TopBuild Corp (NYSE:BLD) VP Paul Joachimczyk sold 2,227 shares of the firm’s stock in a transaction dated Wednesday, March 7th. The shares were sold at an average price of $76.15, for a total transaction of $169,586.05. Following the completion of the sale, the vice president now owns 7,699 shares in the company, valued at $586,278.85. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
Shares of TopBuild Corp (NYSE BLD) opened at $77.51 on Friday. The company has a market cap of $2,754.71, a P/E ratio of 17.66 and a beta of 0.68. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.46 and a quick ratio of 1.08. TopBuild Corp has a 12 month low of $43.51 and a 12 month high of $78.64.
TopBuild (NYSE:BLD) last released its earnings results on Tuesday, February 27th. The construction company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.03. The company had revenue of $501.40 million during the quarter, compared to analysts’ expectations of $491.80 million. TopBuild had a net margin of 8.30% and a return on equity of 10.65%. TopBuild’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same period last year, the business earned $0.59 EPS. analysts anticipate that TopBuild Corp will post 3.9 earnings per share for the current fiscal year.
BLD has been the topic of a number of recent analyst reports. ValuEngine cut shares of TopBuild from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Jefferies Group initiated coverage on shares of TopBuild in a report on Tuesday, December 12th. They issued a “buy” rating and a $79.00 price target on the stock. Nomura upgraded shares of TopBuild from a “neutral” rating to a “buy” rating and raised their price target for the company from $69.00 to $78.00 in a report on Monday, December 18th. Zacks Investment Research upgraded shares of TopBuild from a “hold” rating to a “buy” rating and set a $85.00 target price for the company in a research note on Friday, January 5th. Finally, SunTrust Banks lifted their target price on shares of TopBuild to $82.00 and gave the stock a “reduce” rating in a research note on Wednesday, February 28th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $69.43.
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). Its Installation segment principally includes the sales and installation of insulation and other building products.
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