Builders FirstSource (NYSE:BLDR) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Builders FirstSource (NYSE:BLDR) from a sell rating to a hold rating in a research report released on Saturday morning.

BLDR has been the subject of several other research reports. Baird R W cut shares of Builders FirstSource from a “strong-buy” rating to a “hold” rating in a report on Friday, August 1st. Stifel Nicolaus upped their target price on shares of Builders FirstSource from $118.00 to $128.00 and gave the company a “hold” rating in a report on Friday, August 1st. DA Davidson lowered their target price on shares of Builders FirstSource from $135.00 to $125.00 and set a “neutral” rating for the company in a report on Monday, August 4th. Stephens lowered their target price on shares of Builders FirstSource from $145.00 to $140.00 and set an “overweight” rating for the company in a report on Friday, May 2nd. Finally, Barclays lowered their target price on shares of Builders FirstSource from $137.00 to $135.00 and set an “overweight” rating for the company in a report on Friday, August 1st. Eleven analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Builders FirstSource presently has an average rating of “Moderate Buy” and an average target price of $154.44.

Builders FirstSource Trading Down 1.0%

Shares of NYSE:BLDR opened at $138.73 on Friday. Builders FirstSource has a 52 week low of $102.60 and a 52 week high of $203.14. The company’s 50 day moving average is $131.24 and its two-hundred day moving average is $124.82. The company has a current ratio of 1.79, a quick ratio of 1.08 and a debt-to-equity ratio of 1.12. The company has a market cap of $15.34 billion, a PE ratio of 21.05, a P/E/G ratio of 14.69 and a beta of 1.61.

Builders FirstSource (NYSE:BLDR) last announced its quarterly earnings data on Thursday, July 31st. The company reported $2.38 EPS for the quarter, beating analysts’ consensus estimates of $2.35 by $0.03. Builders FirstSource had a net margin of 4.74% and a return on equity of 24.61%. The company had revenue of $4.23 billion for the quarter, compared to the consensus estimate of $4.29 billion. During the same period in the prior year, the firm posted $3.50 EPS. The company’s quarterly revenue was down 5.0% compared to the same quarter last year. Builders FirstSource has set its FY 2025 guidance at EPS. Equities analysts predict that Builders FirstSource will post 11.59 earnings per share for the current fiscal year.

Institutional Trading of Builders FirstSource

A number of large investors have recently bought and sold shares of the business. Orion Porfolio Solutions LLC boosted its stake in Builders FirstSource by 48.7% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 14,050 shares of the company’s stock worth $1,639,000 after purchasing an additional 4,600 shares during the period. Advisory Services Network LLC boosted its stake in Builders FirstSource by 79.5% during the 2nd quarter. Advisory Services Network LLC now owns 8,760 shares of the company’s stock worth $1,114,000 after purchasing an additional 3,879 shares during the period. State of Wyoming lifted its stake in shares of Builders FirstSource by 371.7% in the 2nd quarter. State of Wyoming now owns 4,156 shares of the company’s stock worth $485,000 after acquiring an additional 3,275 shares during the period. N.E.W. Advisory Services LLC lifted its stake in shares of Builders FirstSource by 12.0% in the 2nd quarter. N.E.W. Advisory Services LLC now owns 3,432 shares of the company’s stock worth $400,000 after acquiring an additional 367 shares during the period. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of Builders FirstSource in the 2nd quarter worth $38,000. Institutional investors and hedge funds own 95.53% of the company’s stock.

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.