TopBuild (BLD) Scheduled to Post Earnings on Tuesday

TopBuild (NYSE:BLD) will post its quarterly earnings results 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.Individual interested in registering for the company’s earnings conference call can do so using this link.

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

TopBuild Price Performance

Shares of NYSE BLD opened at $402.52 on Monday. TopBuild has a twelve month low of $199.31 and a twelve month high of $452.87. The company has a 50 day moving average of $414.25 and a 200 day moving average of $361.14. The company has a quick ratio of 2.18, a current ratio of 2.66 and a debt-to-equity ratio of 0.54. The firm has a market cap of $12.81 billion, a P/E ratio of 20.82, a PEG ratio of 2.94 and a beta of 1.67.

Wall Street Analyst Weigh In

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