TopBuild Corp (NYSE: BLD) is 4.21% higher on its value in year-to-date trading and has touched a low of $292.20 and a high of $495.68 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BLD stock was last observed hovering at around $387.95 in the last trading session, with the day’s gains setting it 2.05%.
Currently trading at $390.00, the stock is 6.41% and 2.03% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.19 million and changing 0.53% at the moment leaves the stock -2.59% off its SMA200. BLD registered 33.38% gain for a year compared to 6-month loss of -5.64%. The firm has a 50-day simple moving average (SMA 50) of $382.3854 and a 200-day simple moving average (SMA200) of $400.34915.
The stock witnessed a 9.51% gain in the last 1 month and extending the period to 3 months gives it a -0.37%, and is 11.08% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.42% over the week and 3.69% over the month.
TopBuild Corp (BLD) has around 14012 employees, a market worth around $11.51B and $5.30B in sales. Current P/E ratio is 19.68 and Fwd P/E is 17.35. Profit margin for the company is 11.66%. Distance from 52-week low is 33.47% and -21.32% from its 52-week high. The company has generated returns on investments over the last 12 months (17.23%).
The EPS is expected to grow by 5.91% this year
741.0 institutions hold shares in TopBuild Corp (BLD), with institutional investors hold 98.81% of the company’s shares. The shares outstanding are 31.78M, and float is at 29.31M with Short Float at 2.78%. Institutions hold 98.39% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 3.17 million shares valued at $1.22 billion. The investor’s holdings represent 10.0152 of the BLD Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.99 million shares valued at $1.15 billion to account for 9.4416 of the shares outstanding. The other top investors are CAPITAL RESEARCH GLOBAL INVESTORS which holds 2.71 million shares representing 8.5651 and valued at over $1.04 billion, while FMR LLC holds 5.2739 of the shares totaling 1.67 million with a market value of $642.92 million.
TopBuild Corp (BLD) Insider Activity
The most recent transaction is an insider sale by Buck Robert M, the company’s President and CEO. SEC filings show that Buck Robert M sold 2,500 shares of the company’s common stock on Jun 12 ’24 at a price of $418.05 per share for a total of $1.05 million. Following the sale, the insider now owns 69468.0 shares.
TopBuild Corp disclosed in a document filed with the SEC on May 31 ’24 that TAYLOR NANCY M (Director) sold a total of 300 shares of the company’s common stock. The trade occurred on May 31 ’24 and was made at $415.81 per share for $0.12 million. Following the transaction, the insider now directly holds 5920.0 shares of the BLD stock.
Still, SEC filings show that on May 15 ’24, Donikowski Tina (Director) disposed off 640 shares at an average price of $436.11 for $0.28 million. The insider now directly holds 4,100 shares of TopBuild Corp (BLD).
