TopBuild Corp. (NYSE:BLD) – Jefferies Group issued their FY2017 earnings per share (EPS) estimates for shares of TopBuild in a report released on Tuesday. Jefferies Group analyst P. Ng anticipates that the construction company will post earnings per share of $2.73 for the year. Jefferies Group has a “Buy” rating and a $79.00 price objective on the stock. Jefferies Group also issued estimates for TopBuild’s Q4 2017 earnings at $0.78 EPS, Q1 2018 earnings at $0.62 EPS, Q2 2018 earnings at $0.86 EPS, Q3 2018 earnings at $1.04 EPS, Q4 2018 earnings at $0.97 EPS, FY2018 earnings at $3.49 EPS and FY2019 earnings at $4.32 EPS.

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

A number of other analysts have also recently commented on the company. ValuEngine cut TopBuild from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. KeyCorp reiterated an “overweight” rating on shares of TopBuild in a research report on Friday, November 10th. Nomura upped their price objective on TopBuild from $58.00 to $61.00 and gave the company a “neutral” rating in a research report on Wednesday, November 8th. SunTrust Banks reiterated a “buy” rating and set a $75.00 price objective on shares of TopBuild in a research report on Wednesday, October 4th. Finally, BidaskClub lowered TopBuild from a “strong-buy” rating to a “buy” rating in a report on Friday, August 25th. Four analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $63.29.

Shares of TopBuild (NYSE:BLD) opened at $65.28 on Thursday. The company has a market capitalization of $2,321.20, a price-to-earnings ratio of 25.58 and a beta of 0.61. The company has a current ratio of 1.36, a quick ratio of 1.02 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.

A number of large investors have recently added to or reduced their stakes in BLD. Strs Ohio bought a new stake in TopBuild during the second quarter valued at about $440,000. Great West Life Assurance Co. Can grew its holdings in 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 valued at $2,858,000 after purchasing an additional 981 shares during the period. Daiwa Securities Group Inc. bought a new stake in TopBuild during the second quarter valued at about $111,000. Schwab Charles Investment Management Inc. grew its holdings in TopBuild by 11.9% during the second quarter. Schwab Charles Investment Management Inc. now owns 179,146 shares of the construction company’s stock valued at $9,508,000 after purchasing an additional 19,007 shares during the period. Finally, First Mercantile Trust Co. bought a new stake in TopBuild during the second quarter valued at about $213,000. 94.93% of the stock is owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION WARNING: “Brokers Offer Predictions for TopBuild Corp.’s FY2017 Earnings (BLD)” was published by American Banking News and is owned by of American Banking News. If you are reading this report on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright law. The correct version of this report can be read at https://www.americanbankingnews.com/2017/12/14/brokers-offer-predictions-for-topbuild-corp-s-fy2017-earnings-bld.html.

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.

Earnings History and Estimates for TopBuild (NYSE:BLD)

Receive News & Ratings for TopBuild Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TopBuild and related companies with MarketBeat.com's FREE daily email newsletter.