TopBuild (NYSE:BLD) Rating Lowered to Hold at Loop Capital

TopBuild (NYSE:BLD) was downgraded by equities research analysts at Loop Capital from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, Marketbeat.com reports. They currently have a $485.00 price target on the construction company’s stock. Loop Capital’s price target would indicate a potential upside of 13.03% from the company’s current price.

A number of other analysts also recently weighed in on the company. Royal Bank Of Canada upped their target price on TopBuild from $410.00 to $433.00 and gave the company a “sector perform” rating in a research report on Friday, February 27th. Wells Fargo & Company cut their target price on TopBuild from $525.00 to $475.00 and set an “overweight” rating for the company in a research report on Wednesday, April 8th. Benchmark lowered their price target on TopBuild from $515.00 to $500.00 and set a “buy” rating for the company in a report on Friday, February 27th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $496.00 price target (up from $487.00) on shares of TopBuild in a report on Tuesday, April 21st. Finally, Seaport Research Partners reissued a “neutral” rating on shares of TopBuild in a report on Tuesday, April 7th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $451.28.

TopBuild Stock Performance

NYSE:BLD opened at $429.09 on Wednesday. The stock has a fifty day moving average price of $401.60 and a 200-day moving average price of $436.65. The company has a market cap of $12.08 billion, a price-to-earnings ratio of 23.45, a PEG ratio of 5.41 and a beta of 1.85. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.34 and a current ratio of 1.94. TopBuild has a fifty-two week low of $273.87 and a fifty-two week high of $559.47.

TopBuild (NYSE:BLD) last released its earnings results on Tuesday, May 5th. The construction company reported $3.75 earnings per share for the quarter, beating analysts’ consensus estimates of $3.64 by $0.11. The firm had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.41 billion. TopBuild had a return on equity of 25.66% and a net margin of 9.65%.The company’s revenue was up 17.2% compared to the same quarter last year. During the same period in the prior year, the company posted $4.63 EPS. As a group, equities analysts anticipate that TopBuild will post 18.12 EPS for the current fiscal year.

Hedge Funds Weigh In On TopBuild

A number of institutional investors have recently modified their holdings of BLD. Capital Research Global Investors increased its holdings in TopBuild by 2.8% in the 4th quarter. Capital Research Global Investors now owns 3,594,131 shares of the construction company’s stock worth $1,499,500,000 after purchasing an additional 97,247 shares in the last quarter. Capital International Investors increased its holdings in TopBuild by 71.1% in the 4th quarter. Capital International Investors now owns 1,518,093 shares of the construction company’s stock worth $633,346,000 after purchasing an additional 630,857 shares in the last quarter. Capital World Investors increased its holdings in TopBuild by 0.9% in the 4th quarter. Capital World Investors now owns 872,309 shares of the construction company’s stock worth $363,919,000 after purchasing an additional 7,735 shares in the last quarter. Bank of America Corp DE increased its holdings in TopBuild by 14.8% in the 2nd quarter. Bank of America Corp DE now owns 847,436 shares of the construction company’s stock worth $274,349,000 after purchasing an additional 109,572 shares in the last quarter. Finally, Boston Partners increased its holdings in TopBuild by 1.0% in the 3rd quarter. Boston Partners now owns 781,561 shares of the construction company’s stock worth $305,662,000 after purchasing an additional 7,400 shares in the last quarter. Institutional investors and hedge funds own 95.67% of the company’s stock.

TopBuild News Roundup

Here are the key news stories impacting TopBuild this week:

• Positive Sentiment: TopBuild topped estimates: Q1 revenue $1.45B vs. ~$1.41B expected and EPS $3.75 vs. $3.64 consensus; revenue grew 17.2% year-over-year. This beat is the primary reason the stock is trading higher following the print. Read More.
• Positive Sentiment: Profitability remains strong — net margin ~9.65% and return on equity ~25.7% — indicating solid operating leverage and cash generation that support investor confidence. Read More.
• Neutral Sentiment: Growth was driven in part by recent acquisitions, which boosted sales but introduce integration and cost synergies timing considerations investors will monitor. Read More.
• Neutral Sentiment: Multiple outlets and snapshots are circulating the same results (Zacks, Yahoo, Business Insider), so near-term price moves reflect broad market digestion rather than a surprise. Read More.
• Negative Sentiment: EPS fell year-over-year (Q1 EPS $3.75 vs. $4.63 a year ago), which highlights margin pressure versus the prior period and may temper enthusiasm despite the beat. Read More.
• Negative Sentiment: The company carries leverage (debt-to-equity ~1.21) and is using acquisitions to drive growth; investors will watch cash flow conversion, integration execution and any guidance commentary for risks. No direct article link — see company filing/release.

About TopBuild

TopBuild Corp. (NYSE: BLD) is a leading installer and distributor of insulation and building material products serving primarily the U.S. construction market. Headquartered in Daytona Beach, Florida, the company was formed in 2011 as a spin-off from ABF Freight System and has since grown through a combination of organic expansion and targeted acquisitions. TopBuild’s core mission is to enhance energy efficiency and comfort in new residential and light commercial construction projects by providing comprehensive insulation solutions and related services.

The company operates through two main segments.