Wall Street analysts forecast that TopBuild Corp (NYSE:BLD) will report $639.08 million in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for TopBuild’s earnings. The highest sales estimate is $644.90 million and the lowest is $625.90 million. TopBuild reported sales of $489.04 million during the same quarter last year, which indicates a positive year-over-year growth rate of 30.7%. The firm is scheduled to report its next earnings results before the market opens on Tuesday, November 6th.

According to Zacks, analysts expect that TopBuild will report full year sales of $2.38 billion for the current year, with estimates ranging from $2.36 billion to $2.39 billion. For the next fiscal year, analysts anticipate that the business will report sales of $2.69 billion, with estimates ranging from $2.64 billion to $2.78 billion. Zacks’ sales averages are an average based on a survey of research analysts that that provide coverage for TopBuild.

TopBuild (NYSE:BLD) last announced its quarterly earnings data on Tuesday, August 7th. The construction company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.08. The firm had revenue of $605.97 million for the quarter, compared to the consensus estimate of $594.43 million. TopBuild had a net margin of 9.10% and a return on equity of 12.42%.

BLD has been the subject of a number of research reports. Stephens cut shares of TopBuild from an “overweight” rating to an “equal” rating and set a $52.00 target price for the company. in a report on Thursday. ValuEngine lowered shares of TopBuild from a “sell” rating to a “strong sell” rating in a report on Friday, September 28th. Macquarie dropped their price objective on shares of TopBuild from $83.00 to $67.00 and set a “neutral” rating for the company in a report on Thursday, September 6th. KeyCorp set a $81.00 price objective on shares of TopBuild and gave the company a “buy” rating in a report on Monday, August 27th. Finally, Seaport Global Securities reiterated a “buy” rating and issued a $94.00 price objective on shares of TopBuild in a report on Sunday, August 12th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $86.70.

TopBuild stock traded down $1.08 during trading hours on Thursday, reaching $44.00. 480,731 shares of the stock were exchanged, compared to its average volume of 382,908. The company has a market capitalization of $1.57 billion, a price-to-earnings ratio of 12.83 and a beta of 0.38. The company has a quick ratio of 1.18, a current ratio of 1.56 and a debt-to-equity ratio of 0.69. TopBuild has a twelve month low of $43.94 and a twelve month high of $87.21.

In other TopBuild news, insider Robert M. Buck sold 17,766 shares of the firm’s stock in a transaction that occurred on Thursday, August 9th. The shares were sold at an average price of $77.40, for a total transaction of $1,375,088.40. Following the completion of the transaction, the insider now owns 62,696 shares in the company, valued at approximately $4,852,670.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP John S. Peterson sold 1,887 shares of the firm’s stock in a transaction that occurred on Friday, August 10th. The stock was sold at an average price of $77.28, for a total transaction of $145,827.36. Following the transaction, the vice president now owns 33,927 shares of the company’s stock, valued at approximately $2,621,878.56. The disclosure for this sale can be found here. 1.30% of the stock is owned by company insiders.

A number of institutional investors have recently added to or reduced their stakes in the business. Stifel Financial Corp raised its stake in shares of TopBuild by 24.8% during the 1st quarter. Stifel Financial Corp now owns 3,352 shares of the construction company’s stock worth $258,000 after purchasing an additional 666 shares during the period. Piedmont Investment Advisors LLC raised its stake in shares of TopBuild by 9.3% during the 2nd quarter. Piedmont Investment Advisors LLC now owns 8,306 shares of the construction company’s stock worth $651,000 after purchasing an additional 710 shares during the period. Amalgamated Bank raised its stake in shares of TopBuild by 14.1% during the 2nd quarter. Amalgamated Bank now owns 5,791 shares of the construction company’s stock worth $454,000 after purchasing an additional 716 shares during the period. Royal Bank of Canada raised its stake in shares of TopBuild by 44.4% during the 1st quarter. Royal Bank of Canada now owns 2,600 shares of the construction company’s stock worth $199,000 after purchasing an additional 800 shares during the period. Finally, LPL Financial LLC raised its stake in shares of TopBuild by 7.0% during the 1st quarter. LPL Financial LLC now owns 12,588 shares of the construction company’s stock worth $963,000 after purchasing an additional 821 shares during the period. Hedge funds and other institutional investors own 95.26% of the company’s stock.

TopBuild Company Profile

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.

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