Share on StockTwits

Builders FirstSource (NASDAQ:BLDR) has earned a consensus rating of “Buy” from the nine ratings firms that are presently covering the stock, Analyst Ratings Net reports. Two analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $8.82.

Several analysts have recently commented on the stock. Analysts at BB&T Corp. reiterated a “buy” rating on shares of Builders FirstSource in a research note on Monday. They now have a $10.00 price target on the stock, down previously from $11.00. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Builders FirstSource in a research note on Monday. They now have a $9.00 price target on the stock, down previously from $11.00. Finally, analysts at Stifel Nicolaus initiated coverage on shares of Builders FirstSource in a research note on Thursday, May 29th. They set a “hold” rating on the stock.

Shares of Builders FirstSource (NASDAQ:BLDR) traded up 3.42% during mid-day trading on Tuesday, hitting $6.05. The stock had a trading volume of 186,779 shares. Builders FirstSource has a 52 week low of $5.15 and a 52 week high of $9.40. The stock has a 50-day moving average of $7.18 and a 200-day moving average of $7.81. The company has a market cap of $593.1 million and a price-to-earnings ratio of 24.07.

Builders FirstSource (NASDAQ:BLDR) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by $0.07. The company had revenue of $426.50 million for the quarter, compared to the consensus estimate of $442.30 million. During the same quarter in the previous year, the company posted $0.01 earnings per share. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. Analysts expect that Builders FirstSource will post $0.37 EPS for the current fiscal year.

Builders FirstSource, Inc is a supplier and manufacturer of structural and related building products for residential new construction.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.