Zacks Research Analysts Cut Earnings Estimates for TopBuild

Key Points

• Zacks Research has lowered its Q3 2025 earnings per share estimate for TopBuild from $5.31 to $5.28, indicating a cautious outlook for the construction company.
• TopBuild's Q2 2025 earnings beat analyst expectations with an EPS of $5.31, despite a 5% year-over-year revenue decline.
• Several equity analysts have issued mixed ratings on TopBuild, with the stock currently holding an average rating of "Moderate Buy" and an average price target of $394.67.

TopBuild Corp. (NYSE:BLD - Free Report) - Zacks Research cut their Q3 2025 earnings estimates for TopBuild in a research report issued on Tuesday, August 19th. Zacks Research analyst Team now anticipates that the construction company will post earnings of $5.28 per share for the quarter, down from their previous forecast of $5.31. The consensus estimate for TopBuild's current full-year earnings is $20.97 per share. Zacks Research also issued estimates for TopBuild's Q4 2025 earnings at $4.86 EPS, Q1 2026 earnings at $4.51 EPS, Q2 2026 earnings at $5.50 EPS, Q3 2026 earnings at $5.65 EPS, Q4 2026 earnings at $5.43 EPS, FY2026 earnings at $21.10 EPS, Q1 2027 earnings at $5.23 EPS, Q2 2027 earnings at $5.94 EPS and FY2027 earnings at $23.49 EPS.

Other analysts have also recently issued reports about the stock. Seaport Res Ptn raised shares of TopBuild from a "hold" rating to a "strong-buy" rating in a report on Wednesday, August 6th. JPMorgan Chase & Co. increased their price objective on shares of TopBuild from $344.00 to $398.00 and gave the stock an "overweight" rating in a report on Wednesday, July 9th. Bank of America increased their target price on shares of TopBuild from $320.00 to $400.00 and gave the company a "buy" rating in a research report on Wednesday, July 9th. Loop Capital increased their target price 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. Finally, 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 report on Thursday, May 8th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, TopBuild has an average rating of "Moderate Buy" and a consensus price target of $394.67.

TopBuild Stock Up 4.5%

Shares of NYSE BLD traded up $18.5770 during trading on Thursday, reaching $434.6670. 306,131 shares of the stock were exchanged, compared to its average volume of 412,540. The business's 50-day moving average price is $371.48 and its 200 day moving average price is $324.74. TopBuild has a twelve month low of $266.26 and a twelve month high of $445.74. The company has a quick ratio of 2.29, a current ratio of 2.83 and a debt-to-equity ratio of 0.86. The company has a market capitalization of $12.23 billion, a price-to-earnings ratio of 21.40, a price-to-earnings-growth ratio of 5.81 and a beta of 1.63.

TopBuild (NYSE:BLD - Get Free Report) last posted its earnings results on Tuesday, August 5th. The construction company reported $5.31 EPS for the quarter, topping 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 for the quarter, compared to analysts' expectations of $1.30 billion. During the same period in the previous year, the company posted $5.42 earnings per share. The business's revenue for the quarter was down 5.0% compared to the same quarter last year. TopBuild has set its FY 2025 guidance at EPS.

Hedge Funds Weigh In On TopBuild

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BLD. Bank of America Corp DE grew its stake in shares of TopBuild by 14.8% in the second quarter. Bank of America Corp DE now owns 847,436 shares of the construction company's stock worth $274,349,000 after acquiring an additional 109,572 shares during the last quarter. Boston Partners boosted its stake in TopBuild by 102.2% during the second quarter. Boston Partners now owns 774,161 shares of the construction company's stock worth $250,872,000 after buying an additional 391,299 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in TopBuild by 5.8% during the first quarter. T. Rowe Price Investment Management Inc. now owns 639,040 shares of the construction company's stock worth $194,876,000 after buying an additional 34,885 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in shares of TopBuild by 5.1% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 481,958 shares of the construction company's stock valued at $150,053,000 after acquiring an additional 23,428 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of TopBuild by 25.0% during the first quarter. Dimensional Fund Advisors LP now owns 465,376 shares of the construction company's stock valued at $141,908,000 after acquiring an additional 93,011 shares during the period. Institutional investors and hedge funds own 95.67% of the company's stock.

Insider Buying and Selling at TopBuild

In related news, CFO Robert M. Kuhns sold 2,000 shares of the firm's stock in a transaction that occurred 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 transaction, the chief financial officer owned 15,633 shares of the company's stock, valued at approximately $6,504,891.30. This trade represents a 11.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Luis Francisco Machado sold 990 shares of the stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $415.02, for a total value of $410,869.80. Following the transaction, the vice president owned 10,349 shares in the company, valued at approximately $4,295,041.98. This trade represents a 8.73% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,313 shares of company stock worth $5,118,903 in the last ninety days. Insiders own 0.43% 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.