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 has initiated a share buyback plan on Friday, February 23rd 2018, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management 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 analysts' expectations of $118.77 million. Continental Building Products had a return on equity of 16.88% and a net margin of 12.62%. The company's revenue was down 3.2% on a year-over-year basis. During the same period last 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 price objectives for Continental Building Products' shares. Their forecasts range from $28.00 to $33.00. On average, they anticipate Continental Building Products' share price to reach $30.8333 in the next twelve months. This suggests that the stock has a possible downside of 2.1%. View Analyst Ratings for Continental Building Products.

7 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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

News headlines about CBPX stock have been trending somewhat negative recently, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. 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 media sentiment score of -0.04 on Accern's scale. They also assigned news coverage about the construction company an impact score of 43.63 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Continental Building Products' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (2.25%), KAMES CAPITAL plc (0.39%), SG Capital Management LLC (0.08%) and Campbell & CO Investment Adviser LLC (0.02%). 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 SG Capital Management LLC. View Insider Buying and Selling for Continental Building Products.

CBPX stock was bought by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Dalton Greiner Hartman Maher & Co. and Campbell & CO Investment Adviser 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 $31.50.

Continental Building Products has a market capitalization of $1.17 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]