Builders FirstSource, Inc. (NASDAQ:BLDR) SVP Donald F. Mcaleenan sold 194,043 shares of Builders FirstSource stock in a transaction on Monday, March 12th. The stock was sold at an average price of $21.66, for a total transaction of $4,202,971.38. Following the completion of the transaction, the senior vice president now directly owns 442,148 shares of the company’s stock, valued at $9,576,925.68. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Builders FirstSource, Inc. (NASDAQ:BLDR) traded down $0.12 during mid-day trading on Wednesday, hitting $21.78. 711,130 shares of the company were exchanged, compared to its average volume of 1,361,545. Builders FirstSource, Inc. has a 52-week low of $13.33 and a 52-week high of $23.28. The company has a debt-to-equity ratio of 4.71, a quick ratio of 0.99 and a current ratio of 1.75. The stock has a market cap of $2,500.00, a PE ratio of 66.00 and a beta of 2.05.
Builders FirstSource (NASDAQ:BLDR) last released its quarterly earnings results on Wednesday, February 28th. The company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.23. Builders FirstSource had a net margin of 0.55% and a return on equity of 39.79%. The firm had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.70 billion. During the same period in the previous year, the company earned $0.16 EPS. The firm’s revenue for the quarter was up 15.0% compared to the same quarter last year. equities research analysts predict that Builders FirstSource, Inc. will post 1.79 earnings per share for the current fiscal year.
A number of equities analysts have commented on BLDR shares. Barclays set a $21.00 price objective on shares of Builders FirstSource and gave the stock a “hold” rating in a research note on Sunday, January 7th. Wedbush reissued an “outperform” rating and issued a $30.00 price objective on shares of Builders FirstSource in a research note on Thursday, March 1st. Zacks Investment Research raised shares of Builders FirstSource from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a research note on Wednesday, January 31st. BidaskClub cut shares of Builders FirstSource from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 11th. Finally, ValuEngine cut shares of Builders FirstSource from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Builders FirstSource presently has an average rating of “Buy” and a consensus target price of $23.41.
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Builders FirstSource Company Profile
Builders FirstSource, Inc is a supplier and manufacturer of building materials, manufactured components and construction services to professional contractors, sub-contractors, remodelers and consumers. The Company’s operating segments include Northeast, Southeast, South and West. As of December 31, 2016, it operated at 400 locations in 40 states across the United States.
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