Zacks Research Has Bullish Forecast for TopBuild Q1 Earnings

TopBuild Corp. (NYSE:BLD) – Investment analysts at Zacks Research raised their Q1 2026 earnings per share estimates for shares of TopBuild in a research report issued to clients and investors on Thursday, March 12th. Zacks Research analyst Team now anticipates that the construction company will post earnings per share of $3.62 for the quarter, up from their previous forecast of $3.38. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for TopBuild’s current full-year earnings is $20.97 per share. Zacks Research also issued estimates for TopBuild’s Q2 2026 earnings at $4.76 EPS, Q3 2026 earnings at $5.37 EPS, FY2026 earnings at $18.09 EPS, Q1 2027 earnings at $4.32 EPS, Q2 2027 earnings at $5.14 EPS, Q3 2027 earnings at $5.39 EPS and FY2028 earnings at $22.10 EPS.

TopBuild (NYSE:BLD) last announced its quarterly earnings results on Thursday, February 26th. The construction company reported $4.50 earnings per share for the quarter, topping analysts’ consensus estimates of $4.39 by $0.11. The company had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.49 billion. TopBuild had a net margin of 9.65% and a return on equity of 25.66%. The business’s quarterly revenue was up 13.2% compared to the same quarter last year. During the same period last year, the firm posted $5.13 earnings per share.

A number of other research analysts also recently issued reports on the company. Benchmark decreased their price objective on TopBuild from $515.00 to $500.00 and set a “buy” rating for the company in a report on Friday, February 27th. Royal Bank Of Canada boosted their target price on TopBuild from $410.00 to $433.00 and gave the company a “sector perform” rating in a research note on Friday, February 27th. Weiss Ratings downgraded TopBuild from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 27th. Wells Fargo & Company decreased their price target on shares of TopBuild from $600.00 to $525.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. Finally, DA Davidson reiterated a “buy” rating and issued a $485.00 price objective on shares of TopBuild in a report on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $439.26.

TopBuild Stock Down 3.8%

TopBuild stock opened at $365.69 on Friday. The stock has a market capitalization of $10.29 billion, a PE ratio of 19.98, a price-to-earnings-growth ratio of 4.66 and a beta of 1.72. TopBuild has a twelve month low of $266.26 and a twelve month high of $559.47. The company has a quick ratio of 1.34, a current ratio of 1.94 and a debt-to-equity ratio of 1.21. The company has a 50 day moving average of $475.40 and a 200-day moving average of $442.43.

Institutional Trading of TopBuild

A number of hedge funds have recently modified their holdings of the stock. Inscription Capital LLC boosted its holdings in shares of TopBuild by 104.6% during the third quarter. Inscription Capital LLC now owns 2,949 shares of the construction company’s stock worth $1,153,000 after acquiring an additional 1,508 shares during the period. Calamos Advisors LLC bought a new position in shares of TopBuild during the third quarter worth approximately $997,000. WCM Investment Management LLC acquired a new stake in TopBuild during the 3rd quarter worth approximately $17,734,000. Campbell & CO Investment Adviser LLC lifted its holdings in TopBuild by 697.8% during the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 7,906 shares of the construction company’s stock worth $3,090,000 after purchasing an additional 6,915 shares during the last quarter. Finally, AEGON ASSET MANAGEMENT UK Plc boosted its stake in TopBuild by 244.2% in the 3rd quarter. AEGON ASSET MANAGEMENT UK Plc now owns 93,870 shares of the construction company’s stock valued at $36,698,000 after purchasing an additional 66,601 shares during the period. Institutional investors and hedge funds own 95.67% of the company’s stock.

About TopBuild

TopBuild Corp. (NYSE: BLD) is a leading installer and distributor of insulation and building material products serving primarily the U.S. construction market. Headquartered in Daytona Beach, Florida, the company was formed in 2011 as a spin-off from ABF Freight System and has since grown through a combination of organic expansion and targeted acquisitions. TopBuild’s core mission is to enhance energy efficiency and comfort in new residential and light commercial construction projects by providing comprehensive insulation solutions and related services.

The company operates through two main segments.