TopBuild Corp. (NYSE:BLD) Receives $403.88 Consensus PT from Analysts

Shares of TopBuild Corp. (NYSE:BLD) have received an average recommendation of “Moderate Buy” from the eight research firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $403.88.

A number of analysts recently issued reports on BLD shares. Truist Financial lowered their target price on TopBuild from $395.00 to $310.00 and set a “hold” rating on the stock in a research report on Thursday, February 27th. Evercore ISI lowered TopBuild from an “outperform” rating to an “inline” rating and lowered their price target for the stock from $443.00 to $381.00 in a research report on Monday, December 16th. StockNews.com cut shares of TopBuild from a “buy” rating to a “hold” rating in a report on Wednesday, February 26th. Seaport Res Ptn downgraded shares of TopBuild from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 13th. Finally, Loop Capital lowered their price target on TopBuild from $405.00 to $390.00 and set a “buy” rating on the stock in a research report on Thursday, February 27th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BLD. Park Square Financial Group LLC bought a new stake in shares of TopBuild during the fourth quarter worth approximately $111,000. Amiral Gestion bought a new stake in TopBuild in the 4th quarter valued at $486,000. Toronto Dominion Bank boosted its stake in TopBuild by 62.8% in the 4th quarter. Toronto Dominion Bank now owns 3,436 shares of the construction company’s stock valued at $1,069,000 after purchasing an additional 1,326 shares during the period. GTS Securities LLC acquired a new position in TopBuild in the 4th quarter valued at $268,000. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp bought a new position in TopBuild during the 4th quarter worth $16,623,000. 95.67% of the stock is owned by institutional investors.

TopBuild Trading Down 0.2 %

NYSE:BLD opened at $311.34 on Tuesday. The company has a market cap of $9.11 billion, a P/E ratio of 15.71, a price-to-earnings-growth ratio of 1.82 and a beta of 1.89. TopBuild has a twelve month low of $288.31 and a twelve month high of $495.68. The business has a 50 day moving average price of $320.73 and a two-hundred day moving average price of $349.70. The company has a quick ratio of 1.49, a current ratio of 2.01 and a debt-to-equity ratio of 0.64.

TopBuild (NYSE:BLD) last announced its earnings results on Tuesday, February 25th. The construction company reported $5.13 EPS for the quarter, topping the consensus estimate of $5.07 by $0.06. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same quarter in the prior year, the company posted $4.69 earnings per share. The firm’s revenue was up 2.0% on a year-over-year basis. As a group, analysts expect that TopBuild will post 20.97 EPS for the current fiscal year.

About TopBuild

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.