TopBuild Corp. (NYSE:BLD) Receives Consensus Rating of “Moderate Buy” from Brokerages

TopBuild Corp. (NYSE:BLD) has earned an average recommendation of “Moderate Buy” from the sixteen brokerages that are presently covering the company, Marketbeat.com reports. Six analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $429.9971.

Several equities research analysts recently commented on the company. UBS Group set a $370.00 price objective on TopBuild and gave the company a “hold” rating in a research report on Tuesday, August 5th. Royal Bank Of Canada began coverage on shares of TopBuild in a research note on Thursday, November 20th. They set a “sector perform” rating and a $410.00 target price on the stock. Benchmark raised their price target on shares of TopBuild from $444.00 to $515.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Vertical Research began coverage on shares of TopBuild in a research note on Tuesday, October 21st. They issued a “buy” rating and a $517.96 price target for the company. Finally, The Goldman Sachs Group increased their price objective on shares of TopBuild from $450.00 to $510.00 and gave the company a “buy” rating in a research report on Thursday, October 9th.

Insider Buying and Selling at TopBuild

In other news, VP Luis Francisco Machado sold 1,000 shares of the stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $450.40, for a total transaction of $450,400.00. Following the transaction, the vice president directly owned 9,349 shares of the company’s stock, valued at $4,210,789.60. This represents a 9.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.43% of the stock is owned by insiders.

Institutional Trading of TopBuild

A number of hedge funds have recently bought and sold shares of BLD. Advisory Services Network LLC purchased a new position in TopBuild in the third quarter worth about $27,000. Root Financial Partners LLC bought a new position in shares of TopBuild in the 3rd quarter worth approximately $34,000. SJS Investment Consulting Inc. boosted its holdings in shares of TopBuild by 3,433.3% in the third quarter. SJS Investment Consulting Inc. now owns 106 shares of the construction company’s stock worth $41,000 after buying an additional 103 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new stake in TopBuild during the second quarter valued at approximately $35,000. Finally, Smithfield Trust Co increased its holdings in TopBuild by 58.6% during the third quarter. Smithfield Trust Co now owns 111 shares of the construction company’s stock valued at $44,000 after buying an additional 41 shares during the last quarter. Hedge funds and other institutional investors own 95.67% of the company’s stock.

TopBuild Price Performance

Shares of BLD opened at $452.63 on Friday. TopBuild has a twelve month low of $266.26 and a twelve month high of $461.49. The company has a market capitalization of $12.71 billion, a P/E ratio of 22.98, a price-to-earnings-growth ratio of 7.55 and a beta of 1.64. The firm has a 50 day moving average of $422.81 and a 200 day moving average of $383.67. The company has a quick ratio of 2.45, a current ratio of 2.90 and a debt-to-equity ratio of 1.26.

TopBuild (NYSE:BLD) last issued its earnings results on Tuesday, November 4th. The construction company reported $5.36 EPS for the quarter, beating the consensus estimate of $5.22 by $0.14. The business had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.38 billion. TopBuild had a return on equity of 27.10% and a net margin of 10.84%.The company’s revenue was up 1.4% compared to the same quarter last year. During the same period last year, the business posted $5.68 EPS. TopBuild has set its FY 2025 guidance at EPS. As a group, equities research analysts anticipate that TopBuild will post 20.97 earnings per share for the current fiscal year.

About TopBuild

TopBuild Corp., together with its subsidiaries, engages in the installation and distribution of insulation and other building material products to the construction industry. The company operates in two segments, Installation and Specialty Distribution. It provides insulation products and accessories, glass and windows, rain gutters, garage doors, fireplaces, roofing materials, closet shelving, and other products.