TopBuild (BLD) Given Coverage Optimism Rating of 0.18
News headlines about TopBuild (NYSE:BLD) have been trending somewhat positive on Wednesday, Accern reports. Accern scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TopBuild earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned media coverage about the construction company an impact score of 46.2856585216307 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of TopBuild (NYSE:BLD) opened at $76.99 on Wednesday. The company has a market cap of $2,740.00 and a P/E ratio of 37.93. The company has a current ratio of 1.36, a quick ratio of 1.02 and a debt-to-equity ratio of 0.26. TopBuild has a 12-month low of $36.09 and a 12-month high of $77.70.
TopBuild (NYSE:BLD) last released its quarterly earnings results on Tuesday, November 7th. The construction company reported $0.83 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.82 by $0.01. The firm had revenue of $489.04 million for the quarter, compared to analyst estimates of $491.43 million. TopBuild had a net margin of 4.03% and a return on equity of 9.88%. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.63 EPS. analysts forecast that TopBuild will post 2.75 earnings per share for the current year.
A number of research analysts have weighed in on BLD shares. ValuEngine lowered shares of TopBuild from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Nomura raised their target price on shares of TopBuild from $58.00 to $61.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 8th. SunTrust Banks reissued a “buy” rating and issued a $75.00 target price on shares of TopBuild in a research note on Wednesday, October 4th. Zacks Investment Research raised shares of TopBuild from a “hold” rating to a “buy” rating and set a $85.00 target price on the stock in a research note on Friday, January 5th. Finally, Jefferies Group started coverage on shares of TopBuild in a research note on Tuesday, December 12th. They issued a “buy” rating and a $79.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. TopBuild presently has a consensus rating of “Buy” and a consensus price target of $68.29.
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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