FY2025 Earnings Estimate for TopBuild Issued By DA Davidson

TopBuild Corp. (NYSE:BLD) – Investment analysts at DA Davidson cut their FY2025 earnings per share estimates for TopBuild in a research report issued on Thursday, March 6th. DA Davidson analyst K. Yinger now expects that the construction company will post earnings of $19.78 per share for the year, down from their previous estimate of $22.85. The consensus estimate for TopBuild’s current full-year earnings is $20.97 per share.

TopBuild (NYSE:BLD) last issued its earnings results on Tuesday, February 25th. The construction company reported $5.13 EPS for the quarter, topping the consensus estimate of $5.07 by $0.06. The firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.31 billion. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The business’s quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.69 earnings per share.

Other research analysts also recently issued research reports about the company. Evercore ISI downgraded TopBuild from an “outperform” rating to an “inline” rating and lowered their price objective for the company from $443.00 to $381.00 in a research note on Monday, December 16th. Loop Capital lowered their price objective on TopBuild from $405.00 to $390.00 and set a “buy” rating for the company in a research note on Thursday, February 27th. Seaport Res Ptn downgraded TopBuild from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 13th. Truist Financial lowered their price objective on TopBuild from $395.00 to $310.00 and set a “hold” rating for the company in a research note on Thursday, February 27th. Finally, StockNews.com downgraded TopBuild from a “buy” rating to a “hold” rating in a research note on Wednesday, February 26th. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $411.78.

TopBuild Stock Performance

TopBuild stock opened at $308.51 on Monday. The business has a 50 day moving average of $325.00 and a 200-day moving average of $357.09. TopBuild has a 1 year low of $288.31 and a 1 year high of $495.68. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.01 and a quick ratio of 1.49. The company has a market capitalization of $9.02 billion, a P/E ratio of 15.57, a P/E/G ratio of 1.82 and a beta of 1.89.

Institutional Trading of TopBuild

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. CIBC Asset Management Inc boosted its holdings in shares of TopBuild by 3.6% during the 3rd quarter. CIBC Asset Management Inc now owns 919 shares of the construction company’s stock worth $374,000 after buying an additional 32 shares in the last quarter. Sheaff Brock Investment Advisors LLC boosted its holdings in shares of TopBuild by 0.6% during the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 5,360 shares of the construction company’s stock worth $2,181,000 after buying an additional 33 shares in the last quarter. Snowden Capital Advisors LLC boosted its holdings in shares of TopBuild by 2.5% during the 4th quarter. Snowden Capital Advisors LLC now owns 1,377 shares of the construction company’s stock worth $429,000 after buying an additional 33 shares in the last quarter. Atlanta Consulting Group Advisors LLC boosted its holdings in shares of TopBuild by 1.5% during the 3rd quarter. Atlanta Consulting Group Advisors LLC now owns 2,699 shares of the construction company’s stock worth $1,098,000 after buying an additional 39 shares in the last quarter. Finally, Pathstone Holdings LLC boosted its holdings in shares of TopBuild by 1.0% during the 3rd quarter. Pathstone Holdings LLC now owns 4,208 shares of the construction company’s stock worth $1,712,000 after buying an additional 41 shares in the last quarter. Institutional investors and hedge funds own 95.67% of the company’s stock.

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.