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

Separately, Zacks Investment Research upgraded TopBuild Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, May 4th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. TopBuild Corp. currently has a consensus rating of “Hold” and a consensus target price of $36.40.

The firm has a market cap of $1.30 billion and a PE ratio of 12.50. The company’s 50-day moving average price is $36.79 and its 200-day moving average price is $32.24.

TopBuild Corp. (NYSE:BLD) last issued its earnings results on Thursday, August 4th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.45 by $0.02. The business had revenue of $432 million for the quarter, compared to the consensus estimate of $446.65 million. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.27 earnings per share. On average, equities analysts anticipate that TopBuild Corp. will post $1.97 EPS for the current fiscal year.

An institutional investor recently raised its position in TopBuild Corp. stock. Rhumbline Advisers boosted its stake in TopBuild Corp. (NYSE:BLD) by 4.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor 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 at the end of the most recent quarter.

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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