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 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 Thursday, May, 2nd. The construction company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.08. The construction company had revenue of $122.03 million for the quarter, compared to analysts' expectations of $116.07 million. Continental Building Products had a return on equity of 22.48% and a net margin of 14.35%. The business's quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.36 earnings per share. View Continental Building Products' Earnings History.

Continental Building Products is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for Continental Building Products.

9 analysts have issued 12-month price targets for Continental Building Products' shares. Their predictions range from $27.00 to $36.00. On average, they expect Continental Building Products' share price to reach $32.25 in the next year. This suggests a possible upside of 33.0% from the stock's current price. View Analyst Price Targets for Continental Building Products.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Building Products in the last year. There are currently 8 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Continental Building Products.

Media stories about CBPX stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Continental Building Products earned a news sentiment score of 1.1 on InfoTrie's scale. They also gave media coverage about the construction company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days.

Some companies that are related to Continental Building Products include Gates Industrial (GTES), BABCOCK Intl Gr/ADR (BCKIY), ROTORK PLC/ADR (RTOXY), KBR (KBR), Thor Industries (THO), Louisiana-Pacific (LPX), Simpson Manufacturing (SSD), TopBuild (BLD), Altair Engineering (ALTR), Apergy (APY), Grafton Group (GROUF), ABM Industries (ABM), AAON (AAON), Potlatchdeltic (PCH) and KB Home (KBH).

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 BlackRock Inc. (8.03%), Macquarie Group Ltd. (7.25%), Dimensional Fund Advisors LP (4.64%), Victory Capital Management Inc. (3.71%), Westwood Holdings Group Inc. (3.73%) and Systematic Financial Management LP (3.03%). 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 Robeco Institutional Asset Management B.V., Dalton Greiner Hartman Maher & Co., Morgan Stanley, Renaissance Technologies LLC, FMR LLC, AJO LP, AQR Capital Management LLC and JPMorgan Chase & Co.. Company insiders that have sold Continental Building Products company stock in the last year include David Bruce Briggs, Dennis Charles Schemm and Dennis Romps. View Insider Buying and Selling for Continental Building Products.

CBPX stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Westwood Holdings Group Inc., Macquarie Group Ltd., BlackRock Inc., Dimensional Fund Advisors LP, Cooper Creek Partners Management LLC, Wells Fargo & Company MN and Connor Clark & Lunn Investment Management Ltd.. 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 $24.25.

Continental Building Products has a market capitalization of $841.96 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.

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]