Builders Firstsource Inc (BLDR) Stock Short-term Performance Analysis

A share price of Builders Firstsource Inc [BLDR] is currently trading at $152.73, up 3.98%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BLDR shares have gain 15.18% over the last week, with a monthly amount glided 6.45%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Builders Firstsource Inc [NYSE: BLDR] stock has seen the most recent analyst activity on January 29, 2024, when BofA Securities upgraded its rating to a Buy and also boosted its price target to $200 from $153. Previously, Oppenheimer started tracking the stock with Outperform rating on January 19, 2024, and set its price target to $220. On January 04, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $185 on the stock. B. Riley Securities upgraded its rating to a Buy and increased its price target to $177 on December 06, 2023. BofA Securities initiated its recommendation with a Neutral and recommended $143 as its price target on December 01, 2023. Loop Capital started tracking with a Buy rating for this stock on September 01, 2023, and assigned it a price target of $180. In a note dated May 04, 2023, RBC Capital Mkts upgraded an Outperform rating on this stock and boosted its target price from $78 to $135.

Builders Firstsource Inc experienced fluctuations in its stock price throughout the past year between $105.24 and $214.70. Currently, Wall Street analysts expect the stock to reach $139 within the next 12 months. Builders Firstsource Inc [NYSE: BLDR] shares were valued at $152.73 at the most recent close of the market. An investor can expect a potential drop of -8.99% based on the average BLDR price forecast.

Analyzing the BLDR fundamentals

Trailing Twelve Months sales for Builders Firstsource Inc [NYSE:BLDR] were 17.11B which represents 0.21% growth. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.31 and Total Capital is 0.22. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.86.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 149.13 points at the first support level, and at 145.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 155.91, and for the 2nd resistance point, it is at 159.08.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Builders Firstsource Inc [NYSE:BLDR] is 2.21. Also, the Quick Ratio is 1.45, while the Cash Ratio stands at 0.39. Considering the valuation of this stock, the price to sales ratio is 1.09, the price to book ratio is 3.76 and price to earnings (TTM) ratio is 13.08.

Transactions by insiders

Recent insider trading involved Hiller Michael, President – Central Division, that happened on May 30 ’24 when 4875.0 shares were sold. President – East Division, McCrobie Paul M completed a deal on May 24 ’24 to sell 9118.0 shares. Meanwhile, Director Boydston Cory Jacobs sold 9741.0 shares on Mar 13 ’24.

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