Builders FirstSource (NASDAQ:BLDR) released its quarterly earnings results on Thursday. The company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.35 by $0.05, Briefing.com reports. Builders FirstSource had a return on equity of 34.76% and a net margin of 3.05%. The business had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.76 billion. During the same period last year, the business posted $0.46 earnings per share. The company’s quarterly revenue was down 2.9% on a year-over-year basis.
NASDAQ:BLDR opened at $26.69 on Friday. The firm has a market cap of $3.26 billion, a PE ratio of 14.05 and a beta of 1.85. The stock has a fifty day moving average price of $26.24 and a 200 day moving average price of $23.31. Builders FirstSource has a 12-month low of $12.50 and a 12-month high of $28.43. The company has a current ratio of 1.66, a quick ratio of 0.98 and a debt-to-equity ratio of 1.73.
Several research analysts have recently commented on BLDR shares. Wedbush restated an “outperform” rating and set a $29.00 price target (up from $27.00) on shares of Builders FirstSource in a research report on Thursday, December 26th. B. Riley raised their price target on Builders FirstSource from $23.00 to $29.00 in a research report on Monday, November 4th. ValuEngine lowered Builders FirstSource from a “hold” rating to a “sell” rating in a report on Friday, January 3rd. SunTrust Banks lifted their target price on Builders FirstSource to $24.00 in a report on Monday, November 4th. Finally, Seaport Global Securities reiterated a “buy” rating on shares of Builders FirstSource in a report on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and ten have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $26.82.
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.
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