TopBuild (NYSE:BLD) Posts Earnings Results

TopBuild (NYSE:BLD) released its quarterly earnings data on Tuesday. The construction company reported $5.13 earnings per share for the quarter, beating analysts’ consensus estimates of $5.07 by $0.06, Zacks reports. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same period last year, the firm earned $4.69 earnings per share. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. TopBuild updated its FY 2025 guidance to EPS.

TopBuild Stock Performance

NYSE BLD opened at $305.34 on Thursday. TopBuild has a 52-week low of $295.19 and a 52-week high of $495.68. The company has a 50-day simple moving average of $326.18 and a 200 day simple moving average of $360.89. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.49 and a current ratio of 2.01. The company has a market capitalization of $9.01 billion, a PE ratio of 15.41, a price-to-earnings-growth ratio of 1.82 and a beta of 1.85.

Wall Street Analyst Weigh In

A number of research firms have weighed in on BLD. The Goldman Sachs Group dropped their price objective on shares of TopBuild from $475.00 to $410.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Evercore ISI downgraded shares of TopBuild from an “outperform” rating to an “inline” rating and lowered their target price for the company from $443.00 to $381.00 in a report on Monday, December 16th. Seaport Res Ptn downgraded shares of TopBuild from a “strong-buy” rating to a “hold” rating in a report on Friday, December 13th. StockNews.com downgraded shares of TopBuild from a “buy” rating to a “hold” rating in a report on Wednesday. Finally, DA Davidson lowered their target price on shares of TopBuild from $460.00 to $450.00 and set a “buy” rating for the company in a report on Thursday, November 7th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $437.00.

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.