TopBuild downgraded by Truist with a new price target
$BLD
Engineering & Construction
Consumer Discretionary
Truist downgraded TopBuild from Buy to Hold and set a new price target of $410.00 from $290.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/5/2024 | $470.00 | Buy | DA Davidson |
| 1/8/2024 | Hold → Buy | Loop Capital | |
| 1/4/2024 | $290.00 → $410.00 | Buy → Hold | Truist |
| 12/14/2023 | $312.00 → $387.00 | Neutral → Overweight | JP Morgan |
| 11/16/2023 | $355.00 | Buy | Goldman |
| 11/9/2023 | $308.00 → $368.00 | In-line → Outperform | Evercore ISI |
| 8/1/2023 | $315.00 | Buy | Seaport Research Partners |
| 5/23/2023 | $225.00 | Buy | BofA Securities |
10-Q/A - TopBuild Corp (0001633931) (Filer)
10-Q - TopBuild Corp (0001633931) (Filer)
8-K - TopBuild Corp (0001633931) (Filer)
DA Davidson initiated coverage of TopBuild with a rating of Buy and set a new price target of $470.00
Loop Capital upgraded TopBuild from Hold to Buy
Truist downgraded TopBuild from Buy to Hold and set a new price target of $410.00 from $290.00 previously
4 - TopBuild Corp (0001633931) (Issuer)
4 - TopBuild Corp (0001633931) (Issuer)
4 - TopBuild Corp (0001633931) (Issuer)
Mechanical Insulation Distributor Expands TopBuild's Commercial and Industrial Offerings and Builds on Metro Supply's Strong Customer Relationships; Approximately $35 Million in Annual Revenue DAYTONA BEACH, Fla., Nov. 20, 2024 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer and specialty distributor of insulation and building material products to the construction industry in the United States and Canada, has entered into an agreement to acquire Metro Supply Company, a leading commercial and industrial mechanical insulation distributor with approximately $35 million in annual revenue. Metro Supply Company operates two branches and serves the New York/New Jersey and Balt
Third quarter sales of $1.37 billion driven by 4.2% Installation growth and 5.1% Specialty Distribution growth Delivered gross margin of 30.7% and adjusted EBITDA margin of 20.8% Narrows 2024 guidance to $5.3 to $5.35 billion in revenue and $1.055 to $1.085 billion in adjusted EBITDA DAYTONA BEACH, Fla., Nov. 05, 2024 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD) a leading installer and specialty distributor of insulation and building material products to the construction industry in the United States and Canada today reported results for the third quarter ended September 30, 2024. "We delivered a strong performance with third quarter sales of $1.37 billion and adjusted
Thermal Acoustic Blanket Insulation Fabricator Strengthens TopBuild'sMechanical Insulation Offerings for Commercial and Industrial Customers;Approximately $11 Million in Annual Revenue DAYTONA BEACH, Fla., Oct. 30, 2024 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer and specialty distributor of insulation and building material products to the construction industry in the United States and Canada, has entered into an agreement to acquire Shannon Global Energy Solutions, based in North Tonawanda, N.Y., with approximately $11 million in annual revenue. Shannon Global, with a 36-year history of success, designs and fabricates reusable thermal, acoustical and safety product
Third quarter sales of $1.37 billion driven by 4.2% Installation growth and 5.1% Specialty Distribution growth Delivered gross margin of 30.7% and adjusted EBITDA margin of 20.8% Narrows 2024 guidance to $5.3 to $5.35 billion in revenue and $1.055 to $1.085 billion in adjusted EBITDA DAYTONA BEACH, Fla., Nov. 05, 2024 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD) a leading installer and specialty distributor of insulation and building material products to the construction industry in the United States and Canada today reported results for the third quarter ended September 30, 2024. "We delivered a strong performance with third quarter sales of $1.37 billion and adjusted
DAYTONA BEACH, Fla., Oct. 09, 2024 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer and specialty distributor of insulation and building material products to the construction industry in the United States and Canada, will release its third quarter results prior to 7:00 a.m. on Tuesday, November 5. The Company will host a conference call at 9:00 a.m. Eastern time that same day to review its financial results. To participate in the live call, dial 1-877-407-9037 or internationally 1-201-493-6738 approximately ten minutes before the scheduled call time. A live, listen-only webcast can be accessed at Q3 2024 BLD Webcast or through the Company's website at www.topbuild.com.
Both segments drive growth, resulting in second quarter sales of $1.37 billion Delivered gross margin of 31% and adjusted EBITDA margin of 20.3% Revises 2024 guidance to $5.3 to $5.5 billion in revenue and $1.055 to $1.125 billion in adjusted EBITDA DAYTONA BEACH, Fla., Aug. 06, 2024 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD) a leading installer and specialty distributor of insulation and building material products to the construction industry in the United States and Canada today reported results for the second quarter ended June 30, 2024. "We're pleased with our solid results in the second quarter, as our teams continued to focus on growth and profitability across the business. We
SC 13G/A - TopBuild Corp (0001633931) (Subject)
SC 13G - TopBuild Corp (0001633931) (Subject)
SC 13G/A - TopBuild Corp (0001633931) (Subject)
Jefferies analyst Philip Ng maintains TopBuild (NYSE:BLD) with a Buy and raises the price target from $486 to $536.
Evercore ISI Group analyst Stephen Kim maintains TopBuild (NYSE:BLD) with a Outperform and raises the price target from $529 to $555.