Builders FirstSource (NYSE:BLDR) Upgraded to Strong Sell at Vertical Research

Builders FirstSource (NYSE:BLDR) was upgraded by stock analysts at Vertical Research to a “strong sell” rating in a research note issued on Monday,Zacks.com reports.

Several other research firms have also issued reports on BLDR. Oppenheimer set a $155.00 price objective on shares of Builders FirstSource and gave the company an “outperform” rating in a research note on Thursday, July 10th. Wedbush reissued a “neutral” rating and set a $145.00 target price on shares of Builders FirstSource in a research report on Monday, September 15th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $134.00 target price on shares of Builders FirstSource in a research report on Friday, August 1st. Barclays cut their target price on shares of Builders FirstSource from $137.00 to $135.00 and set an “overweight” rating for the company in a research report on Friday, August 1st. Finally, DA Davidson cut their target price on shares of Builders FirstSource from $135.00 to $125.00 and set a “neutral” rating for the company in a research report on Monday, August 4th. Ten equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $145.19.

Builders FirstSource Stock Down 2.5%

BLDR stock opened at $122.57 on Monday. The company has a current ratio of 1.79, a quick ratio of 1.08 and a debt-to-equity ratio of 1.12. Builders FirstSource has a 1 year low of $102.60 and a 1 year high of $194.36. The company has a fifty day simple moving average of $131.90 and a 200 day simple moving average of $124.07. The firm has a market cap of $13.55 billion, a PE ratio of 18.60, a PEG ratio of 14.07 and a beta of 1.62.

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

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Daiwa Securities Group Inc. grew its stake in Builders FirstSource by 0.4% during the second quarter. Daiwa Securities Group Inc. now owns 17,630 shares of the company’s stock worth $2,057,000 after buying an additional 78 shares during the last quarter. VestGen Advisors LLC grew its stake in Builders FirstSource by 4.6% during the second quarter. VestGen Advisors LLC now owns 1,943 shares of the company’s stock worth $227,000 after buying an additional 86 shares during the last quarter. Stephens Inc. AR grew its stake in Builders FirstSource by 3.1% during the second quarter. Stephens Inc. AR now owns 3,032 shares of the company’s stock worth $354,000 after buying an additional 90 shares during the last quarter. Auxano Advisors LLC grew its stake in Builders FirstSource by 3.8% during the first quarter. Auxano Advisors LLC now owns 2,479 shares of the company’s stock worth $310,000 after buying an additional 91 shares during the last quarter. Finally, Mather Group LLC. grew its stake in Builders FirstSource by 19.7% during the first quarter. Mather Group LLC. now owns 595 shares of the company’s stock worth $74,000 after buying an additional 98 shares during the last quarter. 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.