- TopBuild Corporation (BLD, Financial) posts promising revenue, but faces challenges in installation sales.
- Analysts see significant potential upside with average price targets over current levels.
- GuruFocus estimates suggest a fair value higher than the current market price.
TopBuild Corporation (NYSE: BLD) recently released its first-quarter results, drawing investor attention with a GAAP EPS of $4.23 and total revenue of $1.23 billion. While the revenue figures indicate a 3.9% decrease compared to the previous year, the company showcases resilience through its Specialty Distribution sector, which recorded a 2.6% increase. However, installation sales fell by 6.7%, impacting overall performance. Notably, the quarter concluded with an adjusted gross margin of 29.6% and an EBITDA margin reaching 19.0%.
Wall Street Analysts' Forecast
In the eyes of Wall Street, TopBuild Corp (BLD, Financial) presents promising growth potential. Based on projections from 11 financial analysts, the average price target for BLD is pegged at $369.45, with optimistic estimates stretching up to $440.00 and more conservative views at $310.00. This average target represents a potential upside of 26.53% compared to the current market price of $292.00. For more detailed price target data, visit the TopBuild Corp Forecast page.
Further, the company's outlook receives a favorable consensus recommendation from 12 brokerage firms, with an average rating of 2.2. This positions BLD as an "Outperform," in a rating system where 1 indicates a Strong Buy and 5 a Sell.
Adding a layer of analytical insight, GuruFocus provides an estimated GF Value for TopBuild Corp (BLD, Financial) at $311.39 over the next year, hinting at a 6.64% upside from the current trading price of $292. The GF Value encapsulates GuruFocus' calculated fair value, derived from historical trading multiples and forecasted business performance. This estimation serves as a critical tool for investors to gauge potential stock valuation. For a comprehensive overview, visit the TopBuild Corp Summary page.
