TopBuild Corp. (NYSE:BLD) – Equities research analysts at Seaport Global Securities lowered their Q4 2017 earnings per share (EPS) estimates for shares of TopBuild in a research note issued to investors on Tuesday. Seaport Global Securities analyst M. Mccall now anticipates that the construction company will post earnings of $0.80 per share for the quarter, down from their prior estimate of $0.81. Seaport Global Securities also issued estimates for TopBuild’s Q2 2018 earnings at $0.84 EPS, Q3 2018 earnings at $1.01 EPS, Q4 2018 earnings at $0.98 EPS, FY2018 earnings at $3.40 EPS and FY2019 earnings at $4.00 EPS.

A number of other equities research analysts also recently weighed in on the company. KeyCorp restated an “overweight” rating on shares of TopBuild in a research report on Friday, November 10th. Zacks Investment Research upgraded TopBuild from a “hold” rating to a “strong-buy” rating and set a $67.00 target price for the company in a research report on Thursday, August 10th. ValuEngine downgraded TopBuild from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. SunTrust Banks restated a “buy” rating and set a $75.00 target price on shares of TopBuild in a research report on Wednesday, October 4th. Finally, Nomura boosted their target price on TopBuild from $58.00 to $61.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 8th. Four research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. TopBuild presently has an average rating of “Buy” and a consensus price target of $60.67.

TopBuild (NYSE:BLD) opened at $66.12 on Wednesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.36 and a quick ratio of 1.02. The company has a market capitalization of $2,421.18, a price-to-earnings ratio of 26.69 and a beta of 0.61. TopBuild has a one year low of $35.31 and a one year high of $69.34.

TopBuild (NYSE:BLD) last posted its quarterly earnings data on Tuesday, November 7th. The construction company reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.01. The company had revenue of $489.04 million for the quarter, compared to analyst estimates of $491.43 million. TopBuild had a return on equity of 9.88% and a net margin of 4.03%. The business’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.63 earnings per share.

Hedge funds have recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC increased its holdings in TopBuild by 1.5% in the second quarter. Cubist Systematic Strategies LLC now owns 11,193 shares of the construction company’s stock valued at $594,000 after purchasing an additional 162 shares during the last quarter. Victory Capital Management Inc. increased its holdings in TopBuild by 17.7% in the second quarter. Victory Capital Management Inc. now owns 3,966 shares of the construction company’s stock valued at $210,000 after purchasing an additional 596 shares during the last quarter. Profund Advisors LLC increased its holdings in TopBuild by 9.1% in the second quarter. Profund Advisors LLC now owns 7,195 shares of the construction company’s stock valued at $382,000 after purchasing an additional 600 shares during the last quarter. Hosking Partners LLP increased its holdings in TopBuild by 1.7% in the second quarter. Hosking Partners LLP now owns 37,936 shares of the construction company’s stock valued at $2,013,000 after purchasing an additional 626 shares during the last quarter. Finally, Flinton Capital Management LLC increased its holdings in TopBuild by 66.2% in the second quarter. Flinton Capital Management LLC now owns 1,888 shares of the construction company’s stock valued at $100,000 after purchasing an additional 752 shares during the last quarter. Institutional investors own 94.93% of the company’s stock.

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About TopBuild

TopBuild Corp. installs and distributes insulation products to the United States construction industry. The Company operates through two segments: Installation (TruTeam) and Distribution (Service Partners). Its Installation segment principally includes the sales and installation of insulation and other building products.

Earnings History and Estimates for TopBuild (NYSE:BLD)

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