Why This 1 Value Stock Could Be a Great Addition to Your Portfolio
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why Investors Should Pay Attention to This Value Stock
Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.
TopBuild (BLD)
Headquartered in Daytona Beach, FL, TopBuild Corp. is an installer and distributor of insulation and other building products to the U.S. construction industry. TopBuild, which earlier operated as a subsidiary of Masco Corporation, provides insulation and building material services across the nation through TruTeam and Service Partners. The company started trading on the NYSE under the symbol “BLD" from Jul 1, 2015.
BLD boasts a Value Style Score of B and VGM Score of A, and holds a Zacks Rank #1 (Strong Buy) rating. Shares of TopBuild are trading at a forward earnings multiple of 13.4X, as well as a PEG Ratio of 2.2, a Price/Cash Flow ratio of 11.7X, and a Price/Sales ratio of 1.5X.
Many value investors pay close attention to a company's earnings as well. For BLD, seven analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $2.09 to $18.55 per share for 2023. Per share BLD boasts an average earnings surprise of 14.1%.
With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding BLD to their portfolios.
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TopBuild Corp. (BLD) : Free Stock Analysis Report
