Stocks exposed to the US housing market plummeted Wednesday as investors assessed grim outlooks from companies like home improvement retailer Lowe’s Cos Inc., and weighed the lack of a housing policy update during President Donald Trump’s State of the Union speech. The S&P composite homebuilder index shed as much as 5.2%, the most since last April’s tariff-related market meltdown. The declines were led by Green Brick Partners Inc., Lennar Corp., Champion Homes Inc., Dream Finders Homes Inc., Installed Bui ...

美股房屋建筑商股票周三大幅下挫，投资者评估劳氏和家得宝等公司对住房前景的悲观看法，以及特朗 普在国情咨文演讲中未公布任何新的住房政策。 行业研究分析师Drew Reading表示，"此前市场曾乐观预期政府会推出新的政策来支持市场，但最终演 讲只是提到了利率下降，并重申了禁止机构投资者购买独栋住宅的提议"。 标普综合1500房屋建筑指数一度下跌5.2%，为4月10日以来最大盘中跌幅。 指数中跌幅居前的个股包括Installed Building Products、Dream Finders Homes、PulteGroup、霍顿房屋公 司、莱纳公司和TopBuild。 指数中跌幅居前的个股包括Installed Building Products、Dream Finders Homes、PulteGroup、霍顿房屋公 司、莱纳公司和TopBuild。 责任编辑：李桐 责任编辑：李桐 美股房屋建筑商股票周三大幅下挫，投资者评估劳氏和家得宝等公司对住房前景的悲观看法，以及特朗 普在国情咨文演讲中未公布任何新的住房政策。 行业研究分析师Drew Reading表示，"此前市场曾乐观预期政府会推出新的政策来支持市场， ...

Hillman Solutions Corp. (HLMN) came out with quarterly earnings of $0.1 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.1 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +5.26%. A quarter ago, it was expected that this company would post earnings of $0.18 per share when it actually produced earnings of $0.22, delivering a surprise of +22.22%.Over the last four quarters, the company has su ...

Core Insights - Advanced Drainage Systems reported quarterly earnings of $1.27 per share, exceeding the Zacks Consensus Estimate of $1.11 per share, and showing an increase from $1.09 per share a year ago [1] - The company achieved a revenue of $693.35 million for the quarter, surpassing the Zacks Consensus Estimate by 0.99% and slightly up from $690.54 million year-over-year [3] Earnings Performance - The earnings surprise for the quarter was +14.51%, with the company having surpassed consensus EPS estimates three times in the last four quarters [2] - In the previous quarter, the company reported earnings of $1.97 per share against an expectation of $1.70, resulting in a surprise of +15.88% [2] Stock Performance - Advanced Drainage shares have increased by approximately 10.7% since the beginning of the year, significantly outperforming the S&P 500, which gained only 0.5% [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.94 on revenues of $622.77 million, while for the current fiscal year, the estimate is $5.98 on revenues of $2.99 billion [8] - The estimate revisions trend for Advanced Drainage was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [7] Industry Context - The Building Products - Miscellaneous industry, to which Advanced Drainage belongs, is currently ranked in the bottom 26% of over 250 Zacks industries, suggesting potential challenges ahead [9] - Another company in the same industry, TopBuild, is expected to report a year-over-year earnings decline of 15% in its upcoming results, indicating broader industry pressures [10]

Company Overview - Installed Building Products (IBP) shares increased by 5.7% to close at $303.31, supported by strong trading volume, compared to a 4.7% gain over the past four weeks [1][2] Recent Developments - IBP announced three acquisitions: Thermo-Tech Mechanical Insulation, Biomax Spray Foam Insulation, and CKV Finished Products, which will enhance its national footprint and diversify revenues across attractive building product categories [2] Financial Performance Expectations - IBP is expected to report quarterly earnings of $2.83 per share, reflecting a year-over-year decline of 2.4%, with revenues projected at $739.72 million, down 1.4% from the previous year [3] - The consensus EPS estimate for IBP has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] Industry Context - IBP holds a Zacks Rank of 3 (Hold) within the Zacks Building Products - Miscellaneous industry, while TopBuild (BLD), a peer in the same industry, closed 3.5% higher at $480.56 and has returned 4.9% over the past month [5]

You're leaning in to that, Mr. . Simpson. You have a new buy.It is Eagle Materials, EXP. Let's show the chart. >> So, this is a building manufacturing company, Scott.So, from a material standpoint, we've had Home Depot for a long time. That's more, I think, residential. This is something where we're thinking about branching out into multif family commercial does have some residential for sure but also when you think of the data centers talking about concrete there's so much in the way of the supply business ...

Core Insights - Argan, Inc. (AGX) shares have increased by 49% over the past six months, significantly outperforming the Zacks Building Products - Miscellaneous industry's growth of 18.2% and the broader Construction sector and S&P 500, which grew by 12.4% and 14.3% respectively [1][5]. Industry Overview - The construction environment is mixed, but demand for power generation and grid reliability remains strong. Factors such as tariffs, high input and labor costs, and inflation exert some pressure, yet infrastructure spending related to electricity demand and system upgrades is resilient [3][4]. Company Performance - Argan is experiencing steady momentum due to increasing demand for reliable power generation and grid infrastructure. The company benefits from rising electricity consumption driven by data centers, AI workloads, and electrification, which supports large natural gas projects where its EPC capabilities provide a competitive advantage [4][9]. - Argan's backlog reached a record of nearly $3 billion, providing clear revenue visibility across multi-year projects. The company is expanding its services beyond power to include industrial and telecom construction [8][12]. Backlog and Project Mix - The backlog consists of over 6 gigawatts of generation capacity, with management expecting to maintain 10-12 active projects at any time. This backlog supports predictable revenue progression extending into 2027 [12]. - Approximately 79% of the backlog is associated with gas-fired facilities, reflecting the demand for reliable power to support renewable generation and rising electricity consumption [14]. Revenue Diversification - Argan is diversifying its revenue streams through its Industrial Construction Services and Telecommunications Infrastructure Services segments. In Q3 of fiscal 2026, revenues from Industrial Construction Services increased by 19% year over year to $49 million, while Telecommunications Infrastructure Services revenues rose by 76% to $6.3 million [16]. Valuation and Earnings Outlook - AGX stock is trading at a forward P/E ratio of 31.47, which is higher than peers like TopBuild, Frontdoor, and Gibraltar, which have forward P/E ratios of 24.37, 14.94, and 11.9 respectively [17][19]. - Despite the premium valuation, analysts have revised AGX's earnings estimates upward, projecting a 23.2% year-over-year growth in earnings for fiscal 2027, with expected revenue growth of 37.4% [20].

Core Insights - The construction sector is experiencing a boom, with significant demand for insulation and building materials, benefiting companies like TopBuild, Installed Building Products (IBP), and Owens Corning [5][16]. Company Summaries - **TopBuild** is the largest installer and distributor of insulation in the U.S., operating hundreds of branches and serving both residential and commercial sectors. The company has shown strong financial performance, with a 47.6% return over the past year and a market cap of $13.1 billion [4][6][9]. - **Installed Building Products (IBP)** focuses on residential new construction and has expanded through acquisitions. The company is sensitive to housing starts, which directly impacts its performance [2][15]. - **Owens Corning** manufactures insulation materials and other products, facing challenges related to raw material costs and manufacturing overhead. Despite generating more revenue than TopBuild, Owens Corning has a lower market cap of $10.24 billion and has experienced negative earnings recently [3][10][15]. Financial Performance - TopBuild has consistently outperformed earnings estimates, with a nearly tripled annual EPS from $7.30 in 2020 to $21.04 in 2024. The company reported a Q3 2025 operating margin of 16.4% on revenue of $1.39 billion [7][13]. - Owens Corning's operating margin is at 18.1%, but it has faced negative trailing earnings of $0.86, indicating recent operational challenges despite a year-over-year growth of 31.2% [7][15]. - TopBuild's return on equity stands at 26.2%, showcasing its effective conversion of revenue into shareholder value, while Owens Corning's lower valuation reflects investor concerns about its manufacturing-heavy model [8][10]. Market Positioning - TopBuild's installer-distributor model allows it to capture value from both product markup and labor, providing superior margins compared to pure manufacturers like Owens Corning [14][16]. - The company has a strong negotiating position with suppliers due to its scale and extensive branch network, enabling it to efficiently serve large national builders [14]. - IBP, while benefiting from similar market dynamics, operates on a smaller scale and is more concentrated in residential construction, which may limit its growth compared to TopBuild [15]. Stock Performance - TopBuild's stock has gained 11.63% in the first nine trading days of 2026, trading near its 52-week high, reflecting strong market confidence in its business model [9][10]. - Owens Corning's stock has also seen a year-to-date increase of 10.14%, but its one-year return is negative at 25.84%, indicating a divergence in market sentiment between the two companies [9]. Conclusion - The ongoing construction boom is expected to continue driving demand for insulation, with TopBuild positioned as the primary beneficiary due to its operational model, scale, and consistent execution [16].

Company Overview - TopBuild Corp. (NYSE:BLD) specializes in supplying and installing insulation and building materials, including glass, roofing, gutters, and shelving [1] Market Position - The stock is currently trading at 20 times earnings, indicating a strong market position in the insulation sector [1] - Despite the company's potential, the stock is perceived to be ahead of its fair value, especially as the broader building materials cohort is experiencing declines [1] Investment Insights - Jim Cramer suggests that while TopBuild Corp. is a solid company, it may be prudent for investors to trim their positions due to its recent performance [1] - There are indications that certain AI stocks may present better investment opportunities with higher upside potential and lower downside risk compared to TopBuild Corp. [1]

Group 1 - Lumen Technologies, Inc. has seen its stock "run too much," prompting caution from analysts [1] - Jim Fowler has been appointed as the chief technology & product officer of Lumen on December 5 [1] - Unusual Machines, Inc. is experiencing significant financial losses and is considered a highly speculative investment [1] Group 2 - Jones Trading initiated coverage on Unusual Machines with a Buy rating and set a price target of $20 [2] - TopBuild Corp. is in a strong market for insulation, but analysts suggest taking some profits due to its recent stock performance [2] - Jefferies analyst raised the price target for TopBuild from $518 to $536 while maintaining a Buy rating [2] Group 3 - Horizon Technology Finance Corporation is viewed with skepticism due to a lack of transparency regarding its assets [3] - Horizon Technology Finance priced a $57.50 million offering of 7.00% notes due in 2028 on December 11 [3] - Cal-Maine Foods, Inc. is characterized as a volatile stock and is not favored by analysts [3] Group 4 - Unusual Machines shares increased by 2.3% to $9.30 [4] - TopBuild shares closed at $428.59 [4] - Horizon Technology Finance shares rose by 0.5% to $6.54 [4] - Lumen shares also rose by 0.5% to $8.10 [4] - Cal-Maine shares fell by 2.1% to $86.15 [4]