Builders FirstSource, Inc. (NYSE:BLDR) Receives Average Rating of “Hold” from Analysts

Shares of Builders FirstSource, Inc. (NYSE:BLDR) have received a consensus rating of “Hold” from the twenty-three ratings firms that are presently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and ten have given a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $127.8111.

Several research firms have recently issued reports on BLDR. UBS Group reduced their price objective on shares of Builders FirstSource from $166.00 to $143.00 and set a “buy” rating on the stock in a research report on Tuesday, January 6th. William Blair initiated coverage on shares of Builders FirstSource in a report on Thursday, February 26th. They set an “outperform” rating for the company. DA Davidson cut their price objective on Builders FirstSource from $115.00 to $111.00 and set a “neutral” rating for the company in a research report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft cut their price target on Builders FirstSource from $117.00 to $102.00 and set a “hold” rating for the company in a report on Monday, February 23rd. Finally, Royal Bank Of Canada raised Builders FirstSource from a “sector perform” rating to an “outperform” rating and set a $119.00 price objective on the stock in a research note on Thursday, March 5th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Cromwell Holdings LLC boosted its stake in shares of Builders FirstSource by 1,323.5% during the fourth quarter. Cromwell Holdings LLC now owns 242 shares of the company’s stock valued at $25,000 after purchasing an additional 225 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in Builders FirstSource by 167.1% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 211 shares of the company’s stock valued at $26,000 after buying an additional 132 shares during the period. TD Waterhouse Canada Inc. purchased a new stake in Builders FirstSource in the 3rd quarter valued at about $34,000. Transamerica Financial Advisors LLC grew its stake in Builders FirstSource by 90.2% in the 4th quarter. Transamerica Financial Advisors LLC now owns 369 shares of the company’s stock worth $38,000 after acquiring an additional 175 shares in the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new position in shares of Builders FirstSource during the second quarter worth approximately $38,000. Institutional investors own 95.53% of the company’s stock.

Builders FirstSource Price Performance

NYSE BLDR opened at $88.10 on Friday. The stock has a market capitalization of $9.74 billion, a price-to-earnings ratio of 22.71, a PEG ratio of 2.09 and a beta of 1.56. Builders FirstSource has a 1-year low of $86.18 and a 1-year high of $151.03. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.86 and a quick ratio of 1.16. The business’s fifty day moving average price is $112.89 and its 200-day moving average price is $116.26.

Builders FirstSource (NYSE:BLDR) last issued its quarterly earnings data on Tuesday, February 17th. The company reported $1.12 earnings per share for the quarter, missing the consensus estimate of $1.30 by ($0.18). The business had revenue of $3.36 billion during the quarter, compared to the consensus estimate of $3.46 billion. Builders FirstSource had a return on equity of 17.89% and a net margin of 2.87%.Builders FirstSource’s revenue for the quarter was down 12.1% on a year-over-year basis. During the same quarter last year, the company earned $2.31 EPS. On average, equities analysts predict that Builders FirstSource will post 11.59 earnings per share for the current year.

Builders FirstSource Company Profile

Builders FirstSource, Inc is a leading supplier of structural and value-added building products and services to professional contractors, homebuilders and remodelers. The company provides a comprehensive range of materials and prefabricated components that support all phases of residential construction, from site development and framing to finishing and installation.

The company’s core offerings include lumber and lumber sheet goods, windows and doors, millwork, roofing and siding, and engineered wood products such as roof and floor trusses.