TopBuild Corp. (BLD) Getting Favorable News Coverage, Analysis Shows

Media headlines about TopBuild Corp. (NYSE:BLD) have trended positive on Tuesday, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TopBuild Corp. earned a news impact score of 0.31 on Accern’s scale. Accern also gave news headlines about the construction company an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an impact on the company’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:

A number of equities research analysts have recently weighed in on BLD shares. Zacks Investment Research raised TopBuild Corp. from a “sell” rating to a “hold” rating and set a $49.00 price objective for the company in a research note on Thursday, March 2nd. Seaport Global Securities started coverage on TopBuild Corp. in a research note on Thursday, March 16th. They issued a “buy” rating and a $52.00 price objective for the company. Instinet lifted their price objective on TopBuild Corp. from $45.00 to $50.00 and gave the company a “neutral” rating in a research note on Wednesday, May 10th. Nomura started coverage on TopBuild Corp. in a research note on Wednesday, April 12th. They issued a “neutral” rating and a $45.00 price objective for the company. Finally, TheStreet raised TopBuild Corp. from a “c” rating to a “b-” rating in a research note on Friday, June 16th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $51.00.

Shares of TopBuild Corp. (NYSE:BLD) opened at 53.91 on Tuesday. The stock has a 50 day moving average price of $52.47 and a 200-day moving average price of $44.26. TopBuild Corp. has a 52 week low of $28.81 and a 52 week high of $54.78. The firm has a market capitalization of $1.99 billion, a PE ratio of 33.93 and a beta of 0.65.

TopBuild Corp. (NYSE:BLD) last announced its quarterly earnings results on Tuesday, May 9th. The construction company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.08. TopBuild Corp. had a return on equity of 8.21% and a net margin of 3.38%. The firm had revenue of $441.36 million during the quarter, compared to the consensus estimate of $432.01 million. During the same period in the prior year, the firm earned $0.31 EPS. The firm’s quarterly revenue was up 6.6% compared to the same quarter last year. Equities analysts anticipate that TopBuild Corp. will post $2.71 earnings per share for the current year.

In related news, COO Robert M. Buck sold 10,000 shares of the stock in a transaction on Thursday, May 11th. The stock was sold at an average price of $52.00, for a total value of $520,000.00. Following the completion of the sale, the chief operating officer now directly owns 59,204 shares in the company, valued at approximately $3,078,608. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.30% of the stock is currently owned by corporate insiders.

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TopBuild Corp. 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.

Insider Buying and Selling by Quarter for TopBuild Corp. (NYSE:BLD)

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