Why TopBuild (BLD) is a Top Value Stock for the Long-Term
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why Investors Should Pay Attention to This Value Stock
Different than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out 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 sits at a Zacks Rank #3 (Hold), holds a Value Style Score of A, and has a VGM Score of A. Compared to the Building Products - Miscellaneous industry's P/E of 17.8X, shares of TopBuild are trading at a forward P/E of 16.9X. BLD also has a PEG Ratio of 1.7, a Price/Cash Flow ratio of 15.6X, and a Price/Sales ratio of 2X.
A company's earnings performance is important for value investors as well. For fiscal 2023, eight analysts revised their earnings estimate higher in the last 60 days for BLD, while the Zacks Consensus Estimate has increased $1.11 to $19.66 per share. BLD also holds an average earnings surprise of 14.3%.
BLD should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.
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TopBuild Corp. (BLD) : Free Stock Analysis Report
