Headlines about Continental Building Products (NYSE:CBPX) have trended somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Continental Building Products earned a coverage optimism score of 0.24 on Accern’s scale. Accern also assigned news stories about the construction company an impact score of 45.8415616743653 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Continental Building Products (NYSE CBPX) opened at $27.30 on Friday. The stock has a market cap of $1,031.51, a P/E ratio of 22.06 and a beta of 1.28. The company has a debt-to-equity ratio of 0.88, a current ratio of 3.11 and a quick ratio of 2.46. Continental Building Products has a one year low of $21.00 and a one year high of $28.50.
Continental Building Products (NYSE:CBPX) last announced its quarterly earnings data on Thursday, November 9th. The construction company reported $0.29 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.29. The business had revenue of $116.50 million for the quarter, compared to analysts’ expectations of $121.08 million. Continental Building Products had a net margin of 10.13% and a return on equity of 15.80%. The firm’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period last year, the firm posted $0.25 earnings per share. equities analysts anticipate that Continental Building Products will post 1.25 EPS for the current fiscal year.
Several brokerages have recently commented on CBPX. Zacks Investment Research raised shares of Continental Building Products from a “sell” rating to a “hold” rating in a report on Thursday, November 16th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $30.00 target price on shares of Continental Building Products in a report on Wednesday, November 15th. Barclays raised their target price on shares of Continental Building Products from $25.00 to $27.00 and gave the stock an “equal weight” rating in a report on Friday, November 10th. SunTrust Banks reaffirmed a “buy” rating and set a $30.00 target price on shares of Continental Building Products in a report on Monday, October 2nd. Finally, BidaskClub raised shares of Continental Building Products from a “sell” rating to a “hold” rating in a report on Saturday, September 2nd. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $28.25.
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About Continental Building Products
Continental Building Products, Inc is a manufacturer of gypsum wallboard and complementary finishing products. The Company operates through wallboard segment. Gypsum wallboard is a primary building material used in residential and commercial construction and in repair and remodel (R&R). It offers customers a range of gypsum wallboard products, including LiftLite, its lightweight product designed to lift and install; its Mold Defense line of products designed for protection against mold and mildew, and its Weather Defense line of moisture and mold-resistant exterior sheathing.
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