Intrinsic Value Partners LLC Buys New Holdings in Builders FirstSource, Inc. $BLDR

Intrinsic Value Partners LLC acquired a new position in shares of Builders FirstSource, Inc. (NYSE:BLDR) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 14,910 shares of the company’s stock, valued at approximately $1,740,000. Builders FirstSource comprises approximately 1.5% of Intrinsic Value Partners LLC’s investment portfolio, making the stock its 17th biggest holding.

Other hedge funds have also recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. raised its stake in Builders FirstSource by 18.5% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 20,010 shares of the company’s stock worth $2,500,000 after acquiring an additional 3,131 shares in the last quarter. Stephens Inc. AR raised its stake in Builders FirstSource by 42.5% during the first quarter. Stephens Inc. AR now owns 2,942 shares of the company’s stock worth $368,000 after acquiring an additional 877 shares in the last quarter. Oppenheimer Asset Management Inc. raised its stake in Builders FirstSource by 41.4% during the first quarter. Oppenheimer Asset Management Inc. now owns 7,566 shares of the company’s stock worth $945,000 after acquiring an additional 2,216 shares in the last quarter. Altus Wealth Group LLC raised its stake in Builders FirstSource by 11.2% during the first quarter. Altus Wealth Group LLC now owns 45,021 shares of the company’s stock worth $5,625,000 after acquiring an additional 4,549 shares in the last quarter. Finally, Sowell Financial Services LLC acquired a new position in Builders FirstSource during the first quarter worth $1,012,000. 95.53% of the stock is currently owned by institutional investors and hedge funds.

Builders FirstSource Price Performance

Builders FirstSource stock opened at $128.67 on Friday. The business’s 50-day simple moving average is $133.79 and its 200 day simple moving average is $124.26. The company has a quick ratio of 1.08, a current ratio of 1.79 and a debt-to-equity ratio of 1.12. The stock has a market cap of $14.22 billion, a price-to-earnings ratio of 19.52, a P/E/G ratio of 14.30 and a beta of 1.62. Builders FirstSource, Inc. has a 12-month low of $102.60 and a 12-month high of $201.53.

Builders FirstSource (NYSE:BLDR) last announced its quarterly earnings data on Thursday, July 31st. The company reported $2.38 EPS for the quarter, topping analysts’ consensus estimates of $2.35 by $0.03. The firm had revenue of $4.23 billion during the quarter, compared to analyst estimates of $4.29 billion. Builders FirstSource had a return on equity of 24.61% and a net margin of 4.74%.The company’s revenue was down 5.0% on a year-over-year basis. During the same period last year, the company earned $3.50 earnings per share. Builders FirstSource has set its FY 2025 guidance at EPS. As a group, research analysts anticipate that Builders FirstSource, Inc. will post 11.59 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Stifel Nicolaus increased their price objective on Builders FirstSource from $118.00 to $128.00 and gave the stock a “hold” rating in a research note on Friday, August 1st. Wedbush restated a “neutral” rating and set a $145.00 target price on shares of Builders FirstSource in a report on Monday, September 15th. Weiss Ratings restated a “hold (c-)” rating on shares of Builders FirstSource in a report on Saturday, September 27th. Baird R W cut Builders FirstSource from a “strong-buy” rating to a “hold” rating in a report on Friday, August 1st. Finally, Robert W. Baird cut Builders FirstSource from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $145.00 to $130.00 in a report on Friday, August 1st. Eleven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Builders FirstSource presently has a consensus rating of “Hold” and a consensus target price of $151.50.

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.