TopBuildBLD
Market Cap: $10.9B
About: TopBuild Corp is an installer and distributor of insulation products. Its operating segments involve the Installation and Specialty Distribution segment. The installation segment provides insulation installation services nationwide through contractor services business. Speciality Distribution segment distributes building and mechanical insulation, insulation accessories and other building product materials for the residential, commercial, and industrial end markets. The majority of revenue is earned from the installation segment. Its main customers are contractors. Other products include gutters, after-paint, garage doors, fireplaces, and fireproofing and stopping. TopBuild operates majorly in the United States.
Employees: 14,012
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
32% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 56
4% more funds holding
Funds holding: 502 [Q1] → 520 (+18) [Q2]
10% less call options, than puts
Call options by funds: $15.2M | Put options by funds: $16.8M
10% less repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 194
3.29% less ownership
Funds ownership: 94.22% [Q1] → 90.93% (-3.29%) [Q2]
15% less capital invested
Capital invested by funds: $13.1B [Q1] → $11.1B (-$2B) [Q2]
75% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 1 (-3) [Q2]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
DA Davidson Kurt Yinger 33% 1-year accuracy 2 / 6 met price target | 28%upside $460 | Buy Maintained | 9 Aug 2024 |
Stephens & Co. Trey Grooms 50% 1-year accuracy 12 / 24 met price target | 11%upside $400 | Equal-Weight Maintained | 8 Aug 2024 |
Evercore ISI Group Stephen Kim 65% 1-year accuracy 13 / 20 met price target | 36%upside $489 | Outperform Maintained | 7 Aug 2024 |
Truist Securities Keith Hughes 61% 1-year accuracy 36 / 59 met price target | 10%upside $395 | Hold Maintained | 7 Aug 2024 |
Jefferies Philip Ng 44% 1-year accuracy 7 / 16 met price target | 49%upside $536 | Buy Maintained | 17 Jul 2024 |