Equities research analysts forecast that TopBuild Corp. (NYSE:BLD) will report sales of $493.53 million for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for TopBuild’s earnings, with estimates ranging from $486.20 million to $505.00 million. TopBuild posted sales of $444.14 million during the same quarter last year, which suggests a positive year over year growth rate of 11.1%. The company is scheduled to announce its next quarterly earnings report on Tuesday, February 27th.

On average, analysts expect that TopBuild will report full year sales of $493.53 million for the current fiscal year, with estimates ranging from $1.89 billion to $1.91 billion. For the next fiscal year, analysts forecast that the firm will report sales of $2.07 billion per share, with estimates ranging from $2.06 billion to $2.07 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that cover TopBuild.

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

Several research firms have recently weighed in on BLD. Jefferies Group began coverage on shares of TopBuild in a research note on Tuesday. They set a “buy” rating and a $79.00 price target for the company. ValuEngine downgraded shares of TopBuild from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. KeyCorp reaffirmed an “overweight” rating on shares of TopBuild in a research note on Friday, November 10th. Nomura lifted their price target on shares of TopBuild from $58.00 to $61.00 and gave the company a “neutral” rating in a research note on Wednesday, November 8th. Finally, SunTrust Banks reaffirmed a “buy” rating and set a $75.00 price target on shares of TopBuild in a research note on Wednesday, October 4th. Four analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $63.29.

TopBuild (BLD) traded up $1.83 during trading on Thursday, hitting $67.11. 326,799 shares of the stock traded hands, compared to its average volume of 250,518. The company has a quick ratio of 1.02, a current ratio of 1.36 and a debt-to-equity ratio of 0.26. TopBuild has a 1 year low of $35.31 and a 1 year high of $69.34. The company has a market capitalization of $2,321.20, a P/E ratio of 25.58 and a beta of 0.61.

Large investors have recently modified their holdings of the stock. Strs Ohio acquired a new position in shares of TopBuild during the second quarter worth $440,000. Great West Life Assurance Co. Can increased its position in shares of TopBuild by 1.9% during the second quarter. Great West Life Assurance Co. Can now owns 53,893 shares of the construction company’s stock worth $2,858,000 after purchasing an additional 981 shares in the last quarter. Daiwa Securities Group Inc. acquired a new position in shares of TopBuild during the second quarter worth $111,000. Schwab Charles Investment Management Inc. increased its position in shares of TopBuild by 11.9% during the second quarter. Schwab Charles Investment Management Inc. now owns 179,146 shares of the construction company’s stock worth $9,508,000 after purchasing an additional 19,007 shares in the last quarter. Finally, First Mercantile Trust Co. acquired a new position in shares of TopBuild during the second quarter worth $213,000. 94.93% of the stock is owned by institutional investors.

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TopBuild Company Profile

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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