Builders FirstSource (NYSE:BLDR) Price Target Cut to $88.00 by Analysts at Royal Bank Of Canada

Builders FirstSource (NYSE:BLDR) had its price target decreased by analysts at Royal Bank Of Canada from $107.00 to $88.00 in a report released on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price would suggest a potential upside of 33.45% from the company’s previous close.

BLDR has been the subject of a number of other research reports. Oppenheimer dropped their price objective on shares of Builders FirstSource from $110.00 to $90.00 and set an “outperform” rating for the company in a report on Friday. Zacks Research raised shares of Builders FirstSource from a “strong sell” rating to a “hold” rating in a research note on Friday, July 3rd. Truist Financial decreased their target price on shares of Builders FirstSource from $115.00 to $90.00 and set a “buy” rating on the stock in a report on Friday. Weiss Ratings cut shares of Builders FirstSource from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, July 21st. Finally, Raymond James Financial cut their price target on shares of Builders FirstSource from $140.00 to $100.00 in a report on Friday, May 1st. Nine investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $90.59.

Builders FirstSource Trading Down 0.1%

NYSE BLDR traded down $0.07 on Friday, reaching $65.94. 1,616,066 shares of the company were exchanged, compared to its average volume of 2,453,510. The company has a current ratio of 1.76, a quick ratio of 1.09 and a debt-to-equity ratio of 1.15. The business’s fifty day moving average price is $77.08 and its 200 day moving average price is $90.01. The stock has a market capitalization of $7.09 billion, a P/E ratio of 25.20, a price-to-earnings-growth ratio of 1.67 and a beta of 1.42. Builders FirstSource has a fifty-two week low of $65.10 and a fifty-two week high of $151.03.

Builders FirstSource (NYSE:BLDR) last issued its earnings results on Thursday, July 30th. The company reported $1.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.25 by ($0.08). Builders FirstSource had a return on equity of 14.89% and a net margin of 1.97%.The company had revenue of $3.86 billion during the quarter, compared to analyst estimates of $3.91 billion. During the same period last year, the business earned $2.38 earnings per share. The firm’s revenue was down 8.8% compared to the same quarter last year. Analysts forecast that Builders FirstSource will post 4.16 earnings per share for the current year.

Builders FirstSource announced that its Board of Directors has authorized a share buyback plan on Thursday, April 30th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the company to purchase up to 5.4% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Hedge Funds Weigh In On Builders FirstSource

Several hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC increased its stake in Builders FirstSource by 9.3% during the first quarter. Integrated Wealth Concepts LLC now owns 3,460 shares of the company’s stock worth $432,000 after purchasing an additional 295 shares during the period. Woodline Partners LP boosted its stake in shares of Builders FirstSource by 40.7% in the first quarter. Woodline Partners LP now owns 9,723 shares of the company’s stock valued at $1,215,000 after purchasing an additional 2,812 shares during the period. EverSource Wealth Advisors LLC boosted its stake in shares of Builders FirstSource by 180.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,582 shares of the company’s stock valued at $185,000 after purchasing an additional 1,017 shares during the period. Baird Financial Group Inc. grew its holdings in shares of Builders FirstSource by 230.7% in the second quarter. Baird Financial Group Inc. now owns 18,942 shares of the company’s stock valued at $2,210,000 after purchasing an additional 13,215 shares in the last quarter. Finally, Jump Financial LLC grew its holdings in shares of Builders FirstSource by 144.1% in the second quarter. Jump Financial LLC now owns 7,223 shares of the company’s stock valued at $843,000 after purchasing an additional 4,264 shares in the last quarter. Institutional investors and hedge funds own 95.53% of the company’s stock.

More Builders FirstSource News

Here are the key news stories impacting Builders FirstSource this week:

• Positive Sentiment: Truist Financial lowered its price target to $90 from $115 but maintained a Buy rating, implying approximately 37% upside from recent levels. Benzinga analyst action
• Positive Sentiment: Oppenheimer cut its target to $90 from $110 while retaining an Outperform rating, also indicating roughly 37% potential upside. Benzinga analyst action
• Neutral Sentiment: Wells Fargo reduced its target to $65 from $85 and shifted to an Equal Weight rating, suggesting limited near-term upside at current prices. Tickerreport analyst action
• Neutral Sentiment: BMO Capital Markets and Stifel Nicolaus maintained Hold ratings, reflecting continued caution toward the building-products sector. BMO analyst action
• Negative Sentiment: BLDR reported second-quarter EPS of $1.17, below the $1.25 consensus, while revenue of $3.86 billion missed estimates of $3.91 billion. EPS fell sharply from $2.38 a year earlier, and revenue declined 8.8% year over year. Builders FirstSource earnings report
• Negative Sentiment: Management’s fiscal 2026 revenue outlook of $14.0 billion to $14.8 billion trails the $14.8 billion consensus at the upper end, reinforcing concerns about weaker housing demand and a delayed recovery. Zacks earnings analysis

Builders FirstSource Company Profile

Builders FirstSource, Inc is a leading supplier of structural and value-added building products and services to professional contractors, homebuilders and remodelers. The company provides a comprehensive range of materials and prefabricated components that support all phases of residential construction, from site development and framing to finishing and installation.

The company’s core offerings include lumber and lumber sheet goods, windows and doors, millwork, roofing and siding, and engineered wood products such as roof and floor trusses.