TopBuild Expands Specialty Distribution With Metro Supply Buyout

Zacks11-21

TopBuild Corp. BLD continues to strengthen its foothold in the construction industry with its latest acquisition of Metro Supply Company. The move is expected to generate an additional $35 million in ...

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The move is expected to generate an additional $35 million in ...</p>\n\n<a href=\"https://finance.yahoo.com/news/topbuild-expands-specialty-distribution-metro-144500234.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TopBuild Expands Specialty Distribution With Metro Supply Buyout</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTopBuild Expands Specialty Distribution With Metro Supply Buyout\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-21 22:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/topbuild-expands-specialty-distribution-metro-144500234.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TopBuild Corp. BLD continues to strengthen its foothold in the construction industry with its latest acquisition of Metro Supply Company. The move is expected to generate an additional $35 million in ...</p>\n\n<a href=\"https://finance.yahoo.com/news/topbuild-expands-specialty-distribution-metro-144500234.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1093756168.USD","symbol_name":"FRANKLIN K2 ALTERNATIVE STRATEGIES \"A\" (USD) ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/topbuild-expands-specialty-distribution-metro-144500234.html","article_id":"2485414443","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/BD0S9yX7piwkJyMTGgPnHw--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/bd86b3d9c3070c7327b450f3089310c8"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485414443","pubTimestamp":1732200300,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"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 will integrate seamlessly into TopBuild’s existing operations, further strengthening its Specialty Distribution offerings.TopBuild’s Continued Focus on Growth and Shareholder Value. TopBuild’s disciplined acquisition strategy underscores its commitment to long-term growth and shareholder returns. The integration of Metro Supply’s operations is expected to create new synergies, enhance customer reach, and bolster revenue streams.For investors, the company’s strategic expansion ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1093756168.USD":"FRANKLIN K2 ALTERNATIVE STRATEGIES \"A\" (USD) ACC","LU1093756325.SGD":"FTIF - Franklin K2 Alt Strat Fd A (acc) SGD-H1","LU2065731478.USD":"ALLSPRING (LUX) WORLDWIDE FUND - SMALL CAP INNOVA \"I\" (USD) ACC","BK4585":"ETF&股票定投概念","BK4186":"林业产品","BLD":"TopBuild Corp.","MTZ":"MasTec Inc","LU2355687059.USD":"NORDEA 1 GLOBAL IMPACT  \"BP\" (USD) ACC","BK4588":"碎股","LPX":"路易斯安那太平洋","BK4088":"住宅建筑","STRL":"Sterling Construction Company In","BK4129":"建筑与工程","LU2463526074.USD":"NORDEA 1 - GLOBAL CLIMATE ENGAGEMENT \"BP\" (USD) ACC"},"translate_title":"TopBuild通过收购Metro Supply扩大专业分销","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BLD":1,"LPX":1,"MTZ":1,"STRL":1},"content_text":"TopBuild Corp. BLD continues to strengthen its foothold in the construction industry with its latest acquisition of Metro Supply Company. 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.\nTopBuild’s Acquisition Strategy in 2024\nThe 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 will integrate seamlessly into TopBuild’s existing operations, further strengthening its Specialty Distribution offerings.\nTopBuild’s Continued Focus on Growth and Shareholder Value\nTopBuild’s disciplined acquisition strategy underscores its commitment to long-term growth and shareholder returns. The integration of Metro Supply’s operations is expected to create new synergies, enhance customer reach, and bolster revenue streams.For investors, the company’s strategic expansion into high-demand regions and its focus on core competencies make TopBuild stock a compelling choice. However, the stock’s success will hinge on its ability to execute these acquisitions efficiently and meet growth targets. \nImage Source: Zacks Investment Research\nShares of BLD have gained 19.6%, underperforming the industry’s 41.2% rise. The company has been suffering from ongoing challenges in the housing market and delays in commercial and industrial projects.Yet, the company remains optimistic given the growing demand for energy efficiency, the U.S. housing supply shortage, increasing household formations and the potential for lower interest rates.\nBLD’s Zacks Rank & Key Picks\nTopBuild currently carries a Zacks Rank #3 (Hold).Here are some better-ranked stocks from the Zacks Construction sector:Sterling Infrastructure, Inc. STRL presently sports a Zacks Rank #1 (Strong Buy). It has a trailing four-quarter earnings surprise of 21.5%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.\nShares of STRL have gained 195.6% in the past year. The Zacks Consensus Estimate for STRL’s 2024 sales and earnings per share (EPS) implies an increase of 9% and 33.3%, respectively, from the prior-year levels.Louisiana-Pacific Corporation LPX currently sports a Zacks Rank of 1. LPX delivered a trailing four-quarter earnings surprise of 30.7%, on average. The stock has gained 81.9% in the past year.The Zacks Consensus Estimate for LPX’s 2024 sales and EPS indicates an increase of 12.7% and 72.1%, respectively, from a year ago.MasTec, Inc. MTZ presently sports a Zacks Rank of 1. MTZ delivered a trailing four-quarter earnings surprise of 40.2%, on average. The stock has risen 145.6% in the past year.The Zacks Consensus Estimate for MTZ’s 2024 sales and EPS indicates an increase of 1.9% and 84.3%, respectively, from a year ago.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nLouisiana-Pacific Corporation (LPX) : Free Stock Analysis Report\nSterling Infrastructure, Inc. (STRL) : Free Stock Analysis Report\nMasTec, Inc. (MTZ) : Free Stock Analysis Report\nTopBuild Corp. (BLD) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485414443"}