TopBuild Corp (NYSE: BLD) stock enjoyed a major increase of 12.4% on 12/14/23. The shares closed at $373.88. Moreover, trading volume in this advance was exceptionally high at 457% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 18.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, BLD is expected to continue to be a major Value Builder.
TopBuild has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. TopBuild has a neutral Appreciation Score of 47 but a very high Power Rating of 99, leading to the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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