TopBuild (BLD) Scheduled to Post Earnings on Tuesday

TopBuild (NYSE:BLD) is set to announce its earnings results before the market opens on Tuesday, August 6th. Analysts expect the company to announce earnings of $5.68 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

TopBuild (NYSE:BLD) last released its quarterly earnings data on Tuesday, May 7th. The construction company reported $4.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.56 by $0.25. TopBuild had a net margin of 12.11% and a return on equity of 25.87%. The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter in the prior year, the firm posted $4.36 earnings per share. TopBuild’s revenue for the quarter was up 1.1% on a year-over-year basis. On average, analysts expect TopBuild to post $22 EPS for the current fiscal year and $23 EPS for the next fiscal year.

TopBuild Stock Performance

NYSE BLD opened at $435.80 on Monday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.81 and a quick ratio of 2.33. TopBuild has a 1 year low of $217.08 and a 1 year high of $495.68. The company has a market capitalization of $13.87 billion, a PE ratio of 21.97, a P/E/G ratio of 2.10 and a beta of 1.76. The company has a fifty day moving average of $415.70 and a two-hundred day moving average of $407.95.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on BLD. Stephens reaffirmed an “equal weight” rating and issued a $425.00 target price on shares of TopBuild in a report on Tuesday, April 23rd. Benchmark upped their target price on shares of TopBuild from $450.00 to $470.00 and gave the company a “buy” rating in a report on Wednesday, May 8th. Jefferies Financial Group upped their target price on shares of TopBuild from $486.00 to $536.00 and gave the company a “buy” rating in a report on Wednesday, July 17th. StockNews.com cut shares of TopBuild from a “buy” rating to a “hold” rating in a report on Wednesday, July 31st. Finally, Evercore ISI upped their target price on shares of TopBuild from $529.00 to $555.00 and gave the company an “outperform” rating in a report on Monday, July 15th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $461.89.

Insider Buying and Selling

In related news, CEO Robert M. Buck sold 2,500 shares of the stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of $418.05, for a total transaction of $1,045,125.00. Following the completion of the transaction, the chief executive officer now directly owns 69,468 shares of the company’s stock, valued at $29,041,097.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other TopBuild news, CEO Robert M. Buck sold 2,500 shares of the stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of $418.05, for a total value of $1,045,125.00. Following the completion of the transaction, the chief executive officer now directly owns 69,468 shares of the company’s stock, valued at $29,041,097.40. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Robert M. Buck sold 5,000 shares of the stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $403.72, for a total transaction of $2,018,600.00. Following the completion of the transaction, the chief executive officer now directly owns 71,968 shares of the company’s stock, valued at $29,054,920.96. The disclosure for this sale can be found here. Insiders sold 8,340 shares of company stock valued at $3,407,994 over the last ninety days. Corporate insiders own 0.46% of the company’s stock.

About TopBuild

TopBuild Corp., together with its subsidiaries, engages in the installation and distribution of insulation and other building material products to the construction industry. The company operates in two segments, Installation and Specialty Distribution. It provides insulation products and accessories, glass and windows, rain gutters, garage doors, fireplaces, roofing materials, closet shelving, and other products.