FY2025 EPS Estimates for TopBuild Lowered by Zacks Research

TopBuild Corp. (NYSE:BLD) – Zacks Research decreased their FY2025 earnings per share (EPS) estimates for shares of TopBuild in a research note issued to investors on Monday, March 10th. Zacks Research analyst S. Mukherjee now forecasts that the construction company will post earnings per share of $20.76 for the year, down from their previous forecast of $22.18. The consensus estimate for TopBuild’s current full-year earnings is $20.97 per share.

TopBuild (NYSE:BLD) last released its quarterly earnings data on Tuesday, February 25th. The construction company reported $5.13 earnings per share for the quarter, topping the consensus estimate of $5.07 by $0.06. The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.31 billion. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The company’s revenue was up 2.0% compared to the same quarter last year. During the same period last year, the company posted $4.69 EPS.

Other analysts have also recently issued research reports about the company. StockNews.com cut TopBuild from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Benchmark decreased their target price on TopBuild from $445.00 to $375.00 and set a “buy” rating for the company in a research report on Monday, March 3rd. Loop Capital decreased their target price on TopBuild from $405.00 to $390.00 and set a “buy” rating for the company in a research report on Thursday, February 27th. The Goldman Sachs Group decreased their target price on TopBuild from $475.00 to $410.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Finally, Seaport Res Ptn cut TopBuild from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 13th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $411.78.

TopBuild Stock Performance

BLD opened at $295.10 on Thursday. The firm has a market cap of $8.63 billion, a PE ratio of 14.89, a P/E/G ratio of 1.82 and a beta of 1.89. The company has a quick ratio of 1.49, a current ratio of 2.01 and a debt-to-equity ratio of 0.64. The business has a fifty day simple moving average of $324.53 and a 200-day simple moving average of $355.40. TopBuild has a fifty-two week low of $288.31 and a fifty-two week high of $495.68.

Hedge Funds Weigh In On TopBuild

Several institutional investors have recently bought and sold shares of the stock. CIBC Asset Management Inc raised its holdings in TopBuild by 3.6% during the third quarter. CIBC Asset Management Inc now owns 919 shares of the construction company’s stock valued at $374,000 after buying an additional 32 shares in the last quarter. Sheaff Brock Investment Advisors LLC raised its holdings in TopBuild by 0.6% during the third quarter. Sheaff Brock Investment Advisors LLC now owns 5,360 shares of the construction company’s stock valued at $2,181,000 after buying an additional 33 shares in the last quarter. Snowden Capital Advisors LLC raised its holdings in TopBuild by 2.5% during the fourth quarter. Snowden Capital Advisors LLC now owns 1,377 shares of the construction company’s stock valued at $429,000 after buying an additional 33 shares in the last quarter. Atlanta Consulting Group Advisors LLC raised its holdings in TopBuild by 1.5% during the third quarter. Atlanta Consulting Group Advisors LLC now owns 2,699 shares of the construction company’s stock valued at $1,098,000 after buying an additional 39 shares in the last quarter. Finally, Pathstone Holdings LLC raised its holdings in TopBuild by 1.0% during the third quarter. Pathstone Holdings LLC now owns 4,208 shares of the construction company’s stock valued at $1,712,000 after buying an additional 41 shares in the last quarter. 95.67% of the stock is currently owned by institutional investors.

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.