Builders FirstSource, Inc. (NYSE:BLDR) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Builders FirstSource, Inc. (NYSE:BLDR) have been assigned a consensus recommendation of “Moderate Buy” from the nineteen ratings firms that are currently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $205.71.

Several research firms recently issued reports on BLDR. Wedbush reissued an “outperform” rating and issued a $230.00 price target on shares of Builders FirstSource in a research report on Wednesday, December 18th. Loop Capital boosted their target price on shares of Builders FirstSource from $190.00 to $230.00 and gave the stock a “buy” rating in a research report on Friday, September 20th. Jefferies Financial Group upped their target price on shares of Builders FirstSource from $185.00 to $223.00 and gave the stock a “buy” rating in a report on Wednesday, October 9th. UBS Group assumed coverage on Builders FirstSource in a research note on Friday, October 25th. They set a “buy” rating and a $232.00 price target for the company. Finally, Oppenheimer reissued an “outperform” rating and issued a $225.00 price objective on shares of Builders FirstSource in a research note on Tuesday, October 29th.

Insider Activity at Builders FirstSource

In related news, Director Cleveland A. Christophe sold 10,000 shares of Builders FirstSource stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $178.41, for a total value of $1,784,100.00. Following the sale, the director now owns 33,083 shares of the company’s stock, valued at approximately $5,902,338.03. The trade was a 23.21 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.80% of the stock is owned by company insiders.

Institutional Trading of Builders FirstSource

A number of large investors have recently bought and sold shares of BLDR. Janney Montgomery Scott LLC lifted its position in shares of Builders FirstSource by 8.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 9,420 shares of the company’s stock valued at $1,346,000 after buying an additional 746 shares during the last quarter. UMB Bank n.a. raised its stake in Builders FirstSource by 108.3% in the 4th quarter. UMB Bank n.a. now owns 629 shares of the company’s stock valued at $90,000 after acquiring an additional 327 shares during the period. Diversify Advisory Services LLC lifted its holdings in Builders FirstSource by 103.1% during the fourth quarter. Diversify Advisory Services LLC now owns 2,701 shares of the company’s stock valued at $378,000 after purchasing an additional 1,371 shares during the last quarter. Brady Martz Wealth Solutions LLC bought a new position in Builders FirstSource during the fourth quarter worth about $225,000. Finally, J2 Capital Management Inc purchased a new position in shares of Builders FirstSource in the fourth quarter worth about $583,000. 95.53% of the stock is owned by hedge funds and other institutional investors.

Builders FirstSource Price Performance

BLDR stock opened at $164.09 on Monday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.77 and a quick ratio of 1.16. The company’s 50-day moving average is $163.99 and its 200-day moving average is $169.30. The stock has a market capitalization of $18.88 billion, a PE ratio of 16.02, a price-to-earnings-growth ratio of 0.75 and a beta of 2.11. Builders FirstSource has a 1 year low of $130.75 and a 1 year high of $214.70.

Builders FirstSource (NYSE:BLDR) last announced its quarterly earnings results on Tuesday, November 5th. The company reported $3.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.09 by ($0.02). The firm had revenue of $4.23 billion during the quarter, compared to the consensus estimate of $4.44 billion. Builders FirstSource had a return on equity of 33.55% and a net margin of 7.40%. The firm’s revenue was down 6.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.24 EPS. Equities research analysts expect that Builders FirstSource will post 11.55 EPS for the current fiscal year.

About Builders FirstSource

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, floor trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products comprising intricate mouldings, stair parts, and columns under the Synboard brand name.