Shares of TopBuild Corp. (NYSE:BLD) fell 2.6% on Friday . The company traded as low as $33.34 and last traded at $33.37, with a volume of 112,681 shares traded. The stock had previously closed at $34.25.

Separately, Zacks Investment Research upgraded shares of TopBuild Corp. from a “sell” rating to a “hold” rating in a research note on Wednesday, May 4th.

The stock has a market capitalization of $1.30 billion and a P/E ratio of 12.50. The company has a 50 day moving average of $36.70 and a 200-day moving average of $32.29.

TopBuild Corp. (NYSE:BLD) last posted its quarterly earnings data on Thursday, August 4th. The company reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by $0.02. The firm had revenue of $432 million for the quarter, compared to the consensus estimate of $446.65 million. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.27 EPS. On average, equities analysts expect that TopBuild Corp. will post $1.97 earnings per share for the current fiscal year.

An institutional investor recently raised its position in TopBuild Corp. stock. Rhumbline Advisers increased its position in TopBuild Corp. (NYSE:BLD) by 4.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,668 shares of the company’s stock after buying an additional 1,891 shares during the period. Rhumbline Advisers owned about 0.11% of TopBuild Corp. worth $1,282,000 as of its most recent SEC filing.

TopBuild Corp. installs and distributes insulation products to the United States construction industry. The Company operates through two segments: Installation (TruTeam) and Distribution (Service Partners). The Company’s Installation segment principally includes the sales and installation of insulation and other building products.

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