TopBuild Corp (NYSE: BLD) has reported E.P.S. of $4.63 for its fourth fiscal quarter (ending December 31) versus $4.54 for the same period a year ago — an increase of 2%. However, this performance was $-0.01 short of the consensus estimate of $4.64. For the latest four quarters through December 31, E.P.S. were $19.44 compared to $17.26 a year ago — an increase of 13%.
Recent Price Action
TopBuild Corp (NYSE: BLD) stock suffered a large decline of -5.2% on 2/28/24. The stock closed at $391.53. Moreover, exceptionally high trading volume at 263% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months and has risen 2.0% during the last week.
Current PriceTarget Research Rating
BLD’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
TopBuild has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. TopBuild has a neutral Appreciation Score of 41 but a very high Power Rating of 98, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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