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 declared that its board has authorized a share buyback program on Friday, February 23rd 2018, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

Continental Building Products Inc (NYSE:CBPX) issued its quarterly earnings data on Tuesday, November, 12th. The construction company reported $0.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.01. The construction company earned $127.40 million during the quarter, compared to analyst estimates of $127.16 million. Continental Building Products had a net margin of 12.12% and a return on equity of 18.84%. Continental Building Products's quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $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 brokers have issued 1-year price targets for Continental Building Products' shares. Their forecasts range from $28.00 to $37.00. On average, they anticipate Continental Building Products' share price to reach $34.75 in the next twelve months. This suggests that the stock has a possible downside of 4.8%. 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.

Press coverage about CBPX stock has been trending extremely negative this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Continental Building Products earned a daily sentiment score of -5.0 on InfoTrie's scale. They also gave media coverage 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 stock's share price in the immediate future. View News Stories for Continental Building Products.

Continental Building Products saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,780,000 shares, an increase of 31.9% from the December 15th total of 1,350,000 shares. Based on an average daily trading volume, of 653,200 shares, the days-to-cover ratio is presently 2.7 days. Currently, 5.2% of the company's shares are short sold. View Continental Building Products' Current Options Chain.

Some companies that are related to Continental Building Products include Servicemaster Global (SERV), Armstrong World Industries (AWI), Emcor Group (EME), Floor & Decor (FND), Acuity Brands (AYI), MasTec (MTZ), Buzzi Unicem (BZZUF), WEIR GRP PLC/S (WEGRY), Thor Industries (THO), KBR (KBR), Rayonier (RYN), Frontdoor (FTDR), BABCOCK Intl Gr/ADR (BCKIY), Eagle Materials (EXP) 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), Broadcom (AVGO), NVIDIA (NVDA), Biogen (BIIB), Intel (INTC), Micron Technology (MU), USG (USG), Advanced Micro Devices (AMD), Gilead Sciences (GILD) and Lululemon Athletica (LULU).

Continental Building Products' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.47%). 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 purchased by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co.. 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 $36.51.

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]