Continental Building Products (NYSE:CBPX) Institutional Investor Sentiment Is 0.97

June 14, 2018 - By Winifred Garcia

Continental Building Products, Inc. (NYSE:CBPX) Logo

Sentiment for Continental Building Products (NYSE:CBPX)

Continental Building Products (NYSE:CBPX) institutional sentiment increased to 0.97 in 2018 Q1. Its up 0.16, from 0.81 in 2017Q4. The ratio has improved, as 69 funds increased or opened new stock positions, while 71 reduced and sold positions in Continental Building Products. The funds in our partner’s database now have: 33.30 million shares, down from 35.16 million shares in 2017Q4. Also, the number of funds holding Continental Building Products in their top 10 stock positions increased from 1 to 2 for an increase of 1. Sold All: 15 Reduced: 56 Increased: 42 New Position: 27.

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 $1.19 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 20.84 P/E ratio.

The stock increased 0.94% or $0.3 during the last trading session, reaching $32.1. About 101,429 shares traded. Continental Building Products, Inc. (NYSE:CBPX) has risen 19.55% since June 14, 2017 and is uptrending. It has outperformed by 6.98% the S&P500.

Analysts await Continental Building Products, Inc. (NYSE:CBPX) to report earnings on August, 2. They expect $0.44 EPS, up 37.50 % or $0.12 from last year’s $0.32 per share. CBPX’s profit will be $16.27M for 18.24 P/E if the $0.44 EPS becomes a reality. After $0.36 actual EPS reported by Continental Building Products, Inc. for the previous quarter, Wall Street now forecasts 22.22 % EPS growth.

Ack Asset Management Llc holds 4.92% of its portfolio in Continental Building Products, Inc. for 685,000 shares. Rockshelter Capital Management Llc owns 418,464 shares or 3.88% of their US portfolio. Moreover, Ami Investment Management Inc has 2.6% invested in the company for 143,540 shares. The New York-based Dalton Greiner Hartman Maher & Co has invested 1.51% in the stock. Skylands Capital Llc, a Wisconsin-based fund reported 332,750 shares.

Since January 1, 0001, it had 0 insider purchases, and 1 sale for $105,023 activity.

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

Ratings analysis reveals 20% of Continental Building Products’s analysts are positive. Out of 5 Wall Street analysts rating Continental Building Products, 1 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $11.5 while the high is $33.0. The stock’s average target of $29.75 is -7.32% below today’s ($32.1) share price. CBPX was included in 7 notes of analysts from January 5, 2018. The rating was maintained by Deutsche Bank on Tuesday, February 27 with “Hold”. The firm has “Buy” rating by Barclays Capital given on Friday, January 5. The stock of Continental Building Products, Inc. (NYSE:CBPX) has “Hold” rating given on Thursday, February 22 by SunTrust. On Monday, January 8 the stock rating was downgraded by SunTrust to “Hold”. On Tuesday, February 27 the stock rating was maintained by Citigroup with “Neutral”. The firm earned “Neutral” rating on Thursday, January 25 by Citigroup.

Continental Building Products, Inc. (NYSE:CBPX) Institutional Positions Chart

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