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Builders FirstSource (NASDAQ:BLDR) has been given a consensus recommendation of “Buy” by the eight brokerages that are covering the company, AnalystRatings.NET reports. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $8.72.

Builders FirstSource (NASDAQ:BLDR) opened at 6.74 on Friday. Builders FirstSource has a 52-week low of $5.45 and a 52-week high of $9.40. The stock has a 50-day moving average of $6.47 and a 200-day moving average of $7.5. The company has a market cap of $660.7 million and a P/E ratio of 28.93.

Builders FirstSource (NASDAQ:BLDR) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.05 earnings per share for the quarter, missing the analysts’ 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 last year, the company posted $0.01 earnings per share. Builders FirstSource’s revenue was up 7.1% compared to the same quarter last year. Analysts expect that Builders FirstSource will post $0.26 EPS for the current fiscal year.

BLDR has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Builders FirstSource from an “underperform” rating to a “neutral” rating in a research note on Thursday, August 28th. They now have a $7.10 price target on the stock. Finally, analysts at BB&T Corp. reiterated a “buy” rating on shares of Builders FirstSource in a research note on Monday, July 28th. They now have a $10.00 price target on the stock, down previously from $11.00.

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

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