At the time of writing, Builders Firstsource Inc [BLDR] stock is trading at $160.90, up 4.96%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BLDR shares have gain 3.32% over the last week, with a monthly amount glided 5.05%, 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 August 07, 2024, when Robert W. Baird upgraded its rating to a Outperform and also boosted its price target to $190 from $185. Previously, BofA Securities downgraded its rating to Neutral on August 02, 2024, and dropped its price target to $180. On January 29, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $200 on the stock. Oppenheimer started tracking the stock assigning a Outperform rating and suggested a price target of $220 on January 19, 2024. Truist downgraded its rating to a Hold and raised its price target to $185 on January 04, 2024. B. Riley Securities upgraded its rating to Buy for this stock on December 06, 2023, and upped its price target to $177. In a note dated December 01, 2023, BofA Securities initiated an Neutral rating and provided a target price of $143 on this stock.
For the past year, the stock price of Builders Firstsource Inc fluctuated between $105.24 and $214.70. Currently, Wall Street analysts expect the stock to reach $151.25 within the next 12 months. Builders Firstsource Inc [NYSE: BLDR] shares were valued at $160.90 at the most recent close of the market. An investor can expect a potential drop of -6.0% based on the average BLDR price forecast.
Analyzing the BLDR fundamentals
According to Builders Firstsource Inc [NYSE:BLDR], the company’s sales were 17.03B for trailing twelve months, which represents an -1.60% plunge. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.3 and Total Capital is 0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.91.
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 156.92 points at the first support level, and at 152.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 163.19, and for the 2nd resistance point, it is at 165.49.
Ratios To Look Out For
It is important to note that Builders Firstsource Inc [NYSE:BLDR] has a current ratio of 1.83. In addition, the Quick Ratio stands at 1.14 and the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 1.10, the price to book ratio is 4.35 and price to earnings (TTM) ratio is 14.13.
Transactions by insiders
Recent insider trading involved Steinke Craig Arthur, Director, that happened on Aug 08 ’24 when 30000.0 shares were purchased. Director, Steinke Craig Arthur completed a deal on Aug 08 ’24 to sell 30000.0 shares. Meanwhile, President – Central Division Hiller Michael sold 4875.0 shares on May 30 ’24.
