TopBuild Corp (BLD) 20 Days SMA touches -8.26%: The odds favor the bear

TopBuild Corp (NYSE: BLD) kicked off on Tuesday, down -3.89% from the previous trading day, before settling in for the closing price of $370.55. Over the past 52 weeks, BLD has traded in a range of $217.84-$495.68.

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During the last 5-year period, the sales growth of Industrials Sector giant was 17.86%. While this was happening, its average annual earnings per share was recorded 6.43%. With a float of $29.97 million, this company’s outstanding shares have now reached $31.78 million.

Let’s determine the extent of company efficiency that accounts for 14012 employees. In terms of profitability, gross margin is 31.12%, operating margin of 17.43%, and the pretax margin is 16.3%.

TopBuild Corp (BLD) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Engineering & Construction Industry. The insider ownership of TopBuild Corp is 0.66%, while institutional ownership is 97.09%. The most recent insider transaction that took place on Jun 12 ’24, was worth 1,045,125. In this transaction President and CEO of this company sold 2,500 shares at a rate of $418.05, taking the stock ownership to the 69,468 shares. Before that another transaction happened on May 31 ’24, when Company’s Director sold 300 for $415.81, making the entire transaction worth $124,743. This insider now owns 5,920 shares in total.

TopBuild Corp (BLD) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 5.43 earnings per share (EPS), higher than consensus estimate (set at 4.56) by 0.87. Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.26 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 6.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.59% during the next five years compared to 38.57% growth over the previous five years of trading.

TopBuild Corp (NYSE: BLD) Trading Performance Indicators

Take a look at TopBuild Corp’s (BLD) current performance indicators. Last quarter, stock had a quick ratio of 1.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.04. Likewise, its price to free cash flow for the trailing twelve months is 16.19.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 19.44, a number that is poised to hit 5.58 in the next quarter and is forecasted to reach 22.61 in one year’s time.

Technical Analysis of TopBuild Corp (BLD)

Looking closely at TopBuild Corp (NYSE: BLD), its last 5-days average volume was 0.33 million, which is a jump from its year-to-date volume of 0.29 million. As of the previous 9 days, the stock’s Stochastic %D was 9.27%. Additionally, its Average True Range was 13.86.

During the past 100 days, TopBuild Corp’s (BLD) raw stochastic average was set at 9.06%, which indicates a significant decrease from 18.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.34% in the past 14 days, which was lower than the 44.44% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $389.15, while its 200-day Moving Average is $401.41. However, in the short run, TopBuild Corp’s stock first resistance to watch stands at $360.84. Second resistance stands at $365.55. The third major resistance level sits at $374.87. If the price goes on to break the first support level at $346.81, it is likely to go to the next support level at $337.49. Should the price break the second support level, the third support level stands at $332.78.

TopBuild Corp (NYSE: BLD) Key Stats

The company with the Market Capitalisation of 10.74 billion has total of 30,166K Shares Outstanding. Its annual sales at the moment are 5,195 M in contrast with the sum of 614,250 K annual income. Company’s last quarter sales were recorded 1,366 M and last quarter income was 150,720 K.