Intrepid Financial Planning Group LLC Has $437,000 Stock Position in Builders FirstSource, Inc. (NYSE:BLDR)

Intrepid Financial Planning Group LLC decreased its position in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 6.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,056 shares of the company’s stock after selling 200 shares during the period. Intrepid Financial Planning Group LLC’s holdings in Builders FirstSource were worth $437,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Sigma Planning Corp bought a new position in Builders FirstSource during the third quarter valued at about $278,000. Apollon Wealth Management LLC bought a new position in Builders FirstSource during the third quarter valued at about $258,000. Aptus Capital Advisors LLC bought a new position in Builders FirstSource during the third quarter valued at about $273,000. Oppenheimer Asset Management Inc. bought a new position in Builders FirstSource during the third quarter valued at about $521,000. Finally, Huntington National Bank raised its holdings in Builders FirstSource by 68.5% during the third quarter. Huntington National Bank now owns 1,282 shares of the company’s stock valued at $249,000 after buying an additional 521 shares in the last quarter. Institutional investors and hedge funds own 95.53% of the company’s stock.

Builders FirstSource Stock Up 2.8 %

NYSE BLDR opened at $126.20 on Friday. The company has a current ratio of 1.77, a quick ratio of 1.16 and a debt-to-equity ratio of 0.86. The stock’s 50 day moving average is $149.97 and its two-hundred day moving average is $167.51. The company has a market capitalization of $14.34 billion, a price-to-earnings ratio of 13.93, a PEG ratio of 0.80 and a beta of 2.19. Builders FirstSource, Inc. has a 1-year low of $122.49 and a 1-year high of $214.70.

Builders FirstSource (NYSE:BLDR) last released its quarterly earnings data on Thursday, February 20th. The company reported $2.31 earnings per share for the quarter, beating analysts’ consensus estimates of $2.18 by $0.13. The company had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.90 billion. Builders FirstSource had a return on equity of 30.54% and a net margin of 6.57%. Equities analysts forecast that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on BLDR. The Goldman Sachs Group cut their target price on Builders FirstSource from $200.00 to $180.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Loop Capital dropped their price objective on Builders FirstSource from $205.00 to $190.00 and set a “buy” rating on the stock in a research note on Monday, February 24th. Royal Bank of Canada dropped their price objective on Builders FirstSource from $167.00 to $162.00 and set an “outperform” rating on the stock in a research note on Friday, February 21st. Wedbush reiterated an “outperform” rating and issued a $230.00 price objective on shares of Builders FirstSource in a research note on Wednesday, December 18th. Finally, Truist Financial dropped their price objective on Builders FirstSource from $220.00 to $180.00 and set a “buy” rating on the stock in a research note on Friday, February 21st. Five research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $190.72.

Builders FirstSource Profile

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.