According to Zacks, “TopBuild Corp. is the installer and distributor of insulation products to the construction industry primarily in the United States. The company also installs and distributes other building products, which consists of rain gutters, garage doors, fireplaces, shower enclosures, closet shelving and roofing. It offers insulation installation services. TopBuild Corp. TopBuild Corp. is headquartered in Daytona Beach, FL. “
TopBuild Corp. (NYSE:BLD) opened at 33.20 on Wednesday. The stock has a 50 day moving average of $33.71 and a 200-day moving average of $34.04. TopBuild Corp. has a 52-week low of $23.02 and a 52-week high of $38.94. The company has a market capitalization of $1.28 billion, a P/E ratio of 12.27 and a beta of 0.19.
TopBuild Corp. (NYSE:BLD) last issued its quarterly earnings data on Thursday, August 4th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.45 by $0.02. The business had revenue of $432 million for the quarter, compared to the consensus estimate of $446.65 million. TopBuild Corp. had a net margin of 6.07% and a return on equity of 7.36%. TopBuild Corp.’s revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.27 EPS. On average, equities analysts forecast that TopBuild Corp. will post ($0.15) earnings per share for the current year.
A number of institutional investors have recently modified their holdings of the stock. Norges Bank acquired a new position in shares of TopBuild Corp. during the fourth quarter valued at $9,939,000. Nisa Investment Advisors L.L.C. acquired a new position in shares of TopBuild Corp. during the first quarter valued at $715,000. Prudential Financial Inc. raised its position in shares of TopBuild Corp. by 3.4% in the first quarter. Prudential Financial Inc. now owns 89,031 shares of the company’s stock valued at $2,648,000 after buying an additional 2,900 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of TopBuild Corp. by 955.0% in the first quarter. JPMorgan Chase & Co. now owns 254,490 shares of the company’s stock valued at $7,568,000 after buying an additional 230,368 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp raised its position in shares of TopBuild Corp. by 12.7% in the first quarter. OMERS ADMINISTRATION Corp now owns 16,000 shares of the company’s stock valued at $476,000 after buying an additional 1,800 shares during the last quarter. 93.49% of the stock is currently owned by hedge funds and other institutional investors.
About TopBuild Corp.
TopBuild Corp. installs and distributes insulation products to the United States construction industry. The Company operates through two segments: Installation (TruTeam) and Distribution (Service Partners). The Company’s Installation segment principally includes the sales and installation of insulation and other building products.
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