Media stories about TopBuild Corp. (NYSE:BLD) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TopBuild Corp. earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the construction company an impact score of 46.2185940774649 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
- FY2017 Earnings Estimate for TopBuild Corp. (NYSE:BLD) Issued By SunTrust Banks (americanbankingnews.com)
- TopBuild Corp. (BLD) Upgraded at Zacks Investment Research (americanbankingnews.com)
- Seaport Global Securities Comments on TopBuild Corp.’s Q3 2017 Earnings (NYSE:BLD) (americanbankingnews.com)
- SunTrust Banks Equities Analysts Raise Earnings Estimates for TopBuild Corp. (NYSE:BLD) (americanbankingnews.com)
- TopBuild tops Street 2Q forecasts (cnbc.com)
TopBuild Corp. (NYSE BLD) opened at 58.16 on Monday. The company has a market capitalization of $2.12 billion, a P/E ratio of 32.24 and a beta of 0.63. The firm’s 50-day moving average is $53.78 and its 200-day moving average is $48.48. TopBuild Corp. has a 1-year low of $28.81 and a 1-year high of $59.34.
TopBuild Corp. (NYSE:BLD) last announced its quarterly earnings results on Tuesday, August 8th. The construction company reported $0.67 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.58 by $0.09. TopBuild Corp. had a net margin of 3.73% and a return on equity of 9.09%. The firm had revenue of $474.50 million for the quarter, compared to analyst estimates of $477.72 million. During the same quarter in the previous year, the firm posted $0.43 EPS. The business’s revenue for the quarter was up 9.9% on a year-over-year basis. Equities research analysts predict that TopBuild Corp. will post $2.78 EPS for the current year.
BLD has been the topic of a number of research analyst reports. Instinet increased their price objective on shares of TopBuild Corp. from $45.00 to $50.00 and gave the company a “neutral” rating in a research note on Wednesday, May 10th. KeyCorp reiterated an “overweight” rating and set a $59.00 price objective (up from $56.00) on shares of TopBuild Corp. in a research note on Monday, June 26th. TheStreet upgraded shares of TopBuild Corp. from a “c” rating to a “b-” rating in a research note on Friday, June 16th. Finally, Zacks Investment Research downgraded shares of TopBuild Corp. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 11th. Three analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. TopBuild Corp. currently has a consensus rating of “Buy” and a consensus target price of $54.60.
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About TopBuild Corp.
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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