TopBuild (NYSE:BLD) Releases Quarterly Earnings Results, Beats Expectations By $0.06 EPS

TopBuild (NYSE:BLD) posted its quarterly earnings data on Tuesday. The construction company reported $5.13 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same period in the prior year, the company posted $4.69 earnings per share. TopBuild’s revenue for the quarter was up 2.0% compared to the same quarter last year. TopBuild updated its FY 2025 guidance to EPS.

TopBuild Stock Down 1.6 %

Shares of NYSE BLD opened at $305.34 on Thursday. TopBuild has a 12-month low of $295.19 and a 12-month high of $495.68. The firm has a market cap of $9.01 billion, a PE ratio of 15.41, a P/E/G ratio of 1.82 and a beta of 1.85. The company’s fifty day simple moving average is $326.18 and its 200 day simple moving average is $360.89. The company has a quick ratio of 1.49, a current ratio of 2.01 and a debt-to-equity ratio of 0.64.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on BLD. Evercore ISI cut shares of TopBuild from an “outperform” rating to an “inline” rating and decreased their price objective 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 shares of TopBuild from $475.00 to $410.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. DA Davidson decreased their price objective on shares of TopBuild from $460.00 to $450.00 and set a “buy” rating for the company in a research report on Thursday, November 7th. Seaport Res Ptn cut shares of TopBuild from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 13th. Finally, StockNews.com lowered shares of TopBuild from a “buy” rating to a “hold” rating in a research note on Wednesday. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, TopBuild presently has an average rating of “Moderate Buy” and a consensus target price 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.