Latest news with #TopBuild
Yahoo
05-06-2025
- Business
- Yahoo
Why Is TopBuild (BLD) Up 1.4% Since Last Earnings Report?
It has been about a month since the last earnings report for TopBuild (BLD). Shares have added about 1.4% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is TopBuild due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. It turns out, estimates revision have trended downward during the past month. At this time, TopBuild has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy. Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, TopBuild has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. TopBuild belongs to the Zacks Building Products - Miscellaneous industry. Another stock from the same industry, Masco (MAS), has gained 4.9% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025. Masco reported revenues of $1.8 billion in the last reported quarter, representing a year-over-year change of -6.5%. EPS of $0.87 for the same period compares with $0.93 a year ago. Masco is expected to post earnings of $1.07 per share for the current quarter, representing a year-over-year change of -10.8%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.9%. Masco has a Zacks Rank #4 (Sell) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of D. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TopBuild Corp. (BLD) : Free Stock Analysis Report Masco Corporation (MAS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
19-05-2025
- Business
- Globe and Mail
TopBuild Extends and Upsizes Senior Secured Credit Facilities
DAYTONA BEACH, Fla., May 19, 2025 (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 announced the extension and upsizing of its existing senior secured credit facilities. The new $2.25 billion facilities include a $1.0 billion term loan, a $1.0 billion revolving credit facility and a $250.0 million delayed draw term loan, each maturing in May 2030. 'The continued strong support from our key banking partners reflects our solid track record of operating performance and confidence in our business model,' said Rob Kuhns, Chief Financial Officer of TopBuild. 'The transaction significantly increased our available liquidity and financial flexibility, further strengthening our ability to execute our capital allocation strategy.' The amended credit facilities will bear interest at the Secured Overnight Financing Rate (SOFR) plus 1.25% per annum (subject to adjustment based on a leverage-based pricing grid). About TopBuild TopBuild Corp., headquartered in Daytona Beach, Florida, is a leading installer and specialty distributor of insulation and related building material products to the construction industry in the United States and Canada. We provide insulation installation services nationwide through our Installation segment which has more than 200 branches located across the United States. We distribute building and mechanical insulation, insulation accessories and other building product materials for the residential, commercial, and industrial end markets through our Specialty Distribution business. Our Specialty Distribution network encompasses more than 150 branches across the United States and Canada. To learn more about TopBuild please visit our website at This press release was published by a CLEAR® Verified individual.
Yahoo
19-05-2025
- Business
- Yahoo
TopBuild Extends and Upsizes Senior Secured Credit Facilities
Increases Borrowing Capacity to $2.25 Billion and Extends Maturities to May 2030 DAYTONA BEACH, Fla., May 19, 2025 (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 announced the extension and upsizing of its existing senior secured credit facilities. The new $2.25 billion facilities include a $1.0 billion term loan, a $1.0 billion revolving credit facility and a $250.0 million delayed draw term loan, each maturing in May 2030. 'The continued strong support from our key banking partners reflects our solid track record of operating performance and confidence in our business model,' said Rob Kuhns, Chief Financial Officer of TopBuild. 'The transaction significantly increased our available liquidity and financial flexibility, further strengthening our ability to execute our capital allocation strategy.' The amended credit facilities will bear interest at the Secured Overnight Financing Rate (SOFR) plus 1.25% per annum (subject to adjustment based on a leverage-based pricing grid). About TopBuild TopBuild Corp., headquartered in Daytona Beach, Florida, is a leading installer and specialty distributor of insulation and related building material products to the construction industry in the United States and Canada. We provide insulation installation services nationwide through our Installation segment which has more than 200 branches located across the United States. We distribute building and mechanical insulation, insulation accessories and other building product materials for the residential, commercial, and industrial end markets through our Specialty Distribution business. Our Specialty Distribution network encompasses more than 150 branches across the United States and Canada. To learn more about TopBuild please visit our website at This press release was published by a CLEAR® Verified individual. CONTACT: Investor Relations and Media Contact PI Aquino 386-763-8801Sign in to access your portfolio
Yahoo
07-05-2025
- Business
- Yahoo
TopBuild Corp (BLD) Q1 2025 Earnings Call Highlights: Navigating Market Challenges with ...
Q : Can you provide insights into the commercial and industrial projects that were previously delayed due to financing issues? A : Robert Buck, President and CEO, explained that many projects have moved forward as stakeholders have adjusted to the current financing environment. The company has seen an increase in projects coming online, and their teams are executing well across various verticals, contributing to share gains. TopBuild Corp ( NYSE:BLD ) adjusted its residential sales outlook to a high single-digit decline for the full year, reflecting ongoing challenges in the housing market. Adjusted gross profit margin decreased by 70 basis points to 29.6%, driven by lower sales volume and pressure on distribution pricing for residential products. Total sales for TopBuild Corp ( NYSE:BLD ) declined by 3.6% to $1.2 billion, primarily due to weakness in new residential construction. The company closed the acquisition of Seal-Rite, enhancing its capital allocation strategy and expanding its market presence. The company's Specialty Distribution segment saw low single-digit sales growth, driven by robust performance in the DI mechanical insulation business in both the US and Canada. For the complete transcript of the earnings call, please refer to the full earnings call transcript . Story Continues Q: How does TopBuild plan to navigate the pricing environment given potential changes in manufacturer capacity utilization? A: Robert Buck noted that while material pricing is fluid, TopBuild maintains strong relationships with manufacturers to manage supply and demand dynamics. The company does not anticipate new pricing changes in 2025 but expects to leverage its size and capabilities to maintain favorable pricing. Q: What adjustments have been made to the residential outlook, and what are the offsets? A: Robert Kuhns, CFO, stated that the residential outlook has been adjusted to reflect a high single-digit decline, primarily due to slower single-family demand. However, this is offset by stronger commercial and industrial sales and the acquisition of Seal-Rite, which adds to the M&A assumption. Q: Can you elaborate on the footprint optimization and its impact on the business? A: Robert Buck explained that the consolidation of 33 facilities was part of a strategic optimization project using their technology platform. This initiative is expected to generate ongoing efficiencies and savings, which are already factored into the company's guidance. Q: How is TopBuild managing labor adjustments in response to the revised residential outlook? A: Robert Kuhns mentioned that the company is continuously balancing labor needs market by market. While significant adjustments were made in Q1, further changes will be more incremental, ensuring they do not cut too deeply and remain prepared for potential M&A opportunities. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
05-05-2025
- Business
- Yahoo
TopBuild (BLD) Reports Q1: Everything You Need To Know Ahead Of Earnings
Building services and installation company TopBuild (NYSE:BLD) will be announcing earnings results tomorrow morning. Here's what investors should know. TopBuild met analysts' revenue expectations last quarter, reporting revenues of $1.31 billion, up 2% year on year. It was a slower quarter for the company, with full-year revenue guidance missing analysts' expectations. Is TopBuild a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting TopBuild's revenue to decline 3.9% year on year to $1.23 billion, a reversal from the 1.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $4.40 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. TopBuild has missed Wall Street's revenue estimates five times over the last two years. Looking at TopBuild's peers in the home builders segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Taylor Morrison Home delivered year-on-year revenue growth of 11.5%, beating analysts' expectations by 5.7%, and Tri Pointe Homes reported a revenue decline of 21.1%, topping estimates by 4%. Taylor Morrison Home traded down 1.1% following the results while Tri Pointe Homes was also down 1.6%. Read our full analysis of Taylor Morrison Home's results here and Tri Pointe Homes's results here. There has been positive sentiment among investors in the home builders segment, with share prices up 13% on average over the last month. TopBuild is up 4.9% during the same time and is heading into earnings with an average analyst price target of $365.18 (compared to the current share price of $301.21). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
