 27th. The Goldman Sachs Group decreased their price target on shares of TopBuild from $475.00 to $410.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. StockNews.com cut shares of TopBuild from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Finally, Evercore ISI lowered shares of TopBuild from an “outperform” rating to an “inline” rating and reduced their price objective for the company from $443.00 to $381.00 in a report on Monday, December 16th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $411.78.

TopBuild Stock Up 0.5 %

BLD stock opened at $309.57 on Monday. The firm has a 50-day moving average of $324.97 and a two-hundred day moving average of $356.56. TopBuild has a 12 month low of $288.31 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. The company has a market cap of $9.05 billion, a price-to-earnings ratio of 15.62, a PEG ratio of 1.82 and a beta of 1.89.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Winch Advisory Services LLC purchased a new stake in shares of TopBuild in the fourth quarter valued at about $26,000. Versant Capital Management Inc raised its position in TopBuild by 327.3% during the fourth quarter. Versant Capital Management Inc now owns 94 shares of the construction company’s stock worth $29,000 after acquiring an additional 72 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in TopBuild during the third quarter worth about $31,000. V Square Quantitative Management LLC raised its position in TopBuild by 55.3% during the fourth quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company’s stock worth $37,000 after acquiring an additional 42 shares during the last quarter. Finally, Kennebec Savings Bank acquired a new position in TopBuild during the third quarter worth about $45,000. 95.67% of the stock is currently owned by institutional investors and hedge funds.

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.