Let’s look at the key reasons that are pushing TopBuild Corp (BLD) to new highs

On Monday, TopBuild Corp (NYSE: BLD) opened higher 9.01% from the last session, before settling in for the closing price of $373.05. Price fluctuations for BLD have ranged from $291.98 to $495.68 over the past 52 weeks.

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Industrials Sector giant saw their annual sales surged by 17.86% over the last five years. Company’s average yearly earnings per share was noted 5.91% at the time writing. With a float of $29.31 million, this company’s outstanding shares have now reached $31.78 million.

The firm has a total of 14012 workers. Let’s measure their productivity. In terms of profitability, gross margin is 31.12%, operating margin of 17.43%, and the pretax margin is 16.3%.

TopBuild Corp (BLD) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Engineering & Construction industry is another important factor to consider. The insider ownership of TopBuild Corp is 0.66%, while institutional ownership is 96.42%. 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) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 4.69 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 4.64) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.92 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 5.91% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.56% during the next five years compared to 38.57% growth over the previous five years of trading.

TopBuild Corp (NYSE: BLD) Trading Performance Indicators

Check out the current performance indicators for TopBuild Corp (BLD). In the past quarter, the stock posted a quick ratio of 1.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.34. Likewise, its price to free cash flow for the trailing twelve months is 17.75.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 19.81, a number that is poised to hit 5.03 in the next quarter and is forecasted to reach 22.48 in one year’s time.

Technical Analysis of TopBuild Corp (BLD)

Analysing the last 5-days average volume posted by the [TopBuild Corp, BLD], we can find that recorded value of 0.35 million was better than the volume posted last year of 0.29 million. As of the previous 9 days, the stock’s Stochastic %D was 82.79%. Additionally, its Average True Range was 14.62.

During the past 100 days, TopBuild Corp’s (BLD) raw stochastic average was set at 41.99%, which indicates a significant decrease from 95.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.26% in the past 14 days, which was higher than the 45.82% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $382.68, while its 200-day Moving Average is $400.41. Now, the first resistance to watch is $416.98. This is followed by the second major resistance level at $427.32. The third major resistance level sits at $444.64. If the price goes on to break the first support level at $389.32, it is likely to go to the next support level at $372.00. Now, if the price goes above the second support level, the third support stands at $361.66.

TopBuild Corp (NYSE: BLD) Key Stats

There are currently 29,503K shares outstanding in the company with a market cap of 12.39 billion. Presently, the company’s annual sales total 5,195 M according to its annual income of 614,250 K. Last quarter, the company’s sales amounted to 1,373 M and its income totaled 168,960 K.