TopBuild Corp. (NYSE:BLD) Given Average Rating of "Moderate Buy" by Analysts

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.

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

A number of research analysts have recently commented on BLD shares. Benchmark boosted their price target on shares of TopBuild from $375.00 to $444.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Evercore ISI boosted their price target on shares of TopBuild from $347.00 to $418.00 and gave the company an "in-line" rating in a research report on Wednesday, August 6th. Loop Capital boosted their price target on shares of TopBuild from $360.00 to $400.00 and gave the company a "buy" rating in a research report on Wednesday, July 9th. UBS Group set a $370.00 price target on shares of TopBuild and gave the company a "hold" rating in a research report on Tuesday, August 5th. Finally, Seaport Res Ptn upgraded shares of TopBuild from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 6th.

TopBuild Trading Down 0.6%

NYSE:BLD opened at $414.76 on Tuesday. TopBuild has a 12 month low of $266.26 and a 12 month high of $445.74. The stock has a market capitalization of $11.67 billion, a PE ratio of 20.42, a price-to-earnings-growth ratio of 5.58 and a beta of 1.61. The company has a current ratio of 2.83, a quick ratio of 2.29 and a debt-to-equity ratio of 0.86. The firm's 50 day moving average is $403.46 and its 200 day moving average is $336.50.

TopBuild (NYSE:BLD - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The construction company reported $5.31 earnings per share for the quarter, beating analysts' consensus estimates of $5.07 by $0.24. TopBuild had a net margin of 11.40% and a return on equity of 28.32%. The business had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same period in the previous year, the business earned $5.42 EPS. TopBuild's revenue was down 5.0% compared to the same quarter last year. TopBuild has set its FY 2025 guidance at EPS. Sell-side analysts expect that TopBuild will post 20.97 earnings per share for the current year.

Insider Activity at TopBuild

In related news, insider Jeff M. Krestancic sold 373 shares of the company's stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $415.00, for a total value of $154,795.00. Following the completion of the transaction, the insider directly owned 4,934 shares in the company, valued at approximately $2,047,610. The trade was a 7.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert M. Buck sold 7,350 shares of the company's stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $415.19, for a total transaction of $3,051,646.50. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,663 shares of company stock valued at $5,709,488 over the last ninety days. 0.43% of the stock is currently owned by insiders.

Institutional Trading of TopBuild

Several hedge funds have recently added to or reduced their stakes in BLD. Cetera Investment Advisers lifted its stake in TopBuild by 11.2% in the fourth quarter. Cetera Investment Advisers now owns 3,591 shares of the construction company's stock worth $1,118,000 after purchasing an additional 361 shares during the last quarter. D. E. Shaw & Co. Inc. lifted its stake in TopBuild by 97.8% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 2,243 shares of the construction company's stock worth $698,000 after purchasing an additional 1,109 shares during the last quarter. Janus Henderson Group PLC lifted its stake in TopBuild by 0.3% in the fourth quarter. Janus Henderson Group PLC now owns 18,259 shares of the construction company's stock worth $5,678,000 after purchasing an additional 54 shares during the last quarter. Nomura Holdings Inc. bought a new stake in TopBuild in the fourth quarter worth $1,211,000. Finally, Quantinno Capital Management LP lifted its stake in TopBuild by 122.4% in the fourth quarter. Quantinno Capital Management LP now owns 7,123 shares of the construction company's stock worth $2,218,000 after purchasing an additional 3,920 shares during the last quarter. 95.67% of the stock is owned by institutional investors.

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.

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