Continental Building Products (CBPX) Scheduled to Post Earnings on Wednesday
Continental Building Products (NYSE:CBPX) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, February 21st. Analysts expect Continental Building Products to post earnings of $0.33 per share for the quarter.
Shares of Continental Building Products (CBPX) opened at $26.80 on Wednesday. Continental Building Products has a 12 month low of $21.00 and a 12 month high of $31.00. The stock has a market cap of $1,010.00, a PE ratio of 21.79 and a beta of 1.20. The company has a current ratio of 3.11, a quick ratio of 2.46 and a debt-to-equity ratio of 0.88.
Several equities research analysts recently issued reports on CBPX shares. SunTrust Banks cut shares of Continental Building Products from a “buy” rating to a “hold” rating in a research report on Monday, January 8th. Zacks Investment Research raised shares of Continental Building Products from a “sell” rating to a “hold” rating in a research report on Tuesday, January 30th. Citigroup decreased their target price on shares of Continental Building Products from $13.00 to $11.50 and set a “neutral” rating on the stock in a research report on Thursday, January 25th. Barclays raised shares of Continental Building Products from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $27.00 to $33.00 in a research report on Friday, January 5th. Finally, Jefferies Group started coverage on shares of Continental Building Products in a research report on Tuesday, December 12th. They issued a “hold” rating and a $28.00 target price on the stock. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $27.25.
Continental Building Products, Inc is a manufacturer of gypsum wallboard and complementary finishing products. The Company operates through wallboard segment. Gypsum wallboard is a primary building material used in residential and commercial construction and in repair and remodel (R&R). It offers customers a range of gypsum wallboard products, including LiftLite, its lightweight product designed to lift and install; its Mold Defense line of products designed for protection against mold and mildew, and its Weather Defense line of moisture and mold-resistant exterior sheathing.
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