Continental Building Products (NYSE:CBPX) Receiving Somewhat Positive Media Coverage, Report Finds

Headlines about Continental Building Products (NYSE:CBPX) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Continental Building Products earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news coverage about the construction company an impact score of 46.7369049995381 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the news articles that may have effected Accern’s analysis:

Shares of Continental Building Products (NYSE:CBPX) traded up 0.92% during mid-day trading on Friday, reaching $21.90. 276,308 shares of the company’s stock were exchanged. Continental Building Products has a one year low of $18.35 and a one year high of $26.53. The stock has a 50-day moving average of $22.14 and a 200 day moving average of $23.82. The firm has a market capitalization of $841.40 million, a P/E ratio of 20.15 and a beta of 1.28.

Continental Building Products (NYSE:CBPX) last announced its quarterly earnings data on Thursday, August 3rd. The construction company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.35 by $0.03. The firm had revenue of $120.60 million for the quarter, compared to analysts’ expectations of $127.60 million. Continental Building Products had a net margin of 9.16% and a return on equity of 15.45%. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.31 EPS. On average, analysts forecast that Continental Building Products will post $1.30 EPS for the current fiscal year.

A number of research firms recently issued reports on CBPX. Zacks Investment Research upgraded shares of Continental Building Products from a “sell” rating to a “hold” rating in a research report on Tuesday, May 2nd. Royal Bank Of Canada reiterated a “buy” rating and set a $28.00 target price on shares of Continental Building Products in a research report on Monday, June 19th. Finally, BidaskClub upgraded shares of Continental Building Products from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $26.33.

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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.

Insider Buying and Selling by Quarter for Continental Building Products (NYSE:CBPX)

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