TopBuild Corp. (NYSE:BLD – Get Rating) insider Robert Jeffrey Franklin sold 1,000 shares of the stock in a transaction on Wednesday, May 10th. The stock was sold at an average price of $212.97, for a total value of $212,970.00. Following the transaction, the insider now directly owns 19,091 shares in the company, valued at approximately $4,065,810.27. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
TopBuild Price Performance
BLD opened at $211.54 on Friday. TopBuild Corp. has a 52-week low of $140.66 and a 52-week high of $227.08. The company has a 50 day moving average of $203.77 and a two-hundred day moving average of $183.58. The company has a market cap of $6.72 billion, a P/E ratio of 11.77 and a beta of 1.50. The company has a quick ratio of 1.58, a current ratio of 2.15 and a debt-to-equity ratio of 0.68.
TopBuild (NYSE:BLD – Get Rating) last announced its quarterly earnings results on Thursday, May 4th. The construction company reported $4.36 earnings per share for the quarter, topping analysts’ consensus estimates of $4.06 by $0.30. TopBuild had a net margin of 11.31% and a return on equity of 30.52%. The firm had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.26 billion. During the same period in the prior year, the company earned $3.50 EPS. The firm’s revenue was up 8.2% on a year-over-year basis. On average, analysts expect that TopBuild Corp. will post 15.54 earnings per share for the current year.
Institutional Investors Weigh In On TopBuild
Analysts Set New Price Targets
Several equities analysts recently weighed in on BLD shares. Loop Capital increased their target price on TopBuild from $210.00 to $225.00 in a research report on Friday, May 5th. StockNews.com initiated coverage on shares of TopBuild in a report on Thursday, March 16th. They set a “buy” rating on the stock. KeyCorp boosted their target price on shares of TopBuild from $205.00 to $225.00 and gave the company an “overweight” rating in a report on Wednesday, February 8th. Finally, Stephens increased their price target on shares of TopBuild from $230.00 to $250.00 in a research note on Monday, May 8th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $226.14.
TopBuild Corp. engages in the installation and distribution of insulation products and other building products to the U.S. and Canadian construction industry. It operates through the following segments: Installation, Specialty Distribution, and Corporate. The Installation segment provides insulation installation services nationwide through its TruTeam contractor services and business branches located in the U.S.
- Get a free copy of the StockNews.com research report on TopBuild (BLD)
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