Key Points
- TopBuild VP Luis Francisco Machado sold 1,000 shares on November 26 at an average price of $450.40 for total proceeds of $450,400, reducing his stake by 9.66% to 9,349 shares valued at about $4.21 million.
- TopBuild beat recent expectations with quarterly EPS of $5.36 (vs. $5.22 consensus) and revenue of $1.39 billion, while reporting a 1.4% year-over-year revenue rise, a return on equity of 27.1% and a net margin of 10.84%.
- The stock traded near $452.63, with a 52-week range of $266.26–$461.49 and a market cap of $12.71 billion, and analysts hold a consensus rating of Moderate Buy with an average price target of $430.
TopBuild Corp. (NYSE:BLD - Get Free Report) VP Luis Francisco Machado sold 1,000 shares of the stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $450.40, for a total value of $450,400.00. Following the completion of the transaction, the vice president owned 9,349 shares of the company's stock, valued at $4,210,789.60. The trade was a 9.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
TopBuild Price Performance
NYSE:BLD opened at $452.63 on Friday. TopBuild Corp. has a 52 week low of $266.26 and a 52 week high of $461.49. The stock's fifty day moving average is $422.81 and its two-hundred day moving average is $383.18. The company has a market capitalization of $12.71 billion, a P/E ratio of 22.98, a P/E/G ratio of 7.59 and a beta of 1.64. The company has a quick ratio of 2.45, a current ratio of 2.90 and a debt-to-equity ratio of 1.26.
TopBuild (NYSE:BLD - Get Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The construction company reported $5.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.22 by $0.14. The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.38 billion. TopBuild had a return on equity of 27.10% and a net margin of 10.84%.The company's quarterly revenue was up 1.4% on a year-over-year basis. During the same period last year, the company earned $5.68 EPS. TopBuild has set its FY 2025 guidance at EPS. Equities analysts expect that TopBuild Corp. will post 20.97 EPS for the current year.
Institutional Trading of TopBuild
A number of large investors have recently modified their holdings of BLD. Advisory Services Network LLC acquired a new stake in shares of TopBuild in the third quarter valued at $27,000. Root Financial Partners LLC purchased a new stake in TopBuild during the 3rd quarter worth about $34,000. SVB Wealth LLC acquired a new stake in TopBuild in the 1st quarter valued at about $35,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of TopBuild in the 2nd quarter valued at about $35,000. Finally, MAI Capital Management grew its position in shares of TopBuild by 28.3% during the second quarter. MAI Capital Management now owns 118 shares of the construction company's stock worth $38,000 after buying an additional 26 shares in the last quarter. Hedge funds and other institutional investors own 95.67% of the company's stock.
Analyst Ratings Changes
A number of research firms have recently issued reports on BLD. Royal Bank Of Canada began coverage on shares of TopBuild in a research note on Thursday, November 20th. They issued a "sector perform" rating and a $410.00 price target on the stock. Truist Financial boosted their target price on TopBuild from $370.00 to $390.00 and gave the company a "hold" rating in a research report on Thursday, October 9th. Seaport Res Ptn upgraded TopBuild from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 6th. DA Davidson lifted their price objective on TopBuild from $465.00 to $485.00 and gave the company a "buy" rating in a research note on Wednesday, November 5th. Finally, Benchmark increased their target price on TopBuild from $444.00 to $515.00 and gave the stock a "buy" rating in a research note on Wednesday, November 5th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $430.00.
Check Out Our Latest Stock Report on BLD
About TopBuild
(
Get Free Report)
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.
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