Q4 2024 EPS Estimates for Builders FirstSource, Inc. (NYSE:BLDR) Decreased by Analyst

Builders FirstSource, Inc. (NYSE:BLDR) – B. Riley reduced their Q4 2024 earnings per share (EPS) estimates for Builders FirstSource in a research note issued on Wednesday, May 8th. B. Riley analyst A. Rygiel now forecasts that the company will post earnings of $2.84 per share for the quarter, down from their prior estimate of $3.18. The consensus estimate for Builders FirstSource’s current full-year earnings is $13.83 per share.

A number of other research firms have also recently weighed in on BLDR. Barclays cut their price target on Builders FirstSource from $240.00 to $200.00 and set an “overweight” rating on the stock in a research note on Wednesday. Wedbush reissued an “outperform” rating and set a $215.00 target price (down previously from $225.00) on shares of Builders FirstSource in a research report on Tuesday. StockNews.com raised Builders FirstSource from a “hold” rating to a “buy” rating in a report on Wednesday, February 21st. Royal Bank of Canada raised their price objective on shares of Builders FirstSource from $186.00 to $211.00 and gave the stock an “outperform” rating in a report on Friday, February 23rd. Finally, Robert W. Baird lowered their target price on shares of Builders FirstSource from $207.00 to $197.00 and set a “neutral” rating for the company in a report on Wednesday. Four investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Builders FirstSource currently has a consensus rating of “Moderate Buy” and an average target price of $196.27.

Builders FirstSource Price Performance

Shares of BLDR opened at $169.90 on Friday. The firm has a market capitalization of $20.72 billion, a price-to-earnings ratio of 14.12, a PEG ratio of 1.22 and a beta of 2.08. The firm’s fifty day simple moving average is $193.98 and its 200-day simple moving average is $169.12. Builders FirstSource has a twelve month low of $105.24 and a twelve month high of $214.70. The company has a current ratio of 1.77, a quick ratio of 1.11 and a debt-to-equity ratio of 0.67.

Builders FirstSource (NYSE:BLDR) last issued its quarterly earnings results on Tuesday, May 7th. The company reported $2.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.42 by $0.23. Builders FirstSource had a net margin of 9.01% and a return on equity of 41.10%. The company had revenue of $3.89 billion during the quarter, compared to the consensus estimate of $3.83 billion. During the same quarter in the previous year, the firm earned $2.96 earnings per share. The firm’s quarterly revenue was up .2% on a year-over-year basis.

Institutional Trading of Builders FirstSource

Several hedge funds have recently made changes to their positions in the company. Team Hewins LLC raised its holdings in Builders FirstSource by 6.5% during the first quarter. Team Hewins LLC now owns 1,313 shares of the company’s stock worth $274,000 after purchasing an additional 80 shares in the last quarter. Private Trust Co. NA raised its stake in shares of Builders FirstSource by 30.7% during the 4th quarter. Private Trust Co. NA now owns 345 shares of the company’s stock worth $58,000 after buying an additional 81 shares in the last quarter. V Square Quantitative Management LLC lifted its holdings in shares of Builders FirstSource by 10.2% in the 3rd quarter. V Square Quantitative Management LLC now owns 915 shares of the company’s stock valued at $114,000 after buying an additional 85 shares during the period. Congress Wealth Management LLC DE boosted its stake in shares of Builders FirstSource by 1.4% in the fourth quarter. Congress Wealth Management LLC DE now owns 6,197 shares of the company’s stock valued at $1,035,000 after buying an additional 85 shares in the last quarter. Finally, Mezzasalma Advisors LLC grew its holdings in Builders FirstSource by 0.6% during the third quarter. Mezzasalma Advisors LLC now owns 14,715 shares of the company’s stock worth $1,832,000 after acquiring an additional 90 shares during the period. Institutional investors and hedge funds own 95.53% of the company’s stock.

Insider Activity at Builders FirstSource

In other Builders FirstSource news, Director Cory Jacobs Boydston sold 7,759 shares of Builders FirstSource stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $200.00, for a total value of $1,551,800.00. Following the transaction, the director now directly owns 28,738 shares in the company, valued at approximately $5,747,600. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.90% of the stock is currently owned by 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.