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Stock impact report

Reflecting On Home Builders Stocks' Q4 Earnings: TopBuild (NYSE:BLD) [Yahoo! Finance]

TopBuild Corp. (BLD) 
NASDAQ:AMEX Investor Relations: topbuild.com/investors/overview/default.aspx
Company Research Source: Yahoo! Finance
Today, we are looking at home builders stocks, starting with TopBuild (NYSE:BLD). Traditionally, homebuilders have built competitive advantages with economies of scale that lead to advantaged purchasing and brand recognition among consumers. Aesthetic trends have always been important in the space, but more recently, energy efficiency and conservation are driving innovation. However, these companies are still at the whim of the macro, specifically interest rates that heavily impact new and existing home sales. In fact, homebuilders are one of the most cyclical subsectors within industrials. The 13 home builders stocks we track reported a mixed Q4. As a group, revenues beat analysts' consensus estimates by 3.6%. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 6.8% since the latest earnings results. TopBuild (NYSE:BLD) Established in 2015 following a spinoff from Masco Corporation, TopBuild (NYSE:BLD) is a distributor and ins Show less Read more
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