About TopBuild Corp. (NYSE:BLD)
TopBuild Corp. installs and distributes insulation products to the United States construction industry. The Company operates through two segments: Installation (TruTeam) and Distribution (Service Partners). Its Installation segment principally includes the sales and installation of insulation and other building products. Its Distribution segment includes the distribution of insulation and other building products. As of December 31, 2016, the Company provided insulation installation services through its TruTeam contractor services business, which had over 175 installation branches located in 41 states. It installs various insulation applications, which include fiberglass batts and rolls and blown-in loose fill fiberglass. As of December 31, 2016, the Company distributed insulation and other building products, including rain gutters, fireplaces, closet shelving, and roofing materials through its Service Partners business, which had over 70 distribution centers located in 33 states.
Industry, Sector and Symbol
Industry Building Contractors
Trailing P/E Ratio25.73
Forward P/E Ratio23.94
Sales & Book Value
Annual Sales$1.74 billion
Price / Sales1.34
Cash Flow$2.27 per share
Price / Cash28.86
Book Value$25.00 per share
Price / Book2.62
Net Income$72.60 million
Return on Equity9.88%
Return on Assets5.45%
Frequently Asked Questions for TopBuild Corp. (NYSE:BLD)
What is TopBuild Corp.'s stock symbol?
TopBuild Corp. trades on the New York Stock Exchange (NYSE) under the ticker symbol "BLD."
How will TopBuild Corp.'s stock buyback program work?
TopBuild Corp. declared that its Board of Directors has initiated a share repurchase plan on Saturday, April 8th 2017, which permits the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 12.5% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.
How were TopBuild Corp.'s earnings last quarter?
TopBuild Corp. (NYSE:BLD) released its quarterly earnings results on Tuesday, November, 7th. The construction company reported $0.83 EPS for the quarter, topping analysts' consensus estimates of $0.82 by $0.01. The construction company earned $489.04 million during the quarter, compared to analysts' expectations of $491.43 million. TopBuild Corp. had a net margin of 4.03% and a return on equity of 9.88%. The company's quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.63 EPS. View TopBuild Corp.'s Earnings History.
When will TopBuild Corp. make its next earnings announcement?
Where is TopBuild Corp.'s stock going? Where will TopBuild Corp.'s stock price be in 2017?
6 brokers have issued 1-year target prices for TopBuild Corp.'s stock. Their forecasts range from $50.00 to $75.00. On average, they anticipate TopBuild Corp.'s stock price to reach $59.40 in the next twelve months. View Analyst Ratings for TopBuild Corp..
What are Wall Street analysts saying about TopBuild Corp. stock?
Here are some recent quotes from research analysts about TopBuild Corp. stock:
- 1. According to Zacks Investment Research, "TopBuild Corp. is the installer and distributor of insulation products to the construction industry primarily in the United States. The company also installs and distributes other building products, which consists of rain gutters, garage doors, fireplaces, shower enclosures, closet shelving and roofing. It offers insulation installation services. TopBuild Corp. TopBuild Corp. is headquartered in Daytona Beach, FL. " (8/10/2017)
- 2. Seaport Global Securities analysts commented, "We are initiating coverage of TopBuild Corp. with a Buy rating and $52 price target. While exposed to ~95% of US housing starts, with leading (~35%) share of the insulation installation market, we believe a closer look at the company's model (operating as both a distributor and installer) shows room remains for material share gains going forward. We believe this can come both organically and inorganically (strong balance sheet with nearly zero net-debt). The company should benefit from mix-shifts within its end market exposure as well." (3/16/2017)
Who are some of TopBuild Corp.'s key competitors?
Some companies that are related to TopBuild Corp. include Rayonier (RYN), JELD-WEN Holding (JELD), Floor & Decor Holdings (FND), Imi Plc (IMIAY), MasTec (MTZ), Dycom Industries (DY), ROTORK PLC (RTOXY), Norbord (OSB), Armstrong World Industries (AWI), Taylor Morrison Home Corporation (TMHC), Simpson Manufacturing Company (SSD), TRI Pointe Group (TPH), ABM Industries Incorporated (ABM), Grafton Group PLC (GROUF), KBR (KBR), Granite Construction Incorporated (GVA), KB Home (KBH) and Installed Building Products (IBP).
Who are TopBuild Corp.'s key executives?
TopBuild Corp.'s management team includes the folowing people:
- Alec C. Covington, Independent Chairman of the Board (Age 60)
- Robert M. Buck, President, Chief Operating Officer (Age 47)
- Gerald Volas, Chief Executive Officer, Director (Age 62)
- John S. Peterson, Chief Financial Officer, Vice President (Age 58)
- Paul Joachimczyk, Vice President, Controller (Age 44)
- Dennis W. Archer, Independent Director (Age 75)
- Carl T. Camden, Independent Director (Age 62)
- Joseph S. Cantie CPA, Independent Director (Age 53)
- Mark A. Petrarca, Independent Director (Age 53)
- Margaret M. Whelan, Independent Director (Age 44)
Who owns TopBuild Corp. stock?
TopBuild Corp.'s stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (6.77%), Bank of New York Mellon Corp (1.42%), Westfield Capital Management Co. LP (1.34%), Rothschild Asset Management Inc. (1.28%), Ameriprise Financial Inc. (0.94%) and Granite Investment Partners LLC (0.90%). Company insiders that own TopBuild Corp. stock include Gerald Volas, Michelle A Friel and Robert M Buck. View Institutional Ownership Trends for TopBuild Corp..
Who sold TopBuild Corp. stock? Who is selling TopBuild Corp. stock?
TopBuild Corp.'s stock was sold by a variety of institutional investors in the last quarter, including GMT Capital Corp, Point72 Asset Management L.P., Prudential Financial Inc., OxFORD Asset Management LLP, Goelzer Investment Management Inc., Bank of New York Mellon Corp, Principal Financial Group Inc. and EAM Investors LLC. Company insiders that have sold TopBuild Corp. company stock in the last year include Gerald Volas, Michelle A Friel and Robert M Buck. View Insider Buying and Selling for TopBuild Corp..
Who bought TopBuild Corp. stock? Who is buying TopBuild Corp. stock?
TopBuild Corp.'s stock was bought by a variety of institutional investors in the last quarter, including Rothschild Asset Management Inc., Westfield Capital Management Co. LP, JPMorgan Chase & Co., Ameriprise Financial Inc., Sei Investments Co., KBC Group NV, Chartwell Investment Partners LLC and Dean Investment Associates LLC. View Insider Buying and Selling for TopBuild Corp..
How do I buy TopBuild Corp. stock?
Shares of TopBuild Corp. can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is TopBuild Corp.'s stock price today?
One share of TopBuild Corp. stock can currently be purchased for approximately $65.60.
How big of a company is TopBuild Corp.?
TopBuild Corp. has a market capitalization of $2.33 billion and generates $1.74 billion in revenue each year. The construction company earns $72.60 million in net income (profit) each year or $2.03 on an earnings per share basis. TopBuild Corp. employs 7,900 workers across the globe.
How can I contact TopBuild Corp.?
TopBuild Corp.'s mailing address is 475 North Williamson Boulevard, Daytona Beach FL, 32114. The construction company can be reached via phone at 386-304-2200 or via email at [email protected]
MarketBeat Community Rating for TopBuild Corp. (BLD)MarketBeat's community ratings are surveys of what our community members think about TopBuild Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for TopBuild Corp. (NYSE:BLD) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 3 Hold Ratings, 3 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$59.40 (9.45% downside)|
Consensus Price Target History for TopBuild Corp. (NYSE:BLD)
Analysts' Ratings History for TopBuild Corp. (NYSE:BLD)
(Data available from 11/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/8/2017||Nomura||Boost Price Target||Neutral||$58.00 -> $61.00||N/A|
|10/4/2017||SunTrust Banks, Inc.||Reiterated Rating||Buy||$75.00||N/A|
|5/10/2017||Instinet||Boost Price Target||Neutral||$45.00 -> $50.00||Low|
|3/16/2017||Seaport Global Securities||Initiated Coverage||Buy -> Buy||$52.00||High|
Earnings History and Estimates Chart for TopBuild Corp. (NYSE:BLD)
Earnings History by Quarter for TopBuild Corp. (NYSE BLD)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/27/2018|| || || || || || || || |
|11/7/2017||Q3 2017||$0.82||$0.83||$491.43 million||$489.04 million||View||N/A|
|8/8/2017||Q2 2017||$0.58||$0.67||$477.72 million||$474.50 million||View||Listen|
|5/9/2017||Q1 2017||$0.38||$0.46||$432.01 million||$441.36 million||View||Listen|
|2/28/2017||Q416||$0.57||$0.59||$446.67 million||$444.10 million||View||Listen|
|11/9/2016||Q316||$0.62||$0.63||$22.38 million||$453.00 million||View||Listen|
|8/4/2016||Q216||$0.45||$0.43||$446.65 million||$432.00 million||View||N/A|
|5/11/2016||Q116||$0.15||$0.31||$386.23 million||$414.00 million||View||Listen|
|3/3/2016||Q415||$0.53||$0.52||$428.16 million||$426.50 million||View||N/A|
|11/3/2015||Q315||$0.47||$0.50||$437.11 million||$427.90 million||View||N/A|
|8/11/2015||Q215||$0.32||$0.27||$410.10 million||$404.00 million||View||N/A|
Earnings Estimates for TopBuild Corp. (NYSE:BLD)
2017 EPS Consensus Estimate: $2.57
2018 EPS Consensus Estimate: $3.47
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for TopBuild Corp. (NYSE:BLD)
No dividend announcements for this company have been tracked by MarketBeat.com
Latest Headlines for TopBuild Corp. (NYSE BLD)
TopBuild Corp. (NYSE BLD) Chart for Friday, November, 24, 2017