Builders FirstSource, Inc. (NASDAQ:BLDR) hit a new 52-week high on Tuesday . The stock traded as high as $21.09 and last traded at $21.06, with a volume of 19544 shares changing hands. The stock had previously closed at $20.58.

Several equities analysts have weighed in on the company. BidaskClub lowered Builders FirstSource from a “strong-buy” rating to a “buy” rating in a report on Tuesday. Zacks Investment Research raised Builders FirstSource from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a report on Monday, October 7th. ValuEngine lowered Builders FirstSource from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd. Stephens raised Builders FirstSource from an “equal” rating to a “weight” rating and increased their price objective for the company from $21.00 to $28.00 in a report on Wednesday. Finally, Buckingham Research increased their price objective on Builders FirstSource from $17.00 to $21.00 and gave the company a “neutral” rating in a report on Wednesday, August 7th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $17.64.

The firm has a fifty day simple moving average of $20.14 and a two-hundred day simple moving average of $17.08. The company has a debt-to-equity ratio of 2.02, a current ratio of 1.69 and a quick ratio of 0.96. The firm has a market capitalization of $2.59 billion, a P/E ratio of 11.81 and a beta of 1.88.

Builders FirstSource (NASDAQ:BLDR) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.63 EPS for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.15. Builders FirstSource had a return on equity of 39.63% and a net margin of 3.05%. The firm had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.91 billion. During the same period last year, the company earned $0.54 earnings per share. The business’s revenue for the quarter was down 8.9% on a year-over-year basis. On average, research analysts anticipate that Builders FirstSource, Inc. will post 1.85 EPS for the current year.

In other news, CFO Peter M. Jackson sold 4,328 shares of the firm’s stock in a transaction on Friday, August 9th. The stock was sold at an average price of $20.20, for a total value of $87,425.60. Following the completion of the transaction, the chief financial officer now directly owns 53,096 shares of the company’s stock, valued at $1,072,539.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO M Chad Crow sold 87,657 shares of the firm’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $20.05, for a total value of $1,757,522.85. Following the completion of the transaction, the chief executive officer now directly owns 246,839 shares of the company’s stock, valued at $4,949,121.95. The disclosure for this sale can be found here. Insiders sold 219,744 shares of company stock valued at $4,258,449 over the last ninety days. Corporate insiders own 2.20% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. HM Payson & Co. bought a new position in shares of Builders FirstSource in the second quarter worth $34,000. Public Employees Retirement System of Ohio raised its position in shares of Builders FirstSource by 15.7% in the second quarter. Public Employees Retirement System of Ohio now owns 4,758 shares of the company’s stock worth $80,000 after buying an additional 645 shares in the last quarter. New York State Teachers Retirement System purchased a new stake in shares of Builders FirstSource in the second quarter worth $167,000. Quantamental Technologies LLC purchased a new stake in shares of Builders FirstSource in the second quarter worth $252,000. Finally, First Quadrant L P CA raised its position in shares of Builders FirstSource by 181.3% in the second quarter. First Quadrant L P CA now owns 16,883 shares of the company’s stock worth $285,000 after buying an additional 10,881 shares in the last quarter. 87.29% of the stock is owned by hedge funds and other institutional investors.

Builders FirstSource Company Profile (NASDAQ:BLDR)

Builders FirstSource, Inc manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. The company operates through four segments: Northeast, Southeast, South, and West. 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, steel roof trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products under the Synboard brand name.

Further Reading: How Do Investors Open a Backdoor Roth IRA?

Receive News & Ratings for Builders FirstSource Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Builders FirstSource and related companies with MarketBeat.com's FREE daily email newsletter.