DA Davidson Has Pessimistic Outlook of BLDR FY2025 Earnings

Builders FirstSource, Inc. (NYSE:BLDR) – Research analysts at DA Davidson cut their FY2025 earnings per share (EPS) estimates for shares of Builders FirstSource in a research note issued on Tuesday, December 10th. DA Davidson analyst K. Yinger now forecasts that the company will earn $12.04 per share for the year, down from their prior forecast of $12.79. DA Davidson currently has a “Neutral” rating and a $175.00 target price 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 earnings results on Tuesday, November 5th. The company reported $3.07 EPS for the quarter, missing the consensus estimate of $3.09 by ($0.02). The company had revenue of $4.23 billion during the quarter, compared to the consensus estimate of $4.44 billion. Builders FirstSource had a return on equity of 33.55% and a net margin of 7.40%. The firm’s revenue for the quarter was down 6.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.24 EPS.

Other equities research analysts have also issued reports about the stock. Truist Financial upgraded shares of Builders FirstSource from a “hold” rating to a “buy” rating and lifted their target price for the company from $165.00 to $220.00 in a research report on Monday, September 16th. Loop Capital lifted their price target on Builders FirstSource from $190.00 to $230.00 and gave the stock a “buy” rating in a research note on Friday, September 20th. UBS Group began coverage on shares of Builders FirstSource in a research report on Friday, October 25th. They issued a “buy” rating and a $232.00 price objective on the stock. Robert W. Baird upped their target price on Builders FirstSource from $190.00 to $222.00 and gave the stock an “outperform” rating in a report on Wednesday, October 16th. Finally, Barclays raised their target price on shares of Builders FirstSource from $182.00 to $211.00 and gave the company an “overweight” rating in a research note on Wednesday, October 9th. Three research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Builders FirstSource currently has a consensus rating of “Moderate Buy” and an average target price of $210.00.

Builders FirstSource Stock Up 0.8 %

BLDR opened at $172.09 on Wednesday. Builders FirstSource has a one year low of $130.75 and a one year high of $214.70. The company has a fifty day moving average price of $182.71 and a 200-day moving average price of $169.02. 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 $19.80 billion, a P/E ratio of 16.81, a price-to-earnings-growth ratio of 0.98 and a beta of 2.06.

Institutional Trading of Builders FirstSource

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Cyndeo Wealth Partners LLC raised its position in shares of Builders FirstSource by 3.7% during the third 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 during the last quarter. World Equity Group Inc. boosted its holdings in Builders FirstSource by 4.1% during the 3rd 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 holdings in Builders FirstSource by 0.3% during the 3rd quarter. HighTower Advisors LLC now owns 22,100 shares of the company’s stock valued at $4,296,000 after buying an additional 64 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in shares of Builders FirstSource by 0.7% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 10,240 shares of the company’s stock valued at $1,417,000 after acquiring an additional 74 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its holdings in shares of Builders FirstSource by 42.1% in the 2nd quarter. First Horizon Advisors Inc. now owns 253 shares of the company’s stock worth $35,000 after buying an additional 75 shares during the period. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Insider Buying and Selling

In other Builders FirstSource news, Director Cleveland A. Christophe sold 10,000 shares of the stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $178.41, for a total value of $1,784,100.00. Following the transaction, the director now directly owns 33,083 shares in the company, valued at approximately $5,902,338.03. This trade represents a 23.21 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.80% of the stock is currently owned by corporate insiders.

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.