Sentiment for Continental Building Products (NYSE:CBPX)
Continental Building Products (NYSE:CBPX) institutional sentiment decreased to 1.04 in Q4 2018. Its down -0.36, from 1.4 in 2018Q3. The ratio turned negative, as 83 investment professionals started new or increased holdings, while 80 cut down and sold their positions in Continental Building Products. The investment professionals in our partner’s database now own: 34.84 million shares, up from 34.71 million shares in 2018Q3. Also, the number of investment professionals holding Continental Building Products in their top 10 holdings decreased from 2 to 0 for a decrease of 2. Sold All: 26 Reduced: 54 Increased: 57 New Position: 26.
Continental Building Products, Inc. makes and sells gypsum wallboard and complementary finishing products in the eastern United States and eastern Canada. The company has market cap of $900.88 million. The firm sells its products to gypsum wallboard distributors, buying groups, wholesalers, and mass merchants in the new residential, repair and remodel, and commercial construction markets under the LiftLite, Mold Defense, and Weather Defense names. It has a 12.59 P/E ratio.
It closed at $25.31 lastly. It is up 6.03% since March 17, 2018 and is uptrending. It has outperformed by 1.66% the S&P500.
Analysts await Continental Building Products, Inc. (NYSE:CBPX) to report earnings on May, 2. They expect $0.38 earnings per share, up 5.56 % or $0.02 from last year’s $0.36 per share. CBPX’s profit will be $13.53 million for 16.65 P/E if the $0.38 EPS becomes a reality. After $0.56 actual earnings per share reported by Continental Building Products, Inc. for the previous quarter, Wall Street now forecasts -32.14 % negative EPS growth.
Rockshelter Capital Management Llc holds 2.09% of its portfolio in Continental Building Products, Inc. for 227,071 shares. Dalton Greiner Hartman Maher & Co owns 677,692 shares or 1.29% of their US portfolio. Moreover, Shaker Investments Llc Oh has 1.02% invested in the company for 46,265 shares. The Indiana-based Ami Investment Management Inc has invested 0.8% in the stock. Systematic Financial Management Lp, a New Jersey-based fund reported 1.03 million shares.
Since January 1, 0001, it had 1 buy, and 0 sales for $43,920 activity.
Continental Building Products, Inc. (NYSE:CBPX) Ratings Coverage
Ratings analysis reveals 33% of Continental Building’s analysts are positive. Out of 3 Wall Street analysts rating Continental Building, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $32 while the high is $36. The stock’s average target of $33.67 is 33.03% above today’s ($25.31) share price. CBPX was included in 7 notes of analysts from October 24, 2018. The rating was downgraded by Raymond James on Wednesday, January 23 to “Market Perform”. The stock has “Neutral” rating by Citigroup on Monday, November 12. On Monday, February 25 the stock rating was maintained by Barclays Capital with “Buy”. The stock has “Hold” rating by Citigroup on Monday, February 25. The stock has “Strong Buy” rating by Raymond James on Wednesday, October 24.
More notable recent Continental Building Products, Inc. (NYSE:CBPX) news were published by: Zacks.com which released: “CBPX or AWI: Which Is the Better Value Stock Right Now? – Zacks.com” on January 08, 2019, also Seekingalpha.com with their article: “Continental: Growing, But Risky – Seeking Alpha” published on December 10, 2018, Businesswire.com published: “Continental Building Products Reports Third Quarter 2018 Results – Business Wire” on November 08, 2018. More interesting news about Continental Building Products, Inc. (NYSE:CBPX) were released by: Fool.com and their article: “Continental Building Products Inc (CBPX) Q4 2018 Earnings Conference Call Transcript – Motley Fool” published on February 22, 2019 as well as Seekingalpha.com‘s news article titled: “Continental Building Products (CBPX) Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: August 02, 2018.