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

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 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 repurchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's management believes its shares are undervalued.

Continental Building Products Inc (NYSE:CBPX) issued its quarterly earnings data on Thursday, August, 1st. The construction company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.47 by $0.04. The construction company earned $124.21 million during the quarter, compared to analysts' expectations of $131.04 million. Continental Building Products had a return on equity of 20.38% and a net margin of 13.02%. The business's revenue was down 10.8% compared to the same quarter last year. During the same quarter last year, the firm posted $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 Wall Street analysts have issued 12 month target prices for Continental Building Products' shares. 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 16.7% 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 somewhat negative on Sunday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Continental Building Products earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave news articles about the construction company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Continental Building Products.

Continental Building Products saw a decline in short interest in August. As of August 31st, there was short interest totalling 1,110,100 shares, a decline of 13.6% from the July 31st total of 1,284,600 shares. Based on an average daily trading volume, of 221,300 shares, the days-to-cover ratio is currently 5.0 days. Approximately 3.2% of the company's stock are short sold. View Continental Building Products' Current Options Chain.

Some companies that are related to Continental Building Products include Eagle Materials (EXP), Rayonier (RYN), KBR (KBR), IMI PLC/S (IMIAY), TopBuild (BLD), ROTORK PLC/ADR (RTOXY), Louisiana-Pacific (LPX), Simpson Manufacturing (SSD), BABCOCK Intl Gr/ADR (BCKIY), Gates Industrial (GTES), Thor Industries (THO), Fluor Co. (NEW) (FLR), Potlatchdeltic (PCH), KB Home (KBH) and Meritage Homes (MTH).

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 purchased 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, Robinhood, Fidelity and Charles Schwab.

One share of CBPX stock can currently be purchased for approximately $27.24.

Continental Building Products has a market capitalization of $944.96 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]