Equities Analysts Set Expectations for BLDR FY2025 Earnings

Builders FirstSource, Inc. (NYSE:BLDR) – Stock analysts at DA Davidson reduced their FY2025 earnings estimates for Builders FirstSource in a research report issued on Tuesday, December 10th. DA Davidson analyst K. Yinger now forecasts that the company will post earnings per share of $12.04 for the year, down from their previous forecast of $12.79. DA Davidson has a “Neutral” rating and a $175.00 price objective on the stock. The consensus estimate for Builders FirstSource’s current full-year earnings is $11.55 per share.

Builders FirstSource (NYSE:BLDR) last issued its quarterly earnings results on Tuesday, November 5th. The company reported $3.07 earnings per share for the quarter, missing the consensus estimate of $3.09 by ($0.02). The firm had revenue of $4.23 billion during the quarter, compared to analysts’ expectations of $4.44 billion. Builders FirstSource had a return on equity of 33.55% and a net margin of 7.40%. Builders FirstSource’s revenue for the quarter was down 6.7% on a year-over-year basis. During the same period in the previous year, the company earned $4.24 earnings per share.

A number of other brokerages have also recently issued reports on BLDR. Robert W. Baird lifted their price objective on Builders FirstSource from $190.00 to $222.00 and gave the company an “outperform” rating in a research note on Wednesday, October 16th. StockNews.com upgraded shares of Builders FirstSource from a “hold” rating to a “buy” rating in a research note on Tuesday. Oppenheimer restated an “outperform” rating and set a $225.00 price objective on shares of Builders FirstSource in a research note on Tuesday, October 29th. UBS Group began coverage on shares of Builders FirstSource in a report on Friday, October 25th. They issued a “buy” rating and a $232.00 target price for the company. Finally, Truist Financial raised shares of Builders FirstSource from a “hold” rating to a “buy” rating and raised their price target for the company from $165.00 to $220.00 in a research report on Monday, September 16th. Three equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $210.00.

Builders FirstSource Trading Down 3.4 %

NYSE:BLDR opened at $170.83 on Wednesday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.77 and a quick ratio of 1.16. The firm has a market capitalization of $19.66 billion, a P/E ratio of 16.68, a PEG ratio of 0.98 and a beta of 2.06. The company’s 50-day simple moving average is $183.17 and its 200 day simple moving average is $169.00. Builders FirstSource has a one year low of $130.75 and a one year high of $214.70.

Insider Transactions at Builders FirstSource

In other news, Director Cleveland A. Christophe sold 10,000 shares of the firm’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $178.41, for a total value of $1,784,100.00. Following the transaction, the director now owns 33,083 shares of the company’s stock, valued at $5,902,338.03. This trade represents a 23.21 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Builders FirstSource

Large investors have recently added to or reduced their stakes in the company. Cyndeo Wealth Partners LLC lifted its stake in shares of Builders FirstSource by 3.7% during the 3rd quarter. Cyndeo Wealth Partners LLC now owns 1,571 shares of the company’s stock valued at $305,000 after buying an additional 56 shares in the last quarter. World Equity Group Inc. raised its holdings in Builders FirstSource by 4.1% during the third quarter. World Equity Group Inc. now owns 1,632 shares of the company’s stock valued at $316,000 after acquiring an additional 64 shares during the period. HighTower Advisors LLC lifted its position in shares of Builders FirstSource by 0.3% in the third quarter. HighTower Advisors LLC now owns 22,100 shares of the company’s stock valued at $4,296,000 after acquiring an additional 64 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in shares of Builders FirstSource by 0.7% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 10,240 shares of the company’s stock worth $1,417,000 after acquiring an additional 74 shares during the period. Finally, First Horizon Advisors Inc. grew its position in shares of Builders FirstSource by 42.1% during the second quarter. First Horizon Advisors Inc. now owns 253 shares of the company’s stock worth $35,000 after purchasing an additional 75 shares in the last quarter. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Builders FirstSource Company 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.