
TopBuild (BLD) Stock Forecast & Price Target
TopBuild (BLD) Analyst Ratings
Bulls say
TopBuild Corp demonstrated robust financial performance in the fourth quarter, with sales for the Installation segment reaching $602 million, exceeding expectations and reflecting a 7% year-over-year increase. Revenue growth was primarily driven by mergers and acquisitions, contributing over 2% to the segment's revenue, while overall consolidated revenue for the quarter increased by 2% year-over-year, supported by growth in the Specialty Distribution segment. Furthermore, the company reported an adjusted EBITDA growth of 8% year-over-year, achieving an EBITDA margin of 17.7%, which marks a 20 basis point improvement compared to the previous year's quarter, indicating enhanced operational efficiency and profitability.
Bears say
TopBuild Corp's outlook is negatively affected by an anticipated decline in its EBITDA margin, projected to decrease by 100 basis points to 19.2% in 2024, driven by subdued growth in the commercial and industrial segments and mid single-digit declines in the residential sector. The company reported a 4.1% year-over-year volume decline, with significant weakening in the multi-family sector, which is expected to persist as the multi-family backlog continues to diminish. Furthermore, the combination of a declining multi-family market and a stagnant single-family housing outlook is anticipated to exert additional pressure on revenue in 2025.
This aggregate rating is based on analysts' research of TopBuild and is not a guaranteed prediction by Public.com or investment advice.
TopBuild (BLD) Analyst Forecast & Price Prediction
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