NYSE:CBPX - Continental Building Products Stock Price, Forecast & News

Continental Building Products trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBPX."

Continental Building Products announced that its Board of Directors has authorized a share buyback plan on Friday, February 23rd 2018, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's management believes its shares are undervalued.

Continental Building Products Inc (NYSE:CBPX) posted its quarterly earnings data on Tuesday, November, 12th. The construction company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.01. The construction company had revenue of $127.40 million for the quarter, compared to analysts' expectations of $127.16 million. Continental Building Products had a return on equity of 18.84% and a net margin of 12.12%. The business's quarterly revenue was down 2.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.51 earnings per share. View Continental Building Products' Earnings History.

Continental Building Products is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Continental Building Products.

8 analysts have issued 12-month price targets for Continental Building Products' shares. Their forecasts range from $28.00 to $37.00. On average, they anticipate Continental Building Products' stock price to reach $34.75 in the next twelve months. This suggests that the stock has a possible downside of 5.1%. View Analyst Price Targets for Continental Building Products.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Building Products in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Continental Building Products.

Media coverage about CBPX stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Continental Building Products earned a news impact score of 0.6 on InfoTrie's scale. They also assigned media stories about the construction company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Continental Building Products.

Continental Building Products saw a drop in short interest in November. As of November 15th, there was short interest totalling 909,600 shares, a drop of 5.5% from the October 31st total of 962,700 shares. Based on an average trading volume of 272,600 shares, the short-interest ratio is presently 3.3 days. Currently, 2.7% of the shares of the stock are short sold. View Continental Building Products' Current Options Chain.

Some companies that are related to Continental Building Products include Trex (TREX), Servicemaster Global (SERV), Emcor Group (EME), Floor & Decor (FND), Buzzi Unicem (BZZUF), MasTec (MTZ), Armstrong World Industries (AWI), WEIR GRP PLC/S (WEGRY), KBR (KBR), Rayonier (RYN), Frontdoor (FTDR), Eagle Materials (EXP), Thor Industries (THO), ROTORK PLC/ADR (RTOXY) and TopBuild (BLD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Continental Building Products investors own include Alibaba Group (BABA), Broadcom (AVGO), USG (USG), Micron Technology (MU), NVIDIA (NVDA), Biogen (BIIB), Intel (INTC), Lululemon Athletica (LULU), Advanced Micro Devices (AMD) and Activision Blizzard (ATVI).

Continental Building Products' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Systematic Financial Management LP (3.15%), Millennium Management LLC (2.97%), State Street Corp (2.18%), Dalton Greiner Hartman Maher & Co. (0.45%), Boston Partners (0.38%) and Public Employees Retirement System of Ohio (0.29%). Company insiders that own Continental Building Products stock include David Bruce Briggs, Dennis Charles Schemm, Dennis Romps and Edward M Bosowski. View Institutional Ownership Trends for Continental Building Products.

CBPX stock was sold by a variety of institutional investors in the last quarter, including Chicago Equity Partners LLC, First Quadrant L P CA, Janney Montgomery Scott LLC, Skylands Capital LLC, Genovese Burford & Brothers Wealth & Retirement Plan Management LLC, State Street Corp, Barclays PLC and Boston Partners. Company insiders that have sold Continental Building Products company stock in the last year include Dennis Charles Schemm and Dennis Romps. View Insider Buying and Selling for Continental Building Products.

CBPX stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Winmill & CO. Inc., First Trust Advisors LP, SG Americas Securities LLC, Dalton Greiner Hartman Maher & Co., Systematic Financial Management LP, California Public Employees Retirement System and Campbell & CO Investment Adviser LLC. View Insider Buying and Selling for Continental Building Products.

Shares of CBPX 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, Robinhood, Fidelity and Charles Schwab.

One share of CBPX stock can currently be purchased for approximately $36.63.

Continental Building Products has a market capitalization of $1.27 billion and generates $528.06 million in revenue each year. The construction company earns $74.24 million in net income (profit) each year or $2.02 on an earnings per share basis. Continental Building Products employs 645 workers across the globe.View Additional Information About Continental Building Products.

The official website for Continental Building Products is http://www.continental-bp.com/.

Continental Building Products' mailing address is 12950 WORLDGATE DRIVE SUITE 700, HERNDON VA, 20170. The construction company can be reached via phone at 703-480-3800 or via email at [email protected]