TopBuild Corp (NYSE: BLD) has reported E.P.S. of $4.81 for its second fiscal quarter (ending June 30) versus $5.20 for the same period a year ago — a decline of -8%. Relative to the consensus estimate of $5.67, this was a shortfall of $-0.86. For the latest four quarters through June 30, E.P.S. were $19.56 compared to $18.84 a year ago — an increase of 4%.
Recent Price Action
TopBuild Corp (NYSE: BLD) stock closed at $395.01 on 8/6/24 after a large decline of -7.1%. Moreover, trading volume in this decline was exceptionally high at 328% of normal. The stock has declined -16.6% during the last week but has been exceptionally strong relative to the market over the last nine months.
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 B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. TopBuild has a neutral Appreciation Score of 43 but a very high Power Rating of 91, and the Positive Value Trend Rating results.
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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