TopBuild FY2025 EPS Forecast Increased by Seaport Res Ptn

TopBuild Corp. (NYSE:BLD) – Analysts at Seaport Res Ptn upped their FY2025 EPS estimates for TopBuild in a research report issued to clients and investors on Tuesday, May 6th. Seaport Res Ptn analyst K. Zener now anticipates that the construction company will post earnings per share of $20.20 for the year, up from their prior forecast of $19.38. The consensus estimate for TopBuild’s current full-year earnings is $20.97 per share.

Several other brokerages also recently weighed in on BLD. Benchmark lowered their price objective on TopBuild from $445.00 to $375.00 and set a “buy” rating for the company in a research report on Monday, March 3rd. Deutsche Bank Aktiengesellschaft initiated coverage on shares of TopBuild in a report on Tuesday, April 1st. They set a “buy” rating and a $356.00 price target for the company. The Goldman Sachs Group cut their price target on shares of TopBuild from $475.00 to $410.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. StockNews.com downgraded shares of TopBuild from a “buy” rating to a “hold” rating in a research note on Wednesday, February 26th. Finally, DA Davidson cut their target price on TopBuild from $435.00 to $395.00 and set a “buy” rating on the stock in a research note on Thursday. Four analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $380.22.

TopBuild Trading Up 1.6 %

NYSE BLD opened at $295.71 on Friday. The stock has a 50-day moving average of $296.74 and a 200-day moving average of $326.45. The company has a current ratio of 2.01, a quick ratio of 1.49 and a debt-to-equity ratio of 0.64. TopBuild has a 1-year low of $266.26 and a 1-year high of $495.68. The firm has a market cap of $8.65 billion, a PE ratio of 14.92, a price-to-earnings-growth ratio of 1.82 and a beta of 1.72.

TopBuild (NYSE:BLD) last issued its earnings results on Tuesday, May 6th. The construction company reported $4.63 EPS for the quarter, topping analysts’ consensus estimates of $4.43 by $0.20. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The company had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter last year, the company earned $4.81 EPS. The firm’s revenue was down 3.6% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. World Investment Advisors LLC bought a new stake in shares of TopBuild during the third quarter valued at approximately $54,000. Wilmington Savings Fund Society FSB bought a new stake in shares of TopBuild during the 3rd quarter valued at $31,000. Nordea Investment Management AB grew its position in shares of TopBuild by 4.1% in the 4th quarter. Nordea Investment Management AB now owns 34,506 shares of the construction company’s stock worth $10,707,000 after buying an additional 1,352 shares during the period. TT International Asset Management LTD increased its stake in shares of TopBuild by 33.3% in the 4th quarter. TT International Asset Management LTD now owns 18,781 shares of the construction company’s stock worth $5,847,000 after acquiring an additional 4,694 shares in the last quarter. Finally, Miracle Mile Advisors LLC purchased a new position in TopBuild during the 4th quarter valued at about $475,000. Hedge funds and other institutional investors own 95.67% of the company’s stock.

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.