At the time of writing, TopBuild Corp [BLD] stock is trading at $346.18, up 0.09%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BLD shares have gain 10.44% over the last week, with a monthly amount glided 1.83%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
TopBuild Corp [NYSE: BLD] stock has seen the most recent analyst activity on December 16, 2024, when Evercore ISI downgraded its rating to a In-line and also revised its price target to $381 from $443. Previously, Seaport Research Partners downgraded its rating to Neutral on December 13, 2024. On March 05, 2024, DA Davidson initiated with a Buy rating and assigned a price target of $470 on the stock. Loop Capital upgraded its rating to a Buy. Truist downgraded its rating to a Hold and raised its price target to $410 on January 04, 2024. JP Morgan upgraded its rating to Overweight for this stock on December 14, 2023, and upped its price target to $387. In a note dated November 16, 2023, Goldman initiated an Buy rating and provided a target price of $355 on this stock.
For the past year, the stock price of TopBuild Corp fluctuated between $302.70 and $495.68. Currently, Wall Street analysts expect the stock to reach $431 within the next 12 months. TopBuild Corp [NYSE: BLD] shares were valued at $346.18 at the most recent close of the market. An investor can expect a potential return of 24.5% based on the average BLD price forecast.
Analyzing the BLD fundamentals
According to TopBuild Corp [NYSE:BLD], the company’s sales were 5.30B for trailing twelve months, which represents an 3.56% jump. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.25 and Total Capital is 0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.75.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 343.80 points at the first support level, and at 341.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 349.94, and for the 2nd resistance point, it is at 353.69.
Ratios To Look Out For
It is important to note that TopBuild Corp [NYSE:BLD] has a current ratio of 2.01. Further, the Quick Ratio stands at 1.49, while the Cash Ratio is 0.34. Considering the valuation of this stock, the price to sales ratio is 1.93, the price to book ratio is 4.83 and price to earnings (TTM) ratio is 17.47.
Transactions by insiders
Recent insider trading involved Buck Robert M, President and CEO, that happened on Jun 12 ’24 when 2500.0 shares were sold. Director, TAYLOR NANCY M completed a deal on May 31 ’24 to sell 300.0 shares. Meanwhile, Director Donikowski Tina sold 640.0 shares on May 15 ’24.
