The TopBuild Corp (BLD) share price is expected to increase by 13.75% over the next year. This is based on calculating the average 12-month share price estimate provided by 12 stock analysts who have covered BLD. Price targets range from $395 at the low end to $490 at the high end. The current analyst consensus for BLD is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
TopBuild Corp has a total of 12 Wall St Analyst ratings. There are 9 buy ratings, 3 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that TopBuild Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of BLD.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Kurt Yinger DA Davidson | Buy | $450 | Maintains | Nov 7, 2024 |
Stephen Kim Evercore ISI Group | Outperform | $443 | Maintains | Nov 6, 2024 |
Stephen Kim Evercore ISI Group | Outperform | $491 | Maintains | Oct 16, 2024 |
Philip Ng Jefferies | Buy | $515 | Maintains | Oct 9, 2024 |
Kurt Yinger DA Davidson | Buy | $460 | Maintains | Aug 9, 2024 |
Trey Grooms Stephens & Co. | Equal-Weight | $400 | Maintains | Aug 8, 2024 |
Stephen Kim Evercore ISI Group | Outperform | $489 | Maintains | Aug 7, 2024 |
Keith Hughes Truist Securities | Hold | $395 | Maintains | Aug 7, 2024 |
Philip Ng Jefferies | Buy | $536 | Maintains | Jul 17, 2024 |
Stephen Kim Evercore ISI Group | Outperform | $555 | Maintains | Jul 15, 2024 |
Reuben Garner Benchmark | Buy | $470 | Maintains | May 8, 2024 |
Trey Grooms Stephens & Co. | Equal-Weight | $425 | Reiterates | Apr 23, 2024 |
Stephen Kim Evercore ISI Group | Outperform | $527 | Maintains | Apr 2, 2024 |
Rafe Jadrosich B of A Securities | Buy | $475 | Maintains | Mar 14, 2024 |
Kurt Yinger DA Davidson | Buy | $470 | Initiates | Mar 5, 2024 |
Susan Maklari Goldman Sachs | Buy | $429 | Maintains | Mar 1, 2024 |
Reuben Garner Benchmark | Buy | $450 | Maintains | Mar 1, 2024 |
Stephen Kim Evercore ISI Group | Outperform | $441 | Maintains | Feb 23, 2024 |
Susan Maklari Goldman Sachs | Buy | $419 | Maintains | Jan 11, 2024 |
Jeffrey Stevenson Loop Capital | Buy | Upgrade | Jan 8, 2024 |
When did it IPO
2015
Staff Count
14,012
Country
United States
Sector/Industry
Industrials/Engineering & Construction
CEO
Mr. Robert M. Buck
Market Cap
$11.52B
In 2023, BLD generated $5.19B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that BLD's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - TopBuild has expanded its commercial and industrial offerings by acquiring a mechanical insulation distributor, Metro Supply, which generates approximately $35 million in annual revenue.
Why It Matters - The expansion enhances TopBuildโs revenue streams and market presence, potentially increasing profitability and shareholder value through strengthened customer relationships.
Summary - TopBuild Corp. has acquired Metro Supply Company, expected to add $35 million in annual revenues and expand its market presence in New York/New Jersey and Baltimore/Washington areas.
Why It Matters - TopBuild's acquisition of Metro Supply Company enhances revenue by $35 million and expands market presence, indicating growth potential and increased competitiveness in the construction sector.
Summary - TopBuild Corp (NYSE:BLD) will hold its Q3 2024 earnings conference call on November 5, 2024, at 9:00 AM ET, featuring key executives and analysts from major firms.
Why It Matters - TopBuild's Q3 2024 results will provide insights into company performance, affecting stock valuation and investor sentiment, particularly in the construction and building materials sectors.
Summary - TopBuild Corp. reported Q3 sales of $1.37 billion, with installation growth of 4.2% and specialty distribution growth of 5.1%. Gross margin was 30.7%, and adjusted EBITDA margin was 20.8%. 2024 revenue guidance narrowed to $5.3-$5.35 billion.
Why It Matters - Strong sales growth and improved margins signal robust demand in the construction sector. Narrowed guidance suggests confidence in future performance, affecting stock valuation and investor sentiment.
Summary - TopBuild (BLD) reported quarterly earnings of $5.68 per share, exceeding the Zacks Consensus Estimate of $5.62 and up from $5.43 per share a year earlier.
Why It Matters - TopBuild's earnings beat expectations and show year-over-year growth, indicating strong financial health and potential for stock price appreciation.
Summary - TopBuild (BLD) reported its revenue and EPS for Q3 2024, indicating performance metrics that should be compared with Wall Street estimates and the same quarter from the previous year.
Why It Matters - Comparing TopBuild's revenue and EPS against Wall Street estimates and previous year figures provides insights into growth trends and market expectations, influencing stock valuation and investment decisions.