Builders FirstSource (BLDR) – Investment Analysts’ Recent Ratings Updates

Builders FirstSource (NYSE: BLDR) has recently received a number of price target changes and ratings updates:

• 1/17/2025 – Builders FirstSource is now covered by analysts at Raymond James. They set an “outperform” rating and a $180.00 price target on the stock.
• 1/16/2025 – Builders FirstSource had its price target lowered by analysts at Barclays PLC from $211.00 to $188.00. They now have an “overweight” rating on the stock.
• 1/16/2025 – Builders FirstSource was upgraded by analysts at Raymond James to a “moderate buy” rating.
• 1/13/2025 – Builders FirstSource was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/8/2025 – Builders FirstSource had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $175.00 price target on the stock.
• 1/7/2025 – Builders FirstSource was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 1/1/2025 – Builders FirstSource was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 12/18/2024 – Builders FirstSource had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $230.00 price target on the stock.
• 12/16/2024 – Builders FirstSource was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 12/10/2024 – Builders FirstSource was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 12/4/2024 – Builders FirstSource was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.

Builders FirstSource Trading Up 0.8 %

NYSE BLDR traded up $1.30 during trading on Tuesday, hitting $165.42. The company had a trading volume of 307,880 shares, compared to its average volume of 1,570,490. The company has a current ratio of 1.77, a quick ratio of 1.16 and a debt-to-equity ratio of 0.83. Builders FirstSource, Inc. has a one year low of $130.75 and a one year high of $214.70. The company has a market cap of $19.04 billion, a price-to-earnings ratio of 16.15, a price-to-earnings-growth ratio of 0.89 and a beta of 2.11. The company’s fifty day moving average is $163.60 and its 200-day moving average is $170.00.

Builders FirstSource (NYSE:BLDR) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $3.07 EPS for the quarter, missing the consensus estimate of $3.09 by ($0.02). The company 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 for the quarter was down 6.7% compared to the same quarter last year. During the same quarter last year, the company posted $4.24 earnings per share. On average, sell-side analysts predict that Builders FirstSource, Inc. will post 11.55 earnings per share for the current year.

Insider Transactions at Builders FirstSource

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

Institutional Trading of Builders FirstSource

Several institutional investors have recently bought and sold shares of BLDR. Envestnet Asset Management Inc. grew its position in Builders FirstSource by 9.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 146,248 shares of the company’s stock valued at $20,242,000 after purchasing an additional 12,693 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its position in Builders FirstSource by 0.7% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 10,240 shares of the company’s stock valued at $1,417,000 after purchasing an additional 74 shares during the last quarter. Blair William & Co. IL boosted its holdings in shares of Builders FirstSource by 12.0% during the 2nd quarter. Blair William & Co. IL now owns 5,570 shares of the company’s stock valued at $771,000 after acquiring an additional 598 shares during the last quarter. Canada Pension Plan Investment Board boosted its holdings in shares of Builders FirstSource by 118.5% during the 2nd quarter. Canada Pension Plan Investment Board now owns 40,649 shares of the company’s stock valued at $5,626,000 after acquiring an additional 22,049 shares during the last quarter. Finally, King Luther Capital Management Corp boosted its holdings in shares of Builders FirstSource by 0.9% during the 2nd quarter. King Luther Capital Management Corp now owns 11,267 shares of the company’s stock valued at $1,559,000 after acquiring an additional 104 shares during the last quarter. 95.53% of the stock is owned by hedge funds and other institutional investors.

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.