TFB Advisors LLC Has $514,000 Stock Position in Builders FirstSource, Inc. $BLDR

TFB Advisors LLC raised its position in Builders FirstSource, Inc. (NYSE:BLDR) by 10.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,406 shares of the company’s stock after acquiring an additional 402 shares during the period. TFB Advisors LLC’s holdings in Builders FirstSource were worth $514,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in BLDR. IMA Advisory Services Inc. acquired a new position in Builders FirstSource in the 1st quarter valued at approximately $31,000. Mather Group LLC. boosted its stake in shares of Builders FirstSource by 19.7% in the 1st quarter. Mather Group LLC. now owns 595 shares of the company’s stock valued at $74,000 after purchasing an additional 98 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Builders FirstSource by 21.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 627 shares of the company’s stock valued at $78,000 after purchasing an additional 109 shares in the last quarter. New Age Alpha Advisors LLC boosted its stake in shares of Builders FirstSource by 22.8% in the 1st quarter. New Age Alpha Advisors LLC now owns 640 shares of the company’s stock valued at $80,000 after purchasing an additional 119 shares in the last quarter. Finally, Brooklyn Investment Group boosted its stake in shares of Builders FirstSource by 363.9% in the 1st quarter. Brooklyn Investment Group now owns 719 shares of the company’s stock valued at $90,000 after purchasing an additional 564 shares in the last quarter. Institutional investors and hedge funds own 95.53% of the company’s stock.

Wall Street Analysts Forecast Growth

BLDR has been the topic of a number of research analyst reports. Wall Street Zen upgraded Builders FirstSource from a “sell” rating to a “hold” rating in a research report on Saturday, August 30th. Wedbush restated a “neutral” rating and set a $145.00 price target on shares of Builders FirstSource in a research report on Monday, September 15th. Oppenheimer set a $155.00 price target on Builders FirstSource and gave the stock an “outperform” rating in a research report on Thursday, July 10th. Vertical Research initiated coverage on Builders FirstSource in a research report on Monday. They set a “sell” rating and a $109.41 price target on the stock. Finally, KeyCorp set a $145.00 price target on Builders FirstSource in a research report on Wednesday, October 1st. Ten equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Builders FirstSource currently has a consensus rating of “Hold” and a consensus price target of $145.19.

Builders FirstSource Stock Down 2.5%

Shares of BLDR opened at $122.57 on Thursday. The firm has a market capitalization of $13.55 billion, a price-to-earnings ratio of 18.60, a PEG ratio of 14.07 and a beta of 1.62. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.08 and a current ratio of 1.79. The business’s fifty day moving average price is $131.90 and its two-hundred day moving average price is $124.07. Builders FirstSource, Inc. has a 52 week low of $102.60 and a 52 week high of $194.36.

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. The firm had revenue of $4.23 billion for 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 business’s quarterly revenue was down 5.0% compared to the same quarter last year. During the same period last year, the company earned $3.50 EPS. Builders FirstSource has set its FY 2025 guidance at EPS. On average, analysts predict that Builders FirstSource, Inc. will post 11.59 earnings per share for the current year.

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.