TopBuild (NYSE:BLD) Downgraded by Loop Capital to “Hold”

Loop Capital lowered shares of TopBuild (NYSE:BLD) from a buy rating to a hold rating in a research report released on Wednesday morning, MarketBeat.com reports. The brokerage currently has $485.00 target price on the construction company’s stock.

Other analysts have also issued reports about the company. Seaport Research Partners reissued a “neutral” rating on shares of TopBuild in a report on Tuesday, April 7th. DA Davidson reissued a “neutral” rating and set a $437.00 target price (down from $465.00) on shares of TopBuild in a report on Wednesday. Wells Fargo & Company reduced their target price on TopBuild from $525.00 to $475.00 and set an “overweight” rating on the stock in a report on Wednesday, April 8th. Weiss Ratings lowered TopBuild from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 27th. Finally, Benchmark reduced their target price on TopBuild from $515.00 to $500.00 and set a “buy” rating on the stock in a report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, TopBuild has a consensus rating of “Hold” and an average price target of $456.28.

TopBuild Stock Performance

Shares of NYSE BLD opened at $438.97 on Wednesday. The company has a debt-to-equity ratio of 1.16, a current ratio of 2.00 and a quick ratio of 1.34. The stock’s fifty day moving average price is $400.28 and its two-hundred day moving average price is $436.68. TopBuild has a one year low of $273.87 and a one year high of $559.47. The firm has a market cap of $12.36 billion, a price-to-earnings ratio of 24.66, a P/E/G ratio of 5.39 and a beta of 1.85.

TopBuild (NYSE:BLD) last issued its quarterly earnings data on Tuesday, May 5th. The construction company reported $3.75 EPS for the quarter, beating analysts’ consensus estimates of $3.64 by $0.11. TopBuild had a return on equity of 23.53% and a net margin of 8.95%.The firm had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same period in the prior year, the firm posted $4.63 EPS. The company’s revenue for the quarter was up 17.2% on a year-over-year basis. On average, equities analysts forecast that TopBuild will post 18.12 EPS for the current year.

Institutional Trading of TopBuild

Several large investors have recently bought and sold shares of BLD. Victory Capital Management Inc. boosted its stake in TopBuild by 464.5% in the fourth quarter. Victory Capital Management Inc. now owns 777,666 shares of the construction company’s stock valued at $324,434,000 after buying an additional 639,915 shares in the last quarter. Capital International Investors boosted its stake in TopBuild by 71.1% in the fourth quarter. Capital International Investors now owns 1,518,093 shares of the construction company’s stock valued at $633,346,000 after buying an additional 630,857 shares in the last quarter. Orion Porfolio Solutions LLC boosted its stake in TopBuild by 7,961.7% in the second quarter. Orion Porfolio Solutions LLC now owns 395,747 shares of the construction company’s stock valued at $128,119,000 after buying an additional 390,838 shares in the last quarter. Norges Bank acquired a new stake in TopBuild in the fourth quarter valued at about $104,947,000. Finally, Artisan Partners Limited Partnership acquired a new stake in TopBuild in the fourth quarter valued at about $101,450,000. 95.67% of the stock is owned by institutional investors and hedge funds.

TopBuild News Roundup

Here are the key news stories impacting TopBuild this week:

• Positive Sentiment: Q1 results beat revenue and EPS estimates — TopBuild reported revenue of $1.45B (+17.2% Y/Y) and EPS of $3.75, topping consensus and highlighting growth from recent acquisitions. Read More.
• Positive Sentiment: Profitability and returns remain solid — the quarter showed healthy margins and strong ROE (reported roughly mid-20% range), which supports earnings quality despite EPS being lower than a year ago. Read More.
• Neutral Sentiment: Analyst write-ups and earnings snapshots provide context on key metrics — several outlets and research notes dig into segment trends, estimate comparisons and year-ago EPS headwinds. Useful for investors wanting detail on margin drivers and acquisition contribution. Read More.
• Negative Sentiment: Loop Capital downgraded BLD from Buy to Hold and set a $485 price target, signaling reduced conviction in near-term upside despite the beat; this could limit further immediate gains from investors who follow that shop. Read More.

About TopBuild

TopBuild Corp. (NYSE: BLD) is a leading installer and distributor of insulation and building material products serving primarily the U.S. construction market. Headquartered in Daytona Beach, Florida, the company was formed in 2011 as a spin-off from ABF Freight System and has since grown through a combination of organic expansion and targeted acquisitions. TopBuild’s core mission is to enhance energy efficiency and comfort in new residential and light commercial construction projects by providing comprehensive insulation solutions and related services.

The company operates through two main segments.