TopBuild (NYSE:BLD) Announces Earnings Results

TopBuild (NYSE:BLD) issued its earnings results on Tuesday. The construction company reported $5.13 EPS for the quarter, topping the consensus estimate of $5.07 by $0.06, Zacks reports. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.31 billion. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The business’s revenue was up 2.0% on a year-over-year basis. During the same period in the previous year, the firm earned $4.69 EPS. TopBuild updated its FY 2025 guidance to EPS.

TopBuild Trading Up 2.8 %

TopBuild stock opened at $310.61 on Wednesday. The stock has a 50-day moving average price of $326.44 and a 200 day moving average price of $361.28. TopBuild has a 52 week low of $295.19 and a 52 week high of $495.68. The stock has a market cap of $9.16 billion, a PE ratio of 15.67, a P/E/G ratio of 1.82 and a beta of 1.85. The company has a current ratio of 2.01, a quick ratio of 1.49 and a debt-to-equity ratio of 0.64.

Analyst Ratings Changes

Several equities research analysts have recently commented on BLD shares. DA Davidson decreased their price target on TopBuild from $460.00 to $450.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. Seaport Res Ptn downgraded TopBuild from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 13th. The Goldman Sachs Group dropped their price target on TopBuild from $475.00 to $410.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Evercore ISI downgraded TopBuild from an “outperform” rating to an “inline” rating and cut their price target for the stock from $443.00 to $381.00 in a research note on Monday, December 16th. Finally, StockNews.com raised shares of TopBuild from a “hold” rating to a “buy” rating in a research note on Tuesday, October 29th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $437.00.

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.