TopBuild (NYSE:BLD) Releases Quarterly Earnings Results, Beats Estimates By $0.20 EPS

TopBuild (NYSE:BLD - Get Free Report) announced its quarterly earnings data on Tuesday. The construction company reported $4.63 earnings per share for the quarter, beating the consensus estimate of $4.43 by $0.20, Zacks reports. The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.23 billion. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. TopBuild's quarterly revenue was down 3.6% on a year-over-year basis. During the same period in the previous year, the company earned $4.81 earnings per share. TopBuild updated its FY 2025 guidance to EPS.

TopBuild Price Performance

NYSE:BLD traded up $4.78 on Friday, reaching $295.71. The stock had a trading volume of 283,102 shares, compared to its average volume of 314,580. 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 company has a market capitalization of $8.65 billion, a P/E ratio of 14.92, a price-to-earnings-growth ratio of 1.82 and a beta of 1.72. TopBuild has a 1-year low of $266.26 and a 1-year high of $495.68. The stock has a fifty day moving average price of $296.74 and a 200-day moving average price of $326.76.

Wall Street Analyst Weigh In

A number of analysts recently commented on BLD shares. The Goldman Sachs Group dropped their target price 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. Deutsche Bank Aktiengesellschaft began coverage on TopBuild in a research report on Tuesday, April 1st. They set a "buy" rating and a $356.00 target price on the stock. DA Davidson decreased their price target on TopBuild from $435.00 to $395.00 and set a "buy" rating for the company in a research report on Thursday. Stephens reduced their price objective on shares of TopBuild from $340.00 to $320.00 and set an "equal weight" rating for the company in a research note on Thursday. Finally, Truist Financial dropped their target price on shares of TopBuild from $395.00 to $310.00 and set a "hold" rating on the stock in a research report on Thursday, February 27th. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $380.22.

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.