While TopBuild Corp has overperformed by 0.09%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, BLD fell by -4.96%, with highs and lows ranging from $495.68 to $302.70, whereas the simple moving average fell by -10.85% in the last 200 days.
On December 16, 2024, Evercore ISI Downgraded TopBuild Corp (NYSE: BLD) to In-line. A report published by Seaport Research Partners on December 13, 2024, Downgraded its rating to ‘Neutral’ for BLD. DA Davidson also rated BLD shares as ‘Buy’, setting a target price of $470 on the company’s shares in an initiating report dated March 05, 2024. Truist January 04, 2024d its ‘Buy’ rating to ‘Hold’ for BLD, as published in its report on January 04, 2024. JP Morgan’s report from December 14, 2023 suggests a price prediction of $387 for BLD shares, giving the stock a ‘Overweight’ rating. Goldman also rated the stock as ‘Buy’.
Analysis of TopBuild Corp (BLD)
Further, the quarter-over-quarter increase in sales is 3.56%, showing a positive trend in the upcoming months.
In order to gain a clear picture of TopBuild Corp’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 27.35% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.49, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 305.02K can be a very valuable indicator of volatility for BLD stock. On a monthly basis, the volatility of the stock is set at 2.88%, whereas on a weekly basis, it is put at 2.49%, with a gain of 10.44% over the past seven days. Furthermore, long-term investors anticipate a median target price of $428.10, showing growth from the present price of $346.18, which can serve as yet another indication of whether BLD is worth investing in or should be passed over.
How Do You Analyze TopBuild Corp Shares?
The USA based company TopBuild Corp (BLD) is one of the biggest names in Engineering & Construction. When comparing TopBuild Corp shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 17.47, there is a growth in quarterly earnings of 7.09%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.67%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 96.89% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
BLD shares are owned by institutional investors to the tune of 96.89% at present.
