FY2025 EPS Estimates for TopBuild Lowered by Zacks Research

TopBuild Corp. (NYSE:BLD) – Equities research analysts at Zacks Research lowered their FY2025 earnings per share (EPS) estimates for TopBuild in a research note issued to investors on Monday, March 10th. Zacks Research analyst S. Mukherjee now anticipates that the construction company will post earnings of $20.76 per share for the year, down from their prior forecast of $22.18. The consensus estimate for TopBuild’s current full-year earnings is $20.97 per share.

BLD has been the topic of several other research reports. The Goldman Sachs Group cut their price objective on TopBuild from $475.00 to $410.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Truist Financial cut their target price on shares of TopBuild from $395.00 to $310.00 and set a “hold” rating on the stock in a research note on Thursday, February 27th. Loop Capital lowered their price target on TopBuild from $405.00 to $390.00 and set a “buy” rating on the stock in a report on Thursday, February 27th. StockNews.com downgraded TopBuild from a “buy” rating to a “hold” rating in a research note on Wednesday, February 26th. Finally, Evercore ISI lowered shares of TopBuild from an “outperform” rating to an “inline” rating and reduced their price target for the stock from $443.00 to $381.00 in a research report on Monday, December 16th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, TopBuild currently has a consensus rating of “Moderate Buy” and a consensus target price of $411.78.

TopBuild Stock Performance

BLD opened at $302.68 on Thursday. The company has a quick ratio of 1.49, a current ratio of 2.01 and a debt-to-equity ratio of 0.64. The firm has a market cap of $8.85 billion, a PE ratio of 15.27, a P/E/G ratio of 1.82 and a beta of 1.89. The business has a fifty day simple moving average of $324.53 and a 200-day simple moving average of $355.40. TopBuild has a fifty-two week low of $288.31 and a fifty-two week high of $495.68.

TopBuild (NYSE:BLD) last released its earnings results on Tuesday, February 25th. The construction company reported $5.13 EPS for the quarter, topping analysts’ consensus estimates of $5.07 by $0.06. The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.31 billion. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The business’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same period in the previous year, the firm earned $4.69 EPS.

Hedge Funds Weigh In On TopBuild

Several hedge funds have recently bought and sold shares of BLD. CIBC Asset Management Inc raised its stake in shares of TopBuild by 3.6% in the 3rd quarter. CIBC Asset Management Inc now owns 919 shares of the construction company’s stock valued at $374,000 after acquiring an additional 32 shares in the last quarter. Sheaff Brock Investment Advisors LLC lifted its position in TopBuild by 0.6% during the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 5,360 shares of the construction company’s stock worth $2,181,000 after acquiring an additional 33 shares during the last quarter. Snowden Capital Advisors LLC boosted its holdings in TopBuild by 2.5% during the fourth quarter. Snowden Capital Advisors LLC now owns 1,377 shares of the construction company’s stock valued at $429,000 after acquiring an additional 33 shares during the period. Atlanta Consulting Group Advisors LLC grew its position in shares of TopBuild by 1.5% in the third quarter. Atlanta Consulting Group Advisors LLC now owns 2,699 shares of the construction company’s stock valued at $1,098,000 after purchasing an additional 39 shares during the last quarter. Finally, Pathstone Holdings LLC increased its stake in shares of TopBuild by 1.0% in the third quarter. Pathstone Holdings LLC now owns 4,208 shares of the construction company’s stock worth $1,712,000 after purchasing an additional 41 shares during the period. 95.67% of the stock is owned by institutional investors and hedge funds.

TopBuild Company Profile

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.