Free Trial
NYSE:BLDR

Builders FirstSource (BLDR) Stock Price, News & Analysis

Builders FirstSource logo
$171.40
-1.48 (-0.86%)
(As of 10/31/2024 ET)

About Builders FirstSource Stock (NYSE:BLDR)

Key Stats

Today's Range
$170.94
$173.89
50-Day Range
$166.16
$201.83
52-Week Range
$107.84
$214.70
Volume
730,514 shs
Average Volume
1.57 million shs
Market Capitalization
$19.96 billion
P/E Ratio
15.05
Dividend Yield
N/A
Price Target
$200.35
Consensus Rating
Moderate Buy

Company Overview

Builders FirstSource, Inc. is a leading manufacturer and supplier of building materials serving the residential construction, repair, and remodeling markets in the United States. Headquartered in Dallas, Texas, Builders FirstSource operates approximately 550 locations in 40 states. The company prides itself on being one of the largest suppliers of building products, prefabricated components, and value-added services in the industry.

Builders FirstSource's mission is to provide its customers with high-quality building materials and construction solutions, empowering them to build homes and structures that meet the highest standards of quality, durability, and aesthetics. The company caters to a wide range of customers, including professional homebuilders, sub-contractors, remodelers, and consumers.

The company offers a comprehensive range of building materials, including lumber, plywood, oriented strand board products, wood floor and roof trusses, steel roof trusses, wall panels, stairs, windows, doors, interior trims, and custom products. Builders FirstSource also provides specialty building products and services such as siding, metal studs, roofing, insulation, cabinets, and hardware. The company also offers software solutions that assist retailers, distributors, manufacturers, and homebuilders in various operations.

A highly experienced management team leads Builders FirstSource with industry knowledge and expertise. Dave Rush serves as the Chief Executive Officer of the company. Under his leadership, Builders FirstSource has achieved significant growth and expanded its market presence. The management team is committed to driving innovation, operational excellence, and delivering exceptional customer service.

Builders FirstSource has reported increasing revenue yearly for the past several years representing healthy year-over-year growth. Builders FirstSource's strong financial performance showcases its ability to capitalize on market opportunities and generate sustainable growth.

Builders FirstSource's valuation metrics are favorable compared to industry peers. The company's price-to-earnings ratio indicates that investors are willing to pay a reasonable premium for the company's earnings. The price-to-book ratio suggests that Builders FirstSource's stock price is trading at a modest premium relative to its book value. These valuation metrics reflect investors' confidence in the company's growth prospects and financial stability.

Builders FirstSource operates in the building materials industry, which is crucial in the construction sector. The industry has experienced steady growth in recent years due to increased housing demand, renovation activities, and infrastructure development. The company faces competition from other major players in the industry but stands out due to its comprehensive product range, extensive distribution network, and commitment to customer satisfaction.

Builders FirstSource benefits from the positive trends in the housing market as new residential construction and remodeling projects drive demand for its products and services. Additionally, the company's focus on sustainable building materials aligns with the industry's growing emphasis on environmentally friendly practices. However, the industry is subject to regulatory and political factors, such as zoning regulations, trade policies, and changes in building codes, which could impact market conditions.

While Builders FirstSource has enjoyed robust growth, it faces certain risks and challenges. Changes in consumer preferences and economic conditions could impact demand for residential construction and remodeling projects, affecting the company's revenue. The industry is also sensitive to fluctuations in lumber prices and supply chain disruptions, which can impact profitability.

Additionally, regulatory changes and compliance with environmental standards pose ongoing challenges. Builders FirstSource must stay abreast of evolving regulations and ensure its products meet the required specifications. Competition within the industry remains intense, and the company must continue to innovate and differentiate itself to maintain its competitive edge.

Builders FirstSource Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
94th Percentile Overall Score

BLDR MarketRank™: 

Builders FirstSource scored higher than 94% of companies evaluated by MarketBeat, and ranked 22nd out of 207 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Builders FirstSource has received a consensus rating of Moderate Buy. The company's average rating score is 2.84, and is based on 14 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Builders FirstSource has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Builders FirstSource's stock forecast and price target.
  • Earnings Growth

    Earnings for Builders FirstSource are expected to grow by 9.16% in the coming year, from $11.68 to $12.75 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Builders FirstSource is 15.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.44.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Builders FirstSource is 15.05, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 37.38.

  • Price to Earnings Growth Ratio

    Builders FirstSource has a PEG Ratio of 11.48. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Builders FirstSource has a P/B Ratio of 4.47. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Builders FirstSource's valuation and earnings.
  • Percentage of Shares Shorted

    2.40% of the float of Builders FirstSource has been sold short.
  • Short Interest Ratio / Days to Cover

    Builders FirstSource has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Builders FirstSource has recently decreased by 6.16%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Builders FirstSource does not currently pay a dividend.

  • Dividend Growth

    Builders FirstSource does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.40% of the float of Builders FirstSource has been sold short.
  • Short Interest Ratio / Days to Cover

    Builders FirstSource has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Builders FirstSource has recently decreased by 6.16%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Builders FirstSource has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 29 news articles for Builders FirstSource this week, compared to 11 articles on an average week.
  • Search Interest

    24 people have searched for BLDR on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.
  • MarketBeat Follows

    32 people have added Builders FirstSource to their MarketBeat watchlist in the last 30 days. This is an increase of 433% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Builders FirstSource insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,610,400.00 in company stock.

  • Percentage Held by Insiders

    Only 1.80% of the stock of Builders FirstSource is held by insiders.

  • Percentage Held by Institutions

    95.53% of the stock of Builders FirstSource is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Builders FirstSource's insider trading history.
Receive BLDR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Builders FirstSource and its competitors with MarketBeat's FREE daily newsletter.

BLDR Stock News Headlines

Don’t Miss Out! Get 2 Hot AI Stocks for Under $10/Share 🚀
Artificial Intelligence (AI) stocks are booming, and now is your chance to get in on the action — without breaking the bank! We’ve just uncovered 2 must-buy AI stocks trading for under $10/share, and they’re showing serious potential for growth.
3 Dividends With More than 5% Yields to Buy in November
DA Davidson Has Negative Estimate for BLDR Q3 Earnings
See More Headlines

BLDR Stock Analysis - Frequently Asked Questions

Builders FirstSource's stock was trading at $166.94 at the beginning of the year. Since then, BLDR stock has increased by 2.7% and is now trading at $171.40.
View the best growth stocks for 2024 here
.

Builders FirstSource, Inc. (NYSE:BLDR) announced its earnings results on Tuesday, August, 6th. The company reported $3.50 earnings per share for the quarter, topping analysts' consensus estimates of $3.02 by $0.48. The company's revenue for the quarter was down 1.6% compared to the same quarter last year.

Builders FirstSource's board initiated a share buyback plan on Tuesday, August 6th 2024, which allows the company to buy back $1,000,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 5.3% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board believes its shares are undervalued.

Builders FirstSource subsidiaries include these companies: BMC Stock Holdings, ProBuild Holdings, Empire Truss, Trim Tech of Austin, BFS IP LLC, BFS LLC, BFS Pay LLC, and others.

Builders FirstSource's top institutional shareholders include Robeco Institutional Asset Management B.V. (0.74%), Artemis Investment Management LLP (0.48%), Oakworth Capital Inc. (0.17%) and National Pension Service (0.16%). Insiders that own company stock include Craig Arthur Steinke, Timothy D Johnson, Timothy D Johnson, Michael Alan Farmer, Michael Alan Farmer, Jami Beckmann, Michael Hiller, Cory Jacobs Boydston, Paul M Mccrobie and Floyd F Sherman.
View institutional ownership trends
.

Shares of BLDR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Builders FirstSource investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), Arista Networks (ANET) and ServiceNow (NOW).

Company Calendar

Last Earnings
8/06/2024
Today
10/31/2024
Next Earnings (Confirmed)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Lumber & other building materials
Sub-Industry
Building Products
CUSIP
12008R10
Employees
29,000
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$200.35
High Stock Price Target
$232.00
Low Stock Price Target
$150.00
Potential Upside/Downside
+16.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.84
Research Coverage
19 Analysts

Profitability

Net Income
$1.54 billion
Pretax Margin
10.56%

Debt

Sales & Book Value

Annual Sales
$17.03 billion
Cash Flow
$17.56 per share
Book Value
$38.37 per share

Miscellaneous

Free Float
114,358,000
Market Cap
$20.07 billion
Optionable
Optionable
Beta
2.06

Social Links

Unlock the Potential in Options Trading Cover

Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.

Get This Free Report

This page (NYSE:BLDR) was last updated on 10/31/2024 by MarketBeat.com Staff
From Our Partners