Builders FirstSource, Inc. (NASDAQ:BLDR) Expected to Post Quarterly Sales of $5.32 Billion

Equities research analysts expect Builders FirstSource, Inc. (NASDAQ:BLDR – Get Rating) to report $5.32 billion in sales for the current quarter, according to Zacks. Five analysts have issued estimates for Builders FirstSource’s earnings. The lowest sales estimate is $4.99 billion and the highest is $5.86 billion. Builders FirstSource posted sales of $5.58 billion during the same quarter last year, which would indicate a negative year over year growth rate of 4.7%. The business is expected to announce its next earnings results on Monday, January 1st.

According to Zacks, analysts expect that Builders FirstSource will report full year sales of $20.31 billion for the current year, with estimates ranging from $18.88 billion to $21.17 billion. For the next fiscal year, analysts expect that the firm will post sales of $19.61 billion, with estimates ranging from $17.35 billion to $22.23 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Builders FirstSource.

Separately, StockNews.com assumed coverage on shares of Builders FirstSource in a report on Thursday, March 31st. They set a “buy” rating for the company.

BLDR stock opened at $64.00 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.86 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $11.31 billion, a price-to-earnings ratio of 7.52 and a beta of 2.13. Builders FirstSource has a 12 month low of $39.24 and a 12 month high of $86.48.

Builders FirstSource Company Profile (Get Rating)

Builders FirstSource, Inc, together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, steel roof trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior and exterior trims and custom products under the Synboard brand name.

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