Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Builders FirstSource. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. The Building Products - Retail industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 221, positioning it in the bottom 13% of all 250+ industries. The con ...

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $12.93 per share and a revenue of $17.82 billion, representing changes of -11.38% and +4.25%, respectively, from the prior year. Builders FirstSource (BLDR) closed the latest trading day at $137.86, indicating a +0.82% change from the previous session's end. The stock exceeded the S&P 500, which registered a gain of 0.09% for the day. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq gained 0.3%. The investme ...

Builders FirstSource (BLDR) closed the most recent trading day at $143.19, moving -1.07% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.16%. Meanwhile, the Dow experienced a rise of 0.04%, and the technology-dominated Nasdaq saw a decrease of 0.18%. The investment community will be paying close attention to the earnings performance of Builders FirstSource in its upcoming release. The company's upcoming EPS is projected at $3.16, signifying a 18.77% drop c ...

But in a strong housing market, BLDR beat all comps, rising out of the bear market lows of late 2022 to post stock performance of over +225% by March of this year. The driver of that rally was an EPS trailing twelve-month (TTM) moonshot from $2 to $18 that occurred from 2020 through 2022. First, the macro supply/demand situation can best be described by data from Lance Lambert who goes by @NewsLambert on Twitter. Here's how he previewed his new research service in October of 2023... May 2023: 7 of 200 You c ...

Brokerage Recommendation Trends for BLDR Check price target & stock forecast for Builders FirstSource here>>> The ABR suggests buying Builders FirstSource, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation. Are you wondering why? The vested interest of brokerage firms in a stock they cover often r ...

Prior to today's trading, shares of the construction supply company had lost 12.09% over the past month. This has lagged the Retail-Wholesale sector's gain of 0.79% and the S&P 500's gain of 3.96% in that time. Builders FirstSource (BLDR) closed at $151.15 in the latest trading session, marking no change from the prior day. This move lagged the S&P 500's daily gain of 0.23%. Meanwhile, the Dow experienced a drop of 0.17%, and the technology-dominated Nasdaq saw an increase of 0.34%. Market participants will ...

There are tens of thousands of stocks to choose from when it comes to investing, so many that investors oftentimes find themselves stuck with choice paralysis. While investors see the same obvious big names flying around news headlines all the time, the most attractive investments are often stocks that are still flying under the radar. Oftentimes, companies like these have largely underappreciated business models that require proper due diligence to discover. Northrop Grumman (NOC) Northrop Grumman (NYSE:NO ...

A month has gone by since the last earnings report for Builders FirstSource (BLDR) . Shares have lost about 8.3% in that time frame, underperforming the S&P 500. Builders FirstSource reported better-than-expected results in first-quarter 2024. Both earnings and net sales surpassed the Zacks Consensus Estimate. The company reported adjusted earnings per share (EPS) of $2.65, which beat the consensus mark of $2.42 by 9.5%. The reported figure declined 10.5% from the year-ago EPS figure of $2.96, due to lower ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Builders FirstSource (BLDR) . Builders FirstSource currently has an averag ...

Builders FirstSource, Inc.'s (BLDR) shares gained 48% in the past year compared with the Zacks Building Products – Retail industry's 9.7% increase. It is likely to gain further on the back of strategic acquisitions, focus on innovations and digital solutions for customers, cost synergies and stable liquidity. Let's delve deeper into the factors that are making this building materials supplier attractive among investors. A Look at Q1 Performance: Builders FirstSource generated impressive results in first-qua ...