TopBuild Corp. (NYSE:BLD) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• TopBuild Corp. has received an average consensus rating of "Moderate Buy" from thirteen analysts, with various ratings ranging from hold to strong buy.
• The company's recent quarterly earnings report showed $5.31 earnings per share, exceeding analysts' expectations of $5.07, despite a 5% decline in revenue year-over-year.
• Insider trading activity includes significant sales by key executives, with CEO Robert M. Buck selling 7,350 shares valued at over $3 million on August 7th.

TopBuild Corp. (NYSE:BLD - Get Free Report) has been given a consensus rating of "Moderate Buy" by the thirteen analysts that are covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $394.6667.

Several equities analysts recently weighed in on the stock. Benchmark raised their target price on shares of TopBuild from $375.00 to $444.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Evercore ISI raised their target price on shares of TopBuild from $347.00 to $418.00 and gave the company an "in-line" rating in a research note on Wednesday, August 6th. JPMorgan Chase & Co. raised their target price on shares of TopBuild from $344.00 to $398.00 and gave the company an "overweight" rating in a research note on Wednesday, July 9th. UBS Group set a $370.00 target price on shares of TopBuild and gave the company a "hold" rating in a research note on Tuesday, August 5th. Finally, Loop Capital raised their target price on shares of TopBuild from $360.00 to $400.00 and gave the company a "buy" rating in a research note on Wednesday, July 9th.

TopBuild Price Performance

Shares of NYSE BLD traded down $5.66 during midday trading on Tuesday, reaching $413.23. The stock had a trading volume of 631,603 shares, compared to its average volume of 299,961. The stock has a 50-day moving average of $406.62 and a 200-day moving average of $339.22. The company has a debt-to-equity ratio of 0.86, a quick ratio of 2.29 and a current ratio of 2.83. The company has a market capitalization of $11.63 billion, a price-to-earnings ratio of 20.35, a price-to-earnings-growth ratio of 5.60 and a beta of 1.61. TopBuild has a 12-month low of $266.26 and a 12-month high of $445.74.

TopBuild (NYSE:BLD - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The construction company reported $5.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.07 by $0.24. The firm had revenue of $1.30 billion during the quarter, compared to analysts' expectations of $1.30 billion. TopBuild had a net margin of 11.40% and a return on equity of 28.32%. The company's revenue for the quarter was down 5.0% compared to the same quarter last year. During the same period in the prior year, the company posted $5.42 earnings per share. TopBuild has set its FY 2025 guidance at EPS. As a group, research analysts anticipate that TopBuild will post 20.97 EPS for the current fiscal year.

Insider Buying and Selling at TopBuild

In other TopBuild news, CFO Robert M. Kuhns sold 2,000 shares of the stock in a transaction on Friday, August 8th. The shares were sold at an average price of $416.10, for a total transaction of $832,200.00. Following the completion of the transaction, the chief financial officer owned 15,633 shares in the company, valued at $6,504,891.30. This trade represents a 11.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Robert M. Buck sold 7,350 shares of the stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $415.19, for a total transaction of $3,051,646.50. Following the transaction, the chief executive officer owned 73,225 shares of the company's stock, valued at $30,402,287.75. This trade represents a 9.12% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,663 shares of company stock worth $5,709,488 over the last three months. 0.43% of the stock is owned by company insiders.

Hedge Funds Weigh In On TopBuild

Several institutional investors have recently bought and sold shares of BLD. SVB Wealth LLC bought a new position in TopBuild during the first quarter valued at $35,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in TopBuild during the second quarter valued at $35,000. MAI Capital Management lifted its holdings in shares of TopBuild by 28.3% in the 2nd quarter. MAI Capital Management now owns 118 shares of the construction company's stock worth $38,000 after acquiring an additional 26 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of TopBuild by 111.5% in the 1st quarter. Parallel Advisors LLC now owns 129 shares of the construction company's stock worth $39,000 after acquiring an additional 68 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of TopBuild by 100.0% in the 2nd quarter. Smartleaf Asset Management LLC now owns 146 shares of the construction company's stock worth $47,000 after acquiring an additional 73 shares during the last quarter. 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.