Analysts Set TopBuild Corp. (NYSE:BLD) Price Target at $443.73

Shares of TopBuild Corp. (NYSE:BLD) have been given an average rating of “Moderate Buy” by the sixteen brokerages that are presently covering the stock, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $443.7307.

BLD has been the subject of several analyst reports. Wells Fargo & Company raised their price objective on shares of TopBuild from $540.00 to $600.00 and gave the stock an “overweight” rating in a report on Wednesday, February 11th. Weiss Ratings raised TopBuild from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 5th. Royal Bank Of Canada assumed coverage on TopBuild in a research report on Thursday, November 20th. They issued a “sector perform” rating and a $410.00 price target for the company. Jefferies Financial Group increased their price objective on TopBuild from $518.00 to $536.00 and gave the stock a “buy” rating in a report on Monday, December 15th. Finally, Evercore reduced their target price on TopBuild from $449.00 to $448.00 and set an “in-line” rating for the company in a report on Wednesday, November 5th.

TopBuild Price Performance

Shares of NYSE:BLD opened at $544.75 on Friday. The firm has a market capitalization of $15.29 billion, a PE ratio of 27.65, a P/E/G ratio of 9.04 and a beta of 1.70. The company has a quick ratio of 2.45, a current ratio of 2.90 and a debt-to-equity ratio of 1.26. The company has a 50-day moving average price of $469.27 and a two-hundred day moving average price of $439.66. TopBuild has a twelve month low of $266.26 and a twelve month high of $559.47.

Insider Buying and Selling

In other TopBuild news, VP Luis Francisco Machado sold 1,000 shares of the firm’s stock in a transaction on Wednesday, November 26th. The shares were 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 directly owned 9,349 shares of the company’s stock, valued at $4,210,789.60. This trade represents a 9.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.43% of the company’s stock.

Institutional Investors Weigh In On TopBuild

A number of institutional investors and hedge funds have recently made changes to their positions in BLD. Greenleaf Trust grew its position in TopBuild by 1.8% during the fourth quarter. Greenleaf Trust now owns 1,214 shares of the construction company’s stock worth $506,000 after buying an additional 22 shares in the last quarter. Root Financial Partners LLC raised its holdings in shares of TopBuild by 25.3% in the 4th quarter. Root Financial Partners LLC now owns 109 shares of the construction company’s stock valued at $45,000 after acquiring an additional 22 shares in the last quarter. UMB Bank n.a. boosted its position in shares of TopBuild by 6.1% during the 4th quarter. UMB Bank n.a. now owns 384 shares of the construction company’s stock valued at $160,000 after acquiring an additional 22 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of TopBuild by 50.0% during the fourth quarter. Parallel Advisors LLC now owns 75 shares of the construction company’s stock worth $31,000 after purchasing an additional 25 shares in the last quarter. Finally, MAI Capital Management grew its holdings 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 purchasing an additional 26 shares in the last quarter. Hedge funds and other institutional investors own 95.67% of the company’s stock.

TopBuild Company Profile

TopBuild Corp. (NYSE: BLD) is a leading installer and distributor of insulation and building material products serving primarily the U.S. construction market. Headquartered in Daytona Beach, Florida, the company was formed in 2011 as a spin-off from ABF Freight System and has since grown through a combination of organic expansion and targeted acquisitions. TopBuild’s core mission is to enhance energy efficiency and comfort in new residential and light commercial construction projects by providing comprehensive insulation solutions and related services.

The company operates through two main segments.