TopBuild Expands Specialty Distribution With Metro Supply Buyout [Yahoo! Finance]
TopBuild Corp. (BLD)
NASDAQ:AMEX Investor Relations:
topbuild.com/investors/overview/default.aspx
Company Research
Source: Yahoo! Finance
The move is expected to generate an additional $35 million in annual revenues while expanding TopBuild's market reach into the New York/New Jersey and Baltimore/Washington areas. The acquisition, set to close in the fourth quarter of 2024, adds two strategically located branches to TopBuild's Specialty Distribution network. CEO Robert Buck emphasized that Metro Supply aligns with TopBuild's focus on delivering high-quality products and exceptional customer service. The Metro Supply deal is the latest in a string of strategic acquisitions for TopBuild this year. During the nine months of 2024, the company has acquired seven businesses, including Shannon Global Energy Services, Green Space Insulation, and Texas Insulation, collectively contributing approximately $118 million in annual revenues. By targeting both installation services and specialty distribution, TopBuild stock has positioned itself for strong growth. Metro Supply's mechanical and acoustical insulation portfolio wil
Show less
Read more
Impact Snapshot
Event Time:
BLD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BLD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BLD alerts
High impacting TopBuild Corp. news events
Weekly update
A roundup of the hottest topics
BLD
News
- TopBuild Corp. (NYSE: BLD) was downgraded by analysts at Evercore ISI from an "outperform" rating to an "inline" rating. They now have a $381.00 price target on the stock, down previously from $443.00.MarketBeat
- TopBuild Corp. (NYSE: BLD) was downgraded by analysts at Evercore ISI from an "outperform" rating to an "inline" rating. They now have a $381.00 price target on the stock, down previously from $443.00.MarketBeat
- TopBuild Corp. (NYSE: BLD) was downgraded by analysts at Seaport Res Ptn from a "strong-buy" rating to a "hold" rating.MarketBeat
- Spotting Winners: TopBuild (NYSE:BLD) And Home Builders Stocks In Q3 [Yahoo! Finance]Yahoo! Finance
- TopBuild to Acquire Metro Supply Company [Yahoo! Finance]Yahoo! Finance
BLD
Earnings
- 11/5/24 - Beat
BLD
Sec Filings
- 12/5/24 - Form SC
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- BLD's page on the SEC website