DA Davidson Issues Pessimistic Outlook for TopBuild Earnings

TopBuild Corp. (NYSE:BLD) – Stock analysts at DA Davidson lowered their FY2025 earnings per share (EPS) estimates for TopBuild in a report released on Thursday, March 6th. DA Davidson analyst K. Yinger now expects that the construction company will earn $19.78 per share for the year, down from their previous estimate of $22.85. The consensus estimate for TopBuild’s current full-year earnings is $20.97 per share.

TopBuild (NYSE:BLD) last released its quarterly 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 company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.31 billion. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. TopBuild’s revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the firm posted $4.69 earnings per share.

BLD has been the topic of a number of other research reports. Evercore ISI lowered TopBuild from an “outperform” rating to an “inline” rating and dropped their price target for the stock from $443.00 to $381.00 in a research report on Monday, December 16th. The Goldman Sachs Group decreased their price objective on TopBuild from $475.00 to $410.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. Loop Capital decreased their price objective on TopBuild from $405.00 to $390.00 and set a “buy” rating for the company in a report on Thursday, February 27th. Benchmark decreased their price objective on TopBuild from $445.00 to $375.00 and set a “buy” rating for the company in a report on Monday, March 3rd. Finally, Seaport Res Ptn downgraded TopBuild from a “strong-buy” rating to a “hold” rating in a report on Friday, December 13th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $411.78.

TopBuild Trading Down 3.4 %

NYSE BLD opened at $298.06 on Monday. The firm has a market cap of $8.71 billion, a P/E ratio of 15.04, a P/E/G ratio of 1.82 and a beta of 1.89. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.01 and a quick ratio of 1.49. The stock’s 50-day moving average is $324.71 and its 200-day moving average is $355.77. TopBuild has a one year low of $288.31 and a one year high of $495.68.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB bought a new position in TopBuild in the third quarter valued at approximately $31,000. Winch Advisory Services LLC bought a new position in shares of TopBuild during the 4th quarter worth approximately $26,000. Versant Capital Management Inc boosted its stake in shares of TopBuild by 327.3% during the 4th quarter. Versant Capital Management Inc now owns 94 shares of the construction company’s stock worth $29,000 after acquiring an additional 72 shares during the period. Quantbot Technologies LP bought a new position in shares of TopBuild during the 3rd quarter worth approximately $45,000. Finally, Kennebec Savings Bank bought a new position in shares of TopBuild during the 3rd quarter worth approximately $45,000. 95.67% of the stock is currently owned by institutional investors.

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.