BLDR shares were trading up $4.98 during trading Thursday, to $50.48. The company traded 4,545,920 shares, compared to an average trading volume of 2,665,495. The company has a market capitalization of $8.92 billion, a price-to-earnings ratio of 5.94 and a beta of 2.27. Builders FirstSource, Inc. Register A one-year low of $39.24 and a one-year high of $86.48. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.10 and a current ratio of 1.86. The 50-day moving average for the stock is $63.20 and the 200-day moving average is $70.06.
Builders FirstSource (NYSE: BLDR – Get Rating) released its latest earnings results on Tuesday, May 10. The company reported earnings of $3.90 per share for the first quarter, topping analysts’ estimates of $2.15 by $1.75. Builders FirstSource had a return on equity of 39.10% and a net margin of 8.67%. The company generated $5.68 billion in revenue for the quarter, compared to the consensus estimate of $4.69 billion. During the same period in the previous year, the company reported $1.10 in earnings per share. The company’s revenue increased by 36.1% compared to the same quarter last year. On average, analysts expect Builders FirstSource, Inc. Recording 8.9 earnings per share for the current fiscal year.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE raised its position in Builders FirstSource by 1.2% during the first quarter. Bank of America Corp. DE now owns 660,548 shares of the company’s stock, valued at $42,633,000 after purchasing an additional 7,513 shares in the last quarter. Walleye Capital LLC increased its stake in Builders FirstSource by 663.3% during the first quarter. Walleye Capital LLC now owns 21,083 shares of the company’s stock valued at $1,361,000 after purchasing an additional 18,321 shares during the last quarter. Advisory Services Network LLC increased its stake in shares of Builders FirstSource by 31.8% during the first quarter. Advisory Services Network LLC now owns 4,931 shares of the company’s stock valued at $318,000 after purchasing an additional 1,190 shares during the last quarter. Range Financial Group LLC acquired a new position in shares of Builders FirstSource during the first quarter valued at $460,000. Finally, Continuum Advisory LLC purchased new shares of Builders FirstSource in the first quarter valued at $209,000. 97.15% of the shares are owned by institutional investors and hedge funds.
A number of research analysts have recently focused on the BLDR stock. Robert W. Baird cut the price target on Builders FirstSource from $103.00 to $100.00 in a report on Wednesday, March 2nd. Wedbush raised its price target for Builders FirstSource shares from $105.00 to $110.00 in a report on Friday, May 13th. BMO Capital Markets lowered its price target for Builders FirstSource shares from $96.00 to $90.00 in a research note on Tuesday, May 17. Bryan, Garnier & Co. has reduced shares of Builders FirstSource from a “buy” rating to a “neutral” rating and set a $71.00 target price per share. In a research note on Wednesday, April 6th. Finally, B. Riley downgraded Builders FirstSource’s stock from a “buy” rating to a “neutral” rating and set a $71.00 price target for the company. In a research report on Wednesday, April 6th. Two investment analysts have rated the stock with a hold rating and nine have given the stock a buy rating. According to MarketBeat.com, Builders FirstSource currently has a consensus rating of “Buy” and an agreed target price of $93.17.
FirstSource Company Profile Builders (Get Rating)
Builders FirstSource, Inc., along with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional home builders, subcontractors, remodelers and consumers in the United States. They offer wood and chipboard products that include dimensional lumber, plywood, and oriented strand board products that are used for house framing on site; Manufactured products, such as floor trusses and wood decks, 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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