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 plan 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 purchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's board believes its shares are undervalued.

Continental Building Products Inc (NYSE:CBPX) issued its earnings results on Tuesday, November, 12th. The construction company reported $0.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.01. The construction company earned $127.40 million during the quarter, compared to analysts' expectations of $127.16 million. Continental Building Products had a net margin of 12.12% and a return on equity of 18.84%. The business's quarterly revenue was down 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.51 earnings per share. 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 Wall Street analysts have issued 12-month price objectives for Continental Building Products' shares. Their forecasts range from $37.00 to $37.00. On average, they anticipate Continental Building Products' stock 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 stories about CBPX stock have been trending negative on Thursday, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of 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 sentiment score of -2.5 on InfoTrie's scale. They also gave news articles about the construction company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Continental Building Products.

Continental Building Products saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 1,590,000 shares, a decline of 10.7% from the January 15th total of 1,780,000 shares. Based on an average daily trading volume, of 667,500 shares, the short-interest ratio is currently 2.4 days. Approximately 4.7% 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 Armstrong World Industries (AWI), Servicemaster Global (SERV), Emcor Group (EME), Buzzi Unicem (BZZUF), Thor Industries (THO), MasTec (MTZ), Acuity Brands (AYI), Advanced Drainage Systems (WMS), KBR (KBR), WEIR GRP PLC/S (WEGRY), TopBuild (BLD), BABCOCK Intl Gr/ADR (BCKIY), Frontdoor (FTDR), 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 many different of institutional and retail investors. Top institutional shareholders 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]