Topbuild Corp Stock Price, News & Analysis

TopBuild Corp. (NYSE:BLD), a leading installer and distributor of insulation and building materials in the US and Canada, has announced its participation in the Jefferies Industrials Conference. Robert Buck, the company's President and CEO, will engage in a live fireside chat on Wednesday, September 4 at 11:00 a.m. Eastern Time.

The 30-minute presentation will be webcast and accessible through the company's website or via a direct link. This event provides an opportunity for investors and analysts to gain insights into TopBuild's operations, strategies, and market position within the construction industry.

TopBuild Corp. (NYSE:BLD) reported solid Q2 2024 results with sales growing 3.7% to $1.37 billion and adjusted EBITDA of $277.7 million (20.3% margin). Both segments showed growth, but volume was lower than expected due to high interest rates, project delays, and supply constraints. The company revised its 2024 guidance to $5.3-$5.5 billion in revenue and $1.055-$1.125 billion in adjusted EBITDA. Year-to-date, TopBuild completed 6 acquisitions expected to generate $107 million in annual revenue. The company also repurchased 1.25 million shares for $505.2 million, demonstrating confidence in future growth.

TopBuild Corp. (NYSE: BLD), a major installer and distributor of insulation and building materials in the US and Canada, is set to release its second-quarter 2024 financial results before 7:00 a.m. on Tuesday, August 6. A conference call will follow at 9:00 a.m. Eastern time to discuss these results. Investors can join the call by dialing 1-877-407-9037 (US) or 1-201-493-6738 (international) ten minutes prior to the call. A live, listen-only webcast will be accessible at the company's official website.

TopBuild Corp. (NYSE:BLD), a prominent installer and distributor of insulation and related building materials in the U.S. and Canada, has acquired Texas Insulation. This company generates approximately $39 million in annual revenue and operates from locations in Dallas, Houston, and Austin. Texas Insulation primarily installs spray foam and fiberglass insulation, catering to residential and light commercial markets. According to Robert Buck, President and CEO of TopBuild, this acquisition will expand TopBuild's spray foam capabilities in a significant and growing market, highlighting their strategy of growth through acquisitions.

TopBuild Corp. (NYSE:BLD) reported first-quarter results with sales growing 1.1% to $1.3 billion, gross margin expanding to 30.3%, and adjusted EBITDA margin increasing to 19.8%. The company also announced a $1 billion share repurchase authorization and raised its 2024 outlook due to strong performance and recent acquisitions.

TopBuild Corp. (NYSE:BLD) has announced the acquisition of Insulation Works, based in Wickes, Ark., a residential, commercial, and agricultural installer generating $28 million in annual revenue. This acquisition expands TopBuild's expertise to the agricultural market, with the transaction expected to close in May. The President and CEO of TopBuild, Robert Buck, expressed excitement about the addition of Insulation Works, highlighting the strategic importance of targeting businesses in the core area of insulation for future growth.

TopBuild Corp. (NYSE:BLD) has achieved the 2024 Great Place to Work Certification for the second year in a row. The certification is based on employee feedback and recognizes the company's commitment to creating a positive workplace culture. Robert Buck, President and CEO, highlighted the company's dedication to supporting employee development and providing career opportunities.