Analysts See $0.32 EPS for Continental Building Products, Inc. (CBPX)

February 16, 2018 - By Ellis Scott

 Analysts See $0.32 EPS for Continental Building Products, Inc. (CBPX)
Investors sentiment decreased to 1.06 in 2017 Q3. Its down 0.24, from 1.3 in 2017Q2. It turned negative, as 17 investors sold Continental Building Products, Inc. shares while 49 reduced holdings. 25 funds opened positions while 45 raised stakes. 35.06 million shares or 5.09% less from 36.94 million shares in 2017Q2 were reported.
Los Angeles Management & Equity Research Inc accumulated 22,949 shares. New York-based Gotham Asset Limited Company has invested 0.06% in Continental Building Products, Inc. (NYSE:CBPX). Principal Fin Grp Inc Inc reported 0% stake. First Trust Advsrs Limited Partnership has invested 0% of its portfolio in Continental Building Products, Inc. (NYSE:CBPX). Citadel Lc invested in 0% or 9,023 shares. Parametric Portfolio Assocs Lc has invested 0% in Continental Building Products, Inc. (NYSE:CBPX). Trexquant Invest Lp owns 13,503 shares for 0.09% of their portfolio. Ack Asset Mgmt Ltd Llc holds 3.86% or 537,300 shares in its portfolio. The Pennsylvania-based Vanguard Gru has invested 0.01% in Continental Building Products, Inc. (NYSE:CBPX). Rhumbline Advisers has invested 0% in Continental Building Products, Inc. (NYSE:CBPX). 1,809 are held by Federated Investors Pa. Macquarie Gp Ltd stated it has 2.10M shares or 0.1% of all its holdings. Bowling Mgmt Lc stated it has 0.24% in Continental Building Products, Inc. (NYSE:CBPX). Ameritas Invest Ptnrs owns 3,469 shares for 0% of their portfolio. Balyasny Asset Lc, Illinois-based fund reported 9,263 shares.

Analysts expect Continental Building Products, Inc. (NYSE:CBPX) to report $0.32 EPS on February, 22.They anticipate $0.01 EPS change or 3.23 % from last quarter’s $0.31 EPS. CBPX’s profit would be $12.07M giving it 21.37 P/E if the $0.32 EPS is correct. After having $0.29 EPS previously, Continental Building Products, Inc.’s analysts see 10.34 % EPS growth. The stock decreased 1.08% or $0.3 during the last trading session, reaching $27.35. About 404,074 shares traded or 71.59% up from the average. Continental Building Products, Inc. (NYSE:CBPX) has risen 13.56% since February 16, 2017 and is uptrending. It has underperformed by 3.14% the S&P500.

Continental Building Products, Inc. (NYSE:CBPX) Ratings Coverage

Among 10 analysts covering Continental Building Products (NYSE:CBPX), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Continental Building Products had 30 analyst reports since August 23, 2015 according to SRatingsIntel. The stock has “Buy” rating by Sterne Agee CRT on Monday, November 16. The rating was maintained by RBC Capital Markets on Monday, June 19 with “Buy”. The stock of Continental Building Products, Inc. (NYSE:CBPX) earned “Overweight” rating by Barclays Capital on Thursday, June 2. The firm has “Hold” rating by Deutsche Bank given on Tuesday, August 9. The firm earned “Neutral” rating on Thursday, January 25 by Citigroup. Deutsche Bank maintained Continental Building Products, Inc. (NYSE:CBPX) rating on Monday, May 16. Deutsche Bank has “Hold” rating and $21 target. As per Tuesday, December 12, the company rating was initiated by Jefferies. The stock has “Neutral” rating by Citigroup on Monday, November 13. The stock of Continental Building Products, Inc. (NYSE:CBPX) earned “Neutral” rating by Citigroup on Thursday, August 4. RBC Capital Markets maintained Continental Building Products, Inc. (NYSE:CBPX) rating on Monday, July 24. RBC Capital Markets has “Buy” rating and $2800 target.

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 $1.03 billion. 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 22.4 P/E ratio.

More news for Continental Building Products, Inc. (NYSE:CBPX) were recently published by: Seekingalpha.com, which released: “Continental Building Products (CBPX) Q3 2017 Results – Earnings Call Transcript” on November 10, 2017. Businesswire.com‘s article titled: “Continental Building Products Announces Successful Repricing of Term Loan” and published on December 11, 2017 is yet another important article.

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