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

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 stock repurchase program on Friday, February 23rd 2018, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its shares are undervalued.

Continental Building Products Inc (NYSE:CBPX) issued its earnings results on Thursday, August, 1st. The construction company reported $0.43 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.47 by $0.04. The construction company had revenue of $124.21 million for the quarter, compared to analyst estimates of $131.04 million. Continental Building Products had a net margin of 13.02% and a return on equity of 20.38%. The company's revenue was down 10.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.59 EPS. View Continental Building Products' Earnings History.

Continental Building Products is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Continental Building Products.

6 equities research analysts have issued 1 year target prices for Continental Building Products' stock. Their forecasts range from $27.00 to $36.00. On average, they expect Continental Building Products' share price to reach $31.80 in the next year. This suggests a possible upside of 33.6% from the stock's current price. View Analyst Price Targets for Continental Building Products.

6 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Continental Building Products.

News coverage about CBPX stock has trended negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Continental Building Products earned a news sentiment score of -2.3 on InfoTrie's scale. They also assigned media headlines about the construction company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Continental Building Products.

Some companies that are related to Continental Building Products include TopBuild (BLD), BABCOCK Intl Gr/ADR (BCKIY), Louisiana-Pacific (LPX), Simpson Manufacturing (SSD), ABM Industries (ABM), Potlatchdeltic (PCH), Altair Engineering (ALTR), Universal Forest Products (UFPI), AAON (AAON), Thor Industries (THO), Fluor Co. (NEW) (FLR), Meritage Homes (MTH), KB Home (KBH), Taylor Morrison Home (TMHC) and Gates Industrial (GTES).

Based on aggregate information from My MarketBeat watchlists, some companies that other Continental Building Products investors own include Alibaba Group (BABA), USG (USG), Broadcom (AVGO), Micron Technology (MU), NVIDIA (NVDA), Intel (INTC), Gilead Sciences (GILD), Lululemon Athletica (LULU), NetApp (NTAP) and Accenture (ACN).

Continental Building Products' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.32%), BlackRock Inc. (7.76%), Victory Capital Management Inc. (3.71%), Westwood Holdings Group Inc. (3.29%), Systematic Financial Management LP (3.09%) and D. E. Shaw & Co. Inc. (3.09%). 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 Renaissance Technologies LLC, Prudential Financial Inc., Morgan Stanley, Vanguard Group Inc., Westwood Holdings Group Inc., Invesco Ltd., BlackRock Inc. and D. E. Shaw & Co. Inc.. View Insider Buying and Selling for Continental Building Products.

CBPX stock was acquired by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Nuveen Asset Management LLC, Penn Capital Management Co. Inc., William Blair Investment Management LLC, Gratia Capital LLC, Connor Clark & Lunn Investment Management Ltd., Wells Fargo & Company MN and Susquehanna International Group LLP. 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, Scottrade, Fidelity and Charles Schwab.

One share of CBPX stock can currently be purchased for approximately $23.81.

Continental Building Products has a market capitalization of $825.97 million 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]