Wall Street analysts expect TopBuild Corp (NYSE:BLD) to post sales of $493.53 million for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for TopBuild’s earnings, with estimates ranging from $486.20 million to $505.00 million. TopBuild reported sales of $444.14 million in the same quarter last year, which suggests a positive year over year growth rate of 11.1%. The business is expected to issue its next quarterly earnings results on Tuesday, February 27th.

According to Zacks, analysts expect that TopBuild will report full year sales of $493.53 million for the current financial year, with estimates ranging from $1.89 billion to $1.91 billion. For the next year, analysts forecast that the business will post sales of $2.08 billion per share, with estimates ranging from $2.06 billion to $2.11 billion. Zacks’ sales calculations are a mean average based on a survey of research firms that that provide coverage for TopBuild.

TopBuild (NYSE:BLD) last released its earnings results on Tuesday, November 7th. The construction company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.01. The company had revenue of $489.04 million for the quarter, compared to the consensus estimate of $491.43 million. TopBuild had a net margin of 4.03% and a return on equity of 9.88%. TopBuild’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.63 EPS.

BLD has been the topic of several research analyst reports. 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 report on Friday, January 5th. ValuEngine raised shares of TopBuild from a “hold” rating to a “buy” rating in a research report on Friday, November 10th. Jefferies Group initiated coverage on shares of TopBuild in a research report on Tuesday, December 12th. They set a “buy” rating and a $79.00 target price on the stock. SunTrust Banks reissued a “buy” rating and set a $75.00 target price on shares of TopBuild in a research report on Wednesday, October 4th. Finally, Nomura boosted their target price on shares of TopBuild from $58.00 to $61.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 8th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. TopBuild currently has a consensus rating of “Buy” and an average target price of $68.43.

TopBuild (NYSE BLD) traded up $1.58 during trading hours on Wednesday, reaching $76.32. 191,244 shares of the company’s stock traded hands, compared to its average volume of 271,055. The stock has a market cap of $2,720.00 and a P/E ratio of 37.60. TopBuild has a 12 month low of $36.09 and a 12 month high of $78.39. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.02 and a current ratio of 1.36.

Hedge funds have recently added to or reduced their stakes in the company. Flinton Capital Management LLC boosted its holdings in shares of TopBuild by 66.2% in the 2nd quarter. Flinton Capital Management LLC now owns 1,888 shares of the construction company’s stock valued at $100,000 after acquiring an additional 752 shares during the last quarter. Schroder Investment Management Group purchased a new stake in shares of TopBuild in the 2nd quarter valued at $121,000. Riverhead Capital Management LLC boosted its holdings in shares of TopBuild by 72.1% in the 2nd quarter. Riverhead Capital Management LLC now owns 3,097 shares of the construction company’s stock valued at $164,000 after acquiring an additional 1,297 shares during the last quarter. Jaffetilchin Investment Partners LLC purchased a new stake in shares of TopBuild in the 3rd quarter valued at $217,000. Finally, DE Burlo Group Inc. purchased a new stake in shares of TopBuild in the 3rd quarter valued at $230,000. 94.87% of the stock is currently owned by institutional investors and hedge funds.

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About TopBuild

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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