TopBuild (BLD) Set to Announce Earnings on Tuesday

TopBuild (NYSE:BLD) will release its earnings data before the market opens on Tuesday, May 7th. Analysts expect TopBuild to post earnings of $4.55 per share for the quarter. TopBuild has set its FY 2024 guidance at EPS.Investors that wish to register for the company’s conference call can do so using this link.

TopBuild (NYSE:BLD) last issued its earnings results on Wednesday, February 28th. The construction company reported $4.69 EPS for the quarter, topping the consensus estimate of $4.60 by $0.09. TopBuild had a return on equity of 27.03% and a net margin of 11.82%. The firm had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the previous year, the firm earned $4.40 earnings per share. The business’s quarterly revenue was up 1.7% on a year-over-year basis. On average, analysts expect TopBuild to post $21 EPS for the current fiscal year and $22 EPS for the next fiscal year.

TopBuild Stock Performance

Shares of BLD stock opened at $402.52 on Friday. The firm has a market capitalization of $12.81 billion, a price-to-earnings ratio of 20.82, a PEG ratio of 2.98 and a beta of 1.67. TopBuild has a 12 month low of $199.31 and a 12 month high of $452.87. The business’s 50-day moving average price is $414.25 and its 200-day moving average price is $360.22. The company has a current ratio of 2.66, a quick ratio of 2.18 and a debt-to-equity ratio of 0.54.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Bank of America increased their price objective on shares of TopBuild from $410.00 to $475.00 and gave the stock a “buy” rating in a research report on Thursday, March 14th. StockNews.com upgraded TopBuild from a “hold” rating to a “buy” rating in a research report on Saturday, April 6th. DA Davidson started coverage on TopBuild in a report on Tuesday, March 5th. They set a “buy” rating and a $470.00 price objective on the stock. Evercore ISI raised their target price on TopBuild from $469.00 to $527.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 2nd. Finally, Loop Capital upgraded TopBuild from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, TopBuild currently has an average rating of “Moderate Buy” and a consensus target price of $418.90.

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.