Topbuild Corp is a leading provider of insulation and building material services for residential and commercial construction projects in the United States and beyond
The company specializes in the installation of insulation products, including fiberglass and spray foam insulation, while also offering related services to enhance energy efficiency and comfort in buildings. With a focus on high-quality customer service and innovative solutions, Topbuild operates a network of operational branches and distribution centers to meet the needs of contractors, builders, and homeowners.
Over the past six months, TopBuild’s stock price fell to $354.66. Shareholders have lost 16.1% of their capital, which is disappointing considering the S&P 500 has climbed by 11.9%. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
Sustainable investing faces mixed signals but select stocks, like EVgo, Plug Power, TopBuild, AZEK, and Air Products, are poised for growth in 2025 due to ESG catalysts and green trends.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how home builders stocks fared in Q3, starting with TopBuild (NYSEBLD).
Building services and installation company TopBuild (NYSEBLD) missed Wall Street’s revenue expectations in Q3 CY2024 as sales rose 3.6% year on year to $1.37 billion. The company’s full-year revenue guidance of $5.33 billion at the midpoint came in 1.3% below analysts’ estimates. Its non-GAAP profit of $5.68 per share was 1.8% above analysts’ consensus estimates.
Milton's impact on Florida housing market: $1.7-2.5B hit, delays in construction & closings. Major builders like PulteGroup, Lennar, D.R. Horton have significant exposure in affected regions.
These 10 stocks had the biggest drop last week, with McKesson Corporation, BIO-TECHNE Corp, and Warner Bros. Discovery, Inc. being the worst performers.
Global temperatures continue breaking records in July 2024. This trend is caused by human impact on the climate and led to extreme weather events and potential investment opportunities in companies producing air-conditioning units.
