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 announced that its Board of Directors has initiated a stock repurchase plan 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 repurchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its shares are undervalued.

Continental Building Products Inc (NYSE:CBPX) posted its earnings results on Tuesday, November, 12th. The construction company reported $0.39 earnings per share for the quarter, topping analysts' consensus estimates of $0.38 by $0.01. The construction company earned $127.40 million during the quarter, compared to the consensus estimate 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 revenue for the quarter was down 2.9% on a year-over-year basis. During the same period last year, the company earned $0.51 EPS. 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.

7 brokerages have issued 1 year price targets for Continental Building Products' stock. Their forecasts range from $28.00 to $37.00. On average, they anticipate Continental Building Products' stock price to reach $34.75 in the next twelve months. This suggests that the stock has a possible downside of 4.6%. View Analyst Price Targets 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 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Continental Building Products.

Media coverage about CBPX stock has been trending extremely negative this week, InfoTrie reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Continental Building Products earned a news impact score of -4.5 on InfoTrie's scale. They also assigned media headlines about the construction company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Continental Building Products.

Continental Building Products saw a increase in short interest in 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 volume of 653,200 shares, the days-to-cover ratio is presently 2.7 days. Approximately 5.2% of the shares of the company are short sold. View Continental Building Products' Current Options Chain.

Some companies that are related to Continental Building Products include Servicemaster Global (SERV), Floor & Decor (FND), Emcor Group (EME), Acuity Brands (AYI), Buzzi Unicem (BZZUF), MasTec (MTZ), Thor Industries (THO), WEIR GRP PLC/S (WEGRY), Rayonier (RYN), KBR (KBR), TopBuild (BLD), BABCOCK Intl Gr/ADR (BCKIY), Eagle Materials (EXP), Simpson Manufacturing (SSD) 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), USG (USG), Gilead Sciences (GILD), Intel (INTC), Micron Technology (MU), NVIDIA (NVDA), Canadian Natural Resources (CNQ), General Motors (GM) and Altria Group (MO).

Continental Building Products' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.47%) and Janney Montgomery Scott LLC (0.04%). 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 Janney Montgomery Scott LLC. Company insiders that have sold Continental Building Products company stock in the last year include 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 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 $36.44.

Continental Building Products has a market capitalization of $1.26 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]