TopBuild Corp (NYSE: BLD) has reported earnings for its third fiscal quarter (ending September 30) of $5.68 versus $5.30 for the same period a year ago — an increase of 7%. E.P.S. were $19.91 for the latest four quarters through September 30 versus $19.35 for the same period a year ago — an increase of 3%.
Recent Price Action
TopBuild Corp (NYSE: BLD) stock closed at $377.71 on 11/5/24 after a large increase of 4.3%. Moreover, trading volume in this advance was exceptionally high at 272% of normal. Relative to the market the stock has been weak over the last nine months but has risen 1.9% during the last week.
Current PriceTarget Research Rating
BLD’s future returns on capital are forecasted to exceed 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 C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. TopBuild has a neutral Appreciation Score of 56 and a neutral Power Rating of 48, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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