Builders Firstsource Inc (BLDR) stock price forecast predicts $163 value

A share price of Builders Firstsource Inc [BLDR] is currently trading at $180.99, up 4.96%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BLDR shares have gain 5.47% over the last week, with a monthly amount drifted -5.82%, and not 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 October 25, 2024, when UBS initiated its Buy rating and assigned the stock a price target of $232. Previously, Goldman started tracking the stock with Buy rating on October 10, 2024, and set its price target to $225. On September 16, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $220 on the stock. Robert W. Baird upgraded its rating to a Outperform and increased its price target to $190 on August 07, 2024. BofA Securities downgraded its rating to a Neutral and reduced its price target to $180 on August 02, 2024. BofA Securities upgraded its rating to Buy for this stock on January 29, 2024, and upped its price target to $200. In a note dated January 19, 2024, Oppenheimer initiated an Outperform rating and provided a target price of $220 on this stock.

Builders Firstsource Inc experienced fluctuations in its stock price throughout the past year between $120.80 and $214.70. Currently, Wall Street analysts expect the stock to reach $163 within the next 12 months. Builders Firstsource Inc [NYSE: BLDR] shares were valued at $180.99 at the most recent close of the market. An investor can expect a potential drop of -9.94% based on the average BLDR price forecast.

Analyzing the BLDR fundamentals

Trailing Twelve Months sales for Builders Firstsource Inc [NYSE:BLDR] were 17.03B which represents -1.60% decline. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.27 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.98.

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 176.24 points at the first support level, and at 171.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 185.45, and for the 2nd resistance point, it is at 189.91.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Builders Firstsource Inc [NYSE:BLDR] is 1.83. Further, the Quick Ratio stands at 1.14, while the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 1.24, the price to book ratio is 4.90 and price to earnings (TTM) ratio is 15.90.

Transactions by insiders

Recent insider trading involved Steinke Craig Arthur, Director, that happened on Aug 08 ’24 when 30000.0 shares were sold. Director, Steinke Craig Arthur completed a deal on Aug 08 ’24 to buy 30000.0 shares. Meanwhile, President – Central Division Hiller Michael sold 4875.0 shares on May 30 ’24.

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