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 has approved a stock buyback program 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 reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

Continental Building Products Inc (NYSE:CBPX) released its quarterly earnings data on Tuesday, November, 12th. The construction company reported $0.39 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.38 by $0.01. The construction company had revenue of $127.40 million for the quarter, compared to the consensus estimate of $127.16 million. Continental Building Products had a return on equity of 18.84% and a net margin of 12.12%. Continental Building Products's revenue was down 2.9% on a year-over-year basis. During the same period in the prior year, the firm 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.

6 equities research analysts have issued 12-month price targets for Continental Building Products' stock. Their forecasts range from $37.00 to $37.00. On average, they anticipate Continental Building Products' share price to reach $37.00 in the next twelve months. This suggests a possible upside of 0.0% from the stock's current price. View Analyst Price Targets for Continental Building Products.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Building Products in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Continental Building Products.

News coverage about CBPX stock has trended negative on Wednesday, InfoTrie reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Continental Building Products earned a news sentiment score of -2.0 on InfoTrie's scale. They also assigned headlines about the construction company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the stock's share price in the near term. View News Stories for Continental Building Products.

Continental Building Products saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 1,590,000 shares, a decrease of 10.7% from the January 15th total of 1,780,000 shares. Based on an average daily volume of 667,500 shares, the short-interest ratio is currently 2.4 days. Currently, 4.7% of the shares of the stock are short sold. View Continental Building Products' Current Options Chain.

Some companies that are related to Continental Building Products include Servicemaster Global (SERV), Armstrong World Industries (AWI), Emcor Group (EME), Thor Industries (THO), Buzzi Unicem (BZZUF), Acuity Brands (AYI), MasTec (MTZ), KBR (KBR), Advanced Drainage Systems (WMS), WEIR GRP PLC/S (WEGRY), TopBuild (BLD), BABCOCK Intl Gr/ADR (BCKIY), Louisiana-Pacific (LPX), Rayonier (RYN) and Simpson Manufacturing (SSD).

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 investors include ARP Americas LP (6.36%), Magnetar Financial LLC (3.71%), Victory Capital Management Inc. (2.83%), Citigroup Inc. (2.52%), UBS Group AG (2.43%) and Oxford Asset Management LLP (2.33%). 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 Victory Capital Management Inc., Westwood Holdings Group Inc., Victory Capital Management Inc., Prudential Financial Inc., FMR LLC, Goldman Sachs Group Inc., Bank of America Corp DE and Penn Capital Management Co. Inc.. 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 purchased by a variety of institutional investors in the last quarter, including ARP Americas LP, Magnetar Financial LLC, Citigroup Inc., Oxford Asset Management LLP, UBS Group AG, Renaissance Technologies LLC, Water Island Capital LLC and Jefferies 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, Robinhood, Fidelity and Charles Schwab.

One share of CBPX stock can currently be purchased for approximately $36.99.

Continental Building Products has a market capitalization of $1.28 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]