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 declared that its Board of Directors has initiated a stock repurchase program on Friday, February 23rd 2018, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase 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 the Zacks' consensus estimate of $0.37 by $0.01. The construction company had revenue of $116.80 million for 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 quarterly revenue was down 3.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.22 earnings per share. View Continental Building Products' Earnings History.

Continental Building Products is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Continental Building Products.

7 analysts have issued 1-year price objectives for Continental Building Products' shares. Their predictions range from $28.00 to $33.00. On average, they expect Continental Building Products' stock price to reach $30.8333 in the next year. This suggests that the stock has a possible downside of 4.7%. 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 Rayonier (RYN), Emcor Group (EME), Gates Industrial (GTES), IMI PLC/S (IMIAY), MasTec (MTZ), CHINA COMMUNICA/ADR (CCCGY), Trex (TREX), ROTORK PLC/ADR (RTOXY), Louisiana-Pacific (LPX), Armstrong World Industries (AWI), Norbord (OSB), Jeld-Wen (JELD), CHINA Rwy Grp L/ADR (CRWOY), Potlatchdeltic (PCH) and Dycom Industries (DY).

News stories about CBPX stock have trended somewhat positive on Sunday, according to Accern. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news 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 coverage optimism score of 0.24 on Accern's scale. They also gave media stories about the construction company an impact score of 46.34 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Continental Building Products' stock is owned by a variety of of retail and institutional investors. Top institutional investors 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 $32.35.

Continental Building Products has a market capitalization of $1.20 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]