FY2025 Earnings Estimate for TopBuild Issued By DA Davidson

TopBuild Corp. (NYSE:BLD) – Equities researchers at DA Davidson cut their FY2025 earnings estimates for TopBuild in a research note issued to investors on Thursday, March 6th. DA Davidson analyst K. Yinger now expects that the construction company will post earnings of $19.78 per share for the year, down from their prior estimate of $22.85. The consensus estimate for TopBuild’s current full-year earnings is $20.97 per share.

TopBuild (NYSE:BLD) last issued its earnings results on Tuesday, February 25th. The construction company reported $5.13 earnings per share for the quarter, topping analysts’ consensus estimates of $5.07 by $0.06. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the previous year, the company earned $4.69 earnings per share. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis.

BLD has been the subject of a number of other reports. Loop Capital reduced their price objective on shares of TopBuild from $405.00 to $390.00 and set a “buy” rating for the company in a research report on Thursday, February 27th. StockNews.com cut shares of TopBuild from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Evercore ISI cut shares of TopBuild from an “outperform” rating to an “inline” rating and reduced their price objective for the stock from $443.00 to $381.00 in a research report on Monday, December 16th. Benchmark reduced their price objective on shares of TopBuild from $445.00 to $375.00 and set a “buy” rating for the company in a research report on Monday, March 3rd. Finally, The Goldman Sachs Group reduced their target price on shares of TopBuild from $475.00 to $410.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, TopBuild has a consensus rating of “Moderate Buy” and an average price target of $411.78.

TopBuild Trading Up 1.0 %

BLD stock opened at $308.51 on Monday. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.01 and a quick ratio of 1.49. The company has a fifty day moving average price of $325.00 and a two-hundred day moving average price of $357.09. TopBuild has a one year low of $288.31 and a one year high of $495.68. The stock has a market cap of $9.02 billion, a price-to-earnings ratio of 15.57, a price-to-earnings-growth ratio of 1.82 and a beta of 1.89.

Institutional Investors Weigh In On TopBuild

Institutional investors and hedge funds have recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in TopBuild during the third quarter worth about $31,000. Winch Advisory Services LLC bought a new stake in TopBuild during the fourth quarter worth about $26,000. Versant Capital Management Inc lifted its position in TopBuild by 327.3% during the fourth quarter. Versant Capital Management Inc now owns 94 shares of the construction company’s stock worth $29,000 after purchasing an additional 72 shares during the period. Quantbot Technologies LP bought a new stake in TopBuild during the third quarter worth about $45,000. Finally, Kennebec Savings Bank bought a new stake in TopBuild during the third quarter worth about $45,000. Institutional investors own 95.67% of the company’s stock.

TopBuild Company Profile

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.