NYSE:CBPX - Continental Building Products Stock Price, Price Target & More

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 outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's board believes its shares are undervalued.

Continental Building Products Inc (NYSE:CBPX) issued its quarterly earnings results on Thursday, May, 3rd. The construction company reported $0.36 earnings per share for the quarter, missing analysts' consensus estimates of $0.37 by $0.01. The construction company earned $116.80 million during the quarter, compared to analyst estimates of $118.77 million. Continental Building Products had a return on equity of 16.88% and a net margin of 12.62%. The business's revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.22 earnings per share. View Continental Building Products' Earnings History.

Continental Building Products is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Continental Building Products.

7 brokerages have issued 1 year target prices for Continental Building Products' shares. Their predictions range from $28.00 to $33.00. On average, they anticipate Continental Building Products' stock price to reach $30.1667 in the next twelve months. View Analyst Ratings for Continental Building Products.

Some companies that are related to Continental Building Products include CHINA COMMUNICA/ADR (CCCGY), Emcor Group (EME), Gates Industrial (GTES), IMI (IMIAY), MasTec (MTZ), Louisiana-Pacific (LPX), Rotork (RTOXY), Trex (TREX), Norbord (OSB), Armstrong World Industries (AWI), CHINA Rwy Grp L/ADR (CRWOY), Potlatchdeltic (PCH), Jeld-Wen (JELD), Dycom Industries (DY) and Summit Materials (SUM).

Media headlines about CBPX stock have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Continental Building Products earned a news sentiment score of 0.24 on Accern's scale. They also gave media stories about the construction company an impact score of 44.94 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Continental Building Products' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.33%), Dimensional Fund Advisors LP (4.13%), Westwood Holdings Group Inc. (2.67%), Systematic Financial Management LP (2.47%), Dalton Greiner Hartman Maher & Co. (2.12%) and Prudential Financial Inc. (1.99%). Company insiders that own Continental Building Products stock include David Bruce Briggs and Isabelle Shiffrin. View Institutional Ownership Trends for Continental Building Products.

CBPX stock was sold by a variety of institutional investors in the last quarter, including Gratia Capital LLC, Spark Investment Management LLC, Thrivent Financial for Lutherans, RMB Capital Management LLC, Wells Fargo & Company MN, Barclays PLC, Opus Capital Group LLC and Schwab Charles Investment Management 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 Prudential Financial Inc., New Amsterdam Partners LLC NY, Westwood Holdings Group Inc., Nuveen Asset Management LLC, Catalyst Capital Advisors LLC, Alps Advisors Inc., STA Wealth Management LLC and Jane Street Group 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, Scottrade, Fidelity and Charles Schwab.

One share of CBPX stock can currently be purchased for approximately $31.45.

Continental Building Products has a market capitalization of $1.19 billion and generates $489.16 million in revenue each year. The construction company earns $59.84 million in net income (profit) each year or $1.33 on an earnings per share basis. Continental Building Products employs 621 workers across the globe.

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]