Threadgill Financial LLC Takes Position in Builders FirstSource, Inc. $BLDR

Key Points

• Threadgill Financial LLC has purchased 31,028 shares of Builders FirstSource, Inc., amounting to approximately $3.62 million, and this investment represents 1.9% of their portfolio.
• Builders FirstSource reported a quarterly earnings per share of $2.38, exceeding analysts' expectations, although revenue decreased by 5.0% year-over-year.
• The current consensus rating for Builders FirstSource stock is "Hold", with a majority of analysts issuing a neutral or hold rating amid recent price target adjustments.

Threadgill Financial LLC acquired a new position in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 31,028 shares of the company's stock, valued at approximately $3,620,000. Builders FirstSource accounts for approximately 1.9% of Threadgill Financial LLC's investment portfolio, making the stock its 20th biggest holding.

A number of other institutional investors and hedge funds also recently bought and sold shares of BLDR. Nomura Holdings Inc. purchased a new stake in shares of Builders FirstSource in the fourth quarter worth approximately $542,000. Royal Bank of Canada boosted its stake in Builders FirstSource by 39.1% during the fourth quarter. Royal Bank of Canada now owns 198,709 shares of the company's stock worth $28,403,000 after buying an additional 55,875 shares in the last quarter. Snowden Capital Advisors LLC boosted its stake in shares of Builders FirstSource by 54.3% in the 4th quarter. Snowden Capital Advisors LLC now owns 3,181 shares of the company's stock valued at $455,000 after purchasing an additional 1,120 shares in the last quarter. Toronto Dominion Bank raised its holdings in shares of Builders FirstSource by 13.0% in the fourth quarter. Toronto Dominion Bank now owns 44,898 shares of the company's stock valued at $6,417,000 after buying an additional 5,170 shares during the last quarter. Finally, State of Wyoming raised its holdings in Builders FirstSource by 78.1% during the 4th quarter. State of Wyoming now owns 2,109 shares of the company's stock worth $301,000 after purchasing an additional 925 shares during the last quarter. 95.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on BLDR shares. Stifel Nicolaus increased their target price on Builders FirstSource from $118.00 to $128.00 and gave the stock a "hold" rating in a research note on Friday, August 1st. Barclays dropped their price target on Builders FirstSource from $137.00 to $135.00 and set an "overweight" rating on the stock in a research note on Friday, August 1st. Wall Street Zen upgraded Builders FirstSource from a "sell" rating to a "hold" rating in a research report on Saturday, August 30th. Wedbush restated a "neutral" rating and issued a $145.00 price target on shares of Builders FirstSource in a research report on Monday, September 15th. Finally, Oppenheimer set a $155.00 price objective on Builders FirstSource and gave the company an "outperform" rating in a research note on Thursday, July 10th. Ten investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Builders FirstSource presently has a consensus rating of "Hold" and an average target price of $151.88.

Builders FirstSource Stock Performance

Shares of BLDR stock traded down $4.95 on Friday, reaching $123.98. The stock had a trading volume of 4,295,090 shares, compared to its average volume of 1,856,763. The stock has a market cap of $13.71 billion, a P/E ratio of 18.81, a price-to-earnings-growth ratio of 13.15 and a beta of 1.61. Builders FirstSource, Inc. has a 1 year low of $102.60 and a 1 year high of $201.79. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.08 and a current ratio of 1.79. The company has a 50 day simple moving average of $135.18 and a 200 day simple moving average of $124.76.

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

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.