Equities analysts expect TopBuild Corp. (NYSE:BLD) to post $0.82 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for TopBuild’s earnings, with estimates ranging from $0.80 to $0.85. TopBuild posted earnings per share of $0.59 during the same quarter last year, which suggests a positive year-over-year growth rate of 39%. The company is expected to announce its next quarterly earnings report on Tuesday, February 27th.

On average, analysts expect that TopBuild will report full year earnings of $2.74 per share for the current financial year, with EPS estimates ranging from $2.68 to $2.80. For the next year, analysts forecast that the company will report earnings of $3.46 per share, with EPS estimates ranging from $3.37 to $3.58. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow TopBuild.

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

A number of brokerages have recently commented on BLD. ValuEngine cut TopBuild from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. SunTrust Banks reaffirmed a “buy” rating and set a $75.00 price target on shares of TopBuild in a research report on Wednesday, October 4th. KeyCorp reaffirmed an “overweight” rating on shares of TopBuild in a research report on Friday, November 10th. Nomura upped their price target on TopBuild from $58.00 to $61.00 and gave the company a “neutral” rating in a research report on Wednesday, November 8th. Finally, BidaskClub cut TopBuild from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 25th. Four equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. TopBuild has a consensus rating of “Buy” and a consensus price target of $60.67.

TopBuild (BLD) opened at $64.55 on Tuesday. TopBuild has a 1 year low of $35.31 and a 1 year high of $69.34. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.02 and a current ratio of 1.36. The company has a market capitalization of $2,319.42, a price-to-earnings ratio of 25.57 and a beta of 0.61.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Cubist Systematic Strategies LLC increased its position in shares of TopBuild by 1.5% during the 2nd 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 position in shares of TopBuild by 17.7% during the 2nd 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 position in shares of TopBuild by 9.1% during the 2nd 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 position in shares of TopBuild by 1.7% during the 2nd 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 position in shares of TopBuild by 66.2% during the 2nd 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 and hedge funds 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.

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Earnings History and Estimates for TopBuild (NYSE:BLD)

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