Shares of Continental Building Products Inc (NYSE:CBPX) have been given a consensus recommendation of “Buy” by the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $30.25.

A number of analysts have commented on the stock. Barclays raised shares of Continental Building Products from an “equal weight” rating to an “overweight” rating and set a $33.00 price objective for the company in a research note on Friday. SunTrust Banks reaffirmed a “buy” rating and set a $30.00 price objective on shares of Continental Building Products in a research note on Monday, October 2nd. Zacks Investment Research lowered shares of Continental Building Products from a “hold” rating to a “sell” rating in a research note on Tuesday. BidaskClub raised shares of Continental Building Products from a “hold” rating to a “buy” rating in a research note on Friday, November 3rd. Finally, Royal Bank of Canada reaffirmed a “buy” rating and set a $30.00 price objective on shares of Continental Building Products in a research note on Wednesday, November 15th.

Shares of Continental Building Products (CBPX) opened at $28.45 on Friday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 2.46 and a current ratio of 3.11. Continental Building Products has a 52 week low of $21.00 and a 52 week high of $28.70. The company has a market cap of $1,067.33, a PE ratio of 23.13 and a beta of 1.28.

Continental Building Products (NYSE:CBPX) last posted its quarterly earnings data on Thursday, November 9th. The construction company reported $0.29 EPS for the quarter, meeting analysts’ consensus estimates of $0.29. Continental Building Products had a net margin of 10.13% and a return on equity of 15.80%. The company had revenue of $116.50 million during the quarter, compared to analyst estimates of $121.08 million. During the same period in the prior year, the firm earned $0.25 earnings per share. The business’s quarterly revenue was up 1.7% on a year-over-year basis. equities research analysts predict that Continental Building Products will post 1.24 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Continental Building Products by 2.0% in the second quarter. Vanguard Group Inc. now owns 4,224,374 shares of the construction company’s stock worth $98,427,000 after purchasing an additional 81,728 shares in the last quarter. Macquarie Group Ltd. lifted its position in shares of Continental Building Products by 9.4% in the third quarter. Macquarie Group Ltd. now owns 2,097,989 shares of the construction company’s stock worth $54,548,000 after purchasing an additional 180,218 shares in the last quarter. Brown Advisory Inc. lifted its position in shares of Continental Building Products by 18.2% in the third quarter. Brown Advisory Inc. now owns 1,720,709 shares of the construction company’s stock worth $44,738,000 after purchasing an additional 265,383 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Continental Building Products by 4.6% in the third quarter. Dimensional Fund Advisors LP now owns 1,512,239 shares of the construction company’s stock worth $39,318,000 after purchasing an additional 66,397 shares in the last quarter. Finally, Systematic Financial Management LP lifted its position in shares of Continental Building Products by 4.2% in the third quarter. Systematic Financial Management LP now owns 941,380 shares of the construction company’s stock worth $24,476,000 after purchasing an additional 38,259 shares in the last quarter. 99.56% of the stock is owned by institutional investors and hedge funds.

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Continental Building Products Company Profile

Continental Building Products, Inc is a manufacturer of gypsum wallboard and complementary finishing products. The Company operates through wallboard segment. Gypsum wallboard is a primary building material used in residential and commercial construction and in repair and remodel (R&R). It offers customers a range of gypsum wallboard products, including LiftLite, its lightweight product designed to lift and install; its Mold Defense line of products designed for protection against mold and mildew, and its Weather Defense line of moisture and mold-resistant exterior sheathing.

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