CW Advisors LLC Has $646,000 Stock Position in Builders FirstSource, Inc. $BLDR

Key Points

• CW Advisors LLC reduced its holdings in Builders FirstSource by 45.9%, selling 4,384 shares and now owning 5,169 shares worth $646,000.
• Builders FirstSource reported $2.38 EPS for the quarter, exceeding estimates, but its revenue of $4.23 billion fell short of projections.
• The company has approved a $500 million share repurchase plan, indicating the board believes the stock is undervalued amidst recent analyst rating adjustments.

CW Advisors LLC decreased its position in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 45.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,169 shares of the company's stock after selling 4,384 shares during the period. CW Advisors LLC's holdings in Builders FirstSource were worth $646,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of BLDR. IMA Advisory Services Inc. bought a new position in Builders FirstSource in the first quarter worth $31,000. Sentry Investment Management LLC acquired a new stake in shares of Builders FirstSource during the 1st quarter valued at about $40,000. CX Institutional bought a new stake in Builders FirstSource in the first quarter valued at about $45,000. Mather Group LLC. raised its position in Builders FirstSource by 19.7% in the first quarter. Mather Group LLC. now owns 595 shares of the company's stock worth $74,000 after purchasing an additional 98 shares in the last quarter. Finally, New Age Alpha Advisors LLC lifted its stake in Builders FirstSource by 22.8% during the first quarter. New Age Alpha Advisors LLC now owns 640 shares of the company's stock worth $80,000 after purchasing an additional 119 shares during the period. Institutional investors and hedge funds own 95.53% of the company's stock.

Analyst Upgrades and Downgrades

BLDR has been the subject of a number of recent research reports. DA Davidson dropped their target price on Builders FirstSource from $135.00 to $125.00 and set a "neutral" rating for the company in a report on Monday, August 4th. Robert W. Baird lowered shares of Builders FirstSource from an "outperform" rating to a "neutral" rating and lowered their target price for the stock from $145.00 to $130.00 in a report on Friday, August 1st. Stifel Nicolaus boosted their price target on shares of Builders FirstSource from $118.00 to $128.00 and gave the company a "hold" rating in a research report on Friday, August 1st. BMO Capital Markets dropped their price objective on shares of Builders FirstSource from $146.00 to $135.00 and set a "market perform" rating for the company in a report on Monday, May 5th. Finally, Wall Street Zen raised Builders FirstSource from a "sell" rating to a "hold" rating in a report on Saturday. Eleven research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $154.44.

Builders FirstSource Stock Down 1.0%

BLDR stock traded down $1.41 during mid-day trading on Friday, hitting $138.73. 1,345,910 shares of the company were exchanged, compared to its average volume of 2,230,695. The firm's 50 day simple moving average is $130.85 and its 200 day simple moving average is $125.30. The firm has a market cap of $15.34 billion, a P/E ratio of 21.05, a P/E/G ratio of 14.84 and a beta of 1.68. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.08 and a current ratio of 1.79. Builders FirstSource, Inc. has a 1-year low of $102.60 and a 1-year high of $203.14.

Builders FirstSource (NYSE:BLDR - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $2.38 earnings per share for the quarter, topping the consensus estimate of $2.35 by $0.03. The company had revenue of $4.23 billion during the quarter, compared to analysts' expectations of $4.29 billion. Builders FirstSource had a net margin of 4.74% and a return on equity of 24.61%. The business's quarterly revenue was down 5.0% on a year-over-year basis. During the same period last year, the business earned $3.50 EPS. Builders FirstSource has set its FY 2025 guidance at EPS. On average, sell-side analysts predict that Builders FirstSource, Inc. will post 11.59 EPS for the current fiscal year.

About Builders FirstSource

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.