Several brokerages have updated their recommendations and price targets on shares of Builders FirstSource (NASDAQ: BLDR) in the last few weeks:

  • 11/13/2017 – Builders FirstSource was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Builders FirstSource is a leading supplier and manufacturer of structural and related building products for residential new construction in the United States. Manufacturing facilities include plants that manufacture roof and floor trusses, wall panels, stairs, aluminum and vinyl windows, custom millwork and pre-hung doors. Builders FirstSource also distributes windows, interior and exterior doors, dimensional lumber and lumber sheet goods, millwork and other building products. “
  • 11/10/2017 – Builders FirstSource had its price target raised by analysts at B. Riley from $20.00 to $24.00. They now have a “buy” rating on the stock.
  • 11/10/2017 – Builders FirstSource had its “buy” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $20.00 price target on the stock.
  • 11/10/2017 – Builders FirstSource had its price target raised by analysts at Barclays PLC from $15.00 to $17.00. They now have an “equal weight” rating on the stock.
  • 11/10/2017 – Builders FirstSource had its price target raised by analysts at Citigroup Inc. from $18.00 to $20.00. They now have a “neutral” rating on the stock.
  • 11/1/2017 – Builders FirstSource had its “buy” rating reaffirmed by analysts at B. Riley.
  • 10/9/2017 – Builders FirstSource was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Builders FirstSource is a leading supplier and manufacturer of structural and related building products for residential new construction in the United States. Manufacturing facilities include plants that manufacture roof and floor trusses, wall panels, stairs, aluminum and vinyl windows, custom millwork and pre-hung doors. Builders FirstSource also distributes windows, interior and exterior doors, dimensional lumber and lumber sheet goods, millwork and other building products. “

Shares of Builders FirstSource, Inc. (BLDR) opened at $17.96 on Tuesday. Builders FirstSource, Inc. has a 12 month low of $10.13 and a 12 month high of $18.82. The company has a quick ratio of 1.06, a current ratio of 1.86 and a debt-to-equity ratio of 4.46. The firm has a market cap of $2,084.90, a PE ratio of 17.92 and a beta of 2.14.

Builders FirstSource (NASDAQ:BLDR) last issued its quarterly earnings data on Wednesday, November 8th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.02. Builders FirstSource had a net margin of 1.29% and a return on equity of 33.66%. The business had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.87 billion. During the same quarter in the previous year, the company earned $0.61 EPS. The business’s revenue was up 7.6% on a year-over-year basis. equities analysts expect that Builders FirstSource, Inc. will post 1.04 earnings per share for the current fiscal year.

In other news, CEO Floyd F. Sherman sold 109,536 shares of the business’s stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $16.72, for a total value of $1,831,441.92. Following the completion of the transaction, the chief executive officer now directly owns 773,171 shares in the company, valued at approximately $12,927,419.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Robert C. Griffin sold 17,655 shares of the business’s stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $16.83, for a total transaction of $297,133.65. Following the completion of the transaction, the director now owns 40,050 shares of the company’s stock, valued at $674,041.50. The disclosure for this sale can be found here. Insiders sold a total of 13,645,368 shares of company stock valued at $220,735,138 in the last quarter. Corporate insiders own 14.60% of the company’s stock.

Builders FirstSource, Inc is a supplier and manufacturer of building materials, manufactured components and construction services to professional contractors, sub-contractors, remodelers and consumers. The Company’s operating segments include Northeast, Southeast, South and West. As of December 31, 2016, it operated at 400 locations in 40 states across the United States.

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