Brokerages expect that TopBuild Corp (NYSE:BLD) will post earnings per share (EPS) of $0.81 for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for TopBuild’s earnings. The lowest EPS estimate is $0.78 and the highest is $0.85. TopBuild reported earnings per share of $0.59 in the same quarter last year, which indicates a positive year-over-year growth rate of 37.3%. The company is expected to issue its next earnings report before the market opens on Tuesday, February 27th.

On average, analysts expect that TopBuild will report full-year earnings of $2.75 per share for the current fiscal year, with EPS estimates ranging from $2.72 to $2.80. For the next fiscal year, analysts forecast that the firm will report earnings of $3.64 per share, with EPS estimates ranging from $3.40 to $4.09. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that cover TopBuild.

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Several equities research analysts have commented on the company. Zacks Investment Research upgraded TopBuild from a “hold” rating to a “buy” rating and set a $86.00 price objective on the stock in a research report on Tuesday, January 16th. Jefferies Group assumed coverage on TopBuild in a research report on Tuesday, December 12th. They issued a “buy” rating and a $79.00 price objective on the stock. ValuEngine upgraded TopBuild from a “hold” rating to a “buy” rating in a research report on Friday, November 10th. Nomura upped their price objective on TopBuild from $58.00 to $61.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 8th. Finally, KeyCorp restated an “overweight” rating on shares of TopBuild in a research report on Friday, November 10th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $68.43.

A number of institutional investors have recently added to or reduced their stakes in BLD. Wells Fargo & Company MN boosted its position in TopBuild by 16.4% in the 2nd quarter. Wells Fargo & Company MN now owns 41,691 shares of the construction company’s stock worth $2,212,000 after purchasing an additional 5,876 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of TopBuild by 14.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 6,077 shares of the construction company’s stock valued at $323,000 after buying an additional 766 shares in the last quarter. UBS Asset Management Americas Inc. lifted its position in shares of TopBuild by 35.7% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 21,205 shares of the construction company’s stock valued at $1,125,000 after buying an additional 5,583 shares in the last quarter. Northern Trust Corp lifted its position in shares of TopBuild by 1.3% during the 2nd quarter. Northern Trust Corp now owns 531,677 shares of the construction company’s stock valued at $28,216,000 after buying an additional 6,762 shares in the last quarter. Finally, California Public Employees Retirement System lifted its position in shares of TopBuild by 1.3% during the 2nd quarter. California Public Employees Retirement System now owns 72,400 shares of the construction company’s stock valued at $3,842,000 after buying an additional 900 shares in the last quarter. Institutional investors and hedge funds own 94.79% of the company’s stock.

Shares of TopBuild (BLD) traded up $2.29 during midday trading on Friday, reaching $74.50. The company had a trading volume of 178,999 shares, compared to its average volume of 233,899. The stock has a market capitalization of $2,569.19, a price-to-earnings ratio of 36.70 and a beta of 0.51. TopBuild has a 52-week low of $37.50 and a 52-week high of $78.64. The company has a current ratio of 1.36, a quick ratio of 1.02 and a debt-to-equity ratio of 0.26.

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TopBuild Company Profile

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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Earnings History and Estimates for TopBuild (NYSE:BLD)

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