News articles about TopBuild (NYSE:BLD) have trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TopBuild earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news articles about the construction company an impact score of 46.1279987827713 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of TopBuild opened at $84.87 on Friday, according to MarketBeat.com. The company has a market capitalization of $3.01 billion, a PE ratio of 30.53 and a beta of 0.57. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.06 and a current ratio of 1.46. TopBuild has a 12-month low of $51.64 and a 12-month high of $85.90.
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TopBuild (NYSE:BLD) last announced its quarterly earnings data on Tuesday, May 8th. The construction company reported $0.73 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.66 by $0.07. The company had revenue of $491.00 million for the quarter, compared to analysts’ expectations of $486.34 million. TopBuild had a net margin of 9.52% and a return on equity of 11.49%. The business’s revenue was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS. research analysts forecast that TopBuild will post 4.15 EPS for the current fiscal year.
A number of research firms have commented on BLD. Zacks Investment Research downgraded shares of TopBuild from a “buy” rating to a “hold” rating in a research report on Friday, May 11th. ValuEngine upgraded shares of TopBuild from a “hold” rating to a “buy” rating in a research report on Wednesday, May 2nd. SunTrust Banks boosted their price target on shares of TopBuild to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, May 9th. Nomura set a $100.00 price target on shares of TopBuild and gave the stock a “buy” rating in a research report on Tuesday, March 13th. Finally, Jefferies Group reaffirmed a “buy” rating and issued a $91.00 price objective on shares of TopBuild in a research note on Monday, April 23rd. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. TopBuild currently has a consensus rating of “Buy” and an average target price of $86.20.
In other news, CFO John S. Peterson sold 6,932 shares of TopBuild stock in a transaction that occurred on Tuesday, March 6th. The shares were sold at an average price of $75.36, for a total value of $522,395.52. Following the transaction, the chief financial officer now owns 34,943 shares of the company’s stock, valued at approximately $2,633,304.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Paul Joachimczyk sold 2,227 shares of TopBuild stock in a transaction that occurred on Wednesday, March 7th. The stock was sold at an average price of $76.15, for a total transaction of $169,586.05. Following the completion of the transaction, the vice president now directly owns 7,699 shares in the company, valued at approximately $586,278.85. The disclosure for this sale can be found here. Insiders sold a total of 32,271 shares of company stock worth $2,405,043 in the last ninety days. Corporate insiders own 1.30% of the company’s stock.
TopBuild Corp. engages in the installation, distribution, and sale of insulation and other building products to the United States construction industry. The company operates in two segments, Installation and Distribution. It offers rain gutters, garage doors, fireplaces, fireproofing and firestopping products, shower enclosures, closet shelves, accessories, and other building products; and residential insulation services.