Builders FirstSource, Inc. (NASDAQ:BLDR) – Research analysts at DA Davidson issued their Q4 2019 EPS estimates for Builders FirstSource in a research note issued to investors on Tuesday, November 5th. DA Davidson analyst K. Yinger anticipates that the company will post earnings of $0.34 per share for the quarter. DA Davidson currently has a “Neutral” rating and a $21.00 price target on the stock.

A number of other research firms have also recently commented on BLDR. SunTrust Banks lifted their price objective on shares of Builders FirstSource to $24.00 in a research report on Monday, November 4th. ValuEngine raised shares of Builders FirstSource from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. B. Riley lifted their price objective on shares of Builders FirstSource from $23.00 to $29.00 in a research report on Monday, November 4th. Stephens raised shares of Builders FirstSource from an “equal” rating to an “overweight” rating and lifted their price objective for the stock from $21.00 to $28.00 in a research report on Wednesday, October 16th. Finally, Zacks Investment Research raised shares of Builders FirstSource from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a research report on Tuesday. Seven investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $20.90.

BLDR stock opened at $24.19 on Friday. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.66 and a quick ratio of 0.96. The company has a fifty day moving average price of $21.83 and a two-hundred day moving average price of $18.15. Builders FirstSource has a one year low of $10.15 and a one year high of $24.78. The stock has a market cap of $2.76 billion, a price-to-earnings ratio of 12.73 and a beta of 1.88.

Builders FirstSource (NASDAQ:BLDR) last released its earnings results on Thursday, October 31st. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.12. Builders FirstSource had a net margin of 3.17% and a return on equity of 37.03%. The business had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.87 billion. During the same period last year, the business earned $0.67 earnings per share. The firm’s revenue was down 6.5% on a year-over-year basis.

In other news, COO David E. Rush sold 12,000 shares of Builders FirstSource stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $24.53, for a total transaction of $294,360.00. Following the completion of the sale, the chief operating officer now owns 54,886 shares of the company’s stock, valued at $1,346,353.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 2.20% of the stock is currently owned by company insiders.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Public Employees Retirement System of Ohio lifted its holdings in shares of Builders FirstSource by 15.7% during the second quarter. Public Employees Retirement System of Ohio now owns 4,758 shares of the company’s stock worth $80,000 after buying an additional 645 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Builders FirstSource by 16.1% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,173 shares of the company’s stock worth $148,000 after buying an additional 994 shares in the last quarter. Tower Research Capital LLC TRC acquired a new stake in shares of Builders FirstSource during the third quarter worth $30,000. Janus Henderson Group PLC lifted its holdings in shares of Builders FirstSource by 7.3% during the second quarter. Janus Henderson Group PLC now owns 22,313 shares of the company’s stock worth $376,000 after buying an additional 1,522 shares in the last quarter. Finally, Eqis Capital Management Inc. lifted its holdings in shares of Builders FirstSource by 16.4% during the third quarter. Eqis Capital Management Inc. now owns 12,830 shares of the company’s stock worth $264,000 after buying an additional 1,803 shares in the last quarter. 87.43% of the stock is owned by institutional investors.

Builders FirstSource Company Profile

Builders FirstSource, Inc manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. The company operates through four segments: Northeast, Southeast, South, and West. 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, steel roof trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products under the Synboard brand name.

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Earnings History and Estimates for Builders FirstSource (NASDAQ:BLDR)

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