In the latest trading session, Builders FirstSource (BLDR) closed at $163.43, marking a +0.32% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.72%. Meanwhile, the Dow experienced a rise of 0.3%, and the technology-dominated Nasdaq saw an increase of 1.35%.Heading into today, shares of the construction supply company had gained 11.85% over the past month, outpacing the Retail-Wholesale sector's gain of 6.17% and the S&P 500's gain of 1.02% in that time.Market partic ...

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 sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Builders FirstSource (BLDR) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Builders FirstSource currently ...

Stock Performance - Builders FirstSource (BLDR) closed at $166 76, marking a -0 81% move from the previous day, underperforming the S&P 500's daily loss of 0 29% [1] - Over the last month, BLDR shares increased by 13 46%, outperforming the Retail-Wholesale sector's gain of 3 53% and the S&P 500's gain of 2 52% [1] Earnings and Revenue Projections - The company's upcoming earnings report is set for February 20, 2025, with an EPS projection of $2 19, reflecting a 38 31% drop compared to the same quarter last year [2] - Revenue is projected at $3 92 billion, a 5 54% decline from the equivalent quarter last year [2] Analyst Estimates and Revisions - Recent changes to analyst estimates for BLDR are closely tied to short-term business dynamics, with positive revisions indicating a favorable business outlook [3] - The Zacks Consensus EPS estimate has moved 3 18% lower over the last 30 days [5] Valuation Metrics - BLDR is trading at a Forward P/E ratio of 14 15, slightly below the industry average of 14 42 [6] - The PEG ratio for BLDR is 0 91, significantly lower than the industry average of 2 25, indicating a discount relative to expected earnings growth [6] Industry Ranking - The Building Products - Retail industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 196, placing it in the bottom 22% of over 250 industries [7] - Industries in the top 50% of the Zacks Industry Rank outperform the bottom half by a factor of 2 to 1 [7]

Builders FirstSource, Inc. (BLDR) is set to expand its footprint in its West Division by acquiring Alpine Lumber Company.BLDR stock inched up 0.4% in the after-hours trading session on Monday, post the acquisition announcement.More on BLDR’s New AcquisitionThe Colorado-based company will bring in 21 locations, serving homebuilders and contractors across the Front Range of Colorado, western Colorado and northern New Mexico, to BLDR’s portfolio. Additionally, the acquisition will also enhance the company’s pr ...

Core Viewpoint - Builders FirstSource (NYSE: BLDR) has shown strong performance over the past year with a 45% gain, but shares have declined over 10% from their highs due to persistently high mortgage rates [1] Financial Performance - Builders FirstSource reported mixed Q3 results, indicating challenges in the current market environment [1]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-40620 BUILDERS FIRSTSOURCE, INC. (Exact name of registrant as specified in its charter) Delaware 52-2084569 (State or other jurisdictio ...

Builders® Footnote OUTPERFORM TODAY. TRANSFORM TOMORROW. Q3 2024 Earnings Presentation D A V E R U S H , C E O P E T E R J A C K S O N , C E O D e s i g n a t e a n d C F O P E T E B E C K M A N N , C F O D e s i g n a t e N O V E M B E R 5 , 2 0 2 4 Safe Harbor & Non-GAAP Financial Measures Footnote Cautionary Notice Statements in this presentation and the schedules hereto that are not purely historical facts or that necessarily depend upon future events, including statements about forecasted financial per ...

Financial Data and Key Metrics Changes - Net sales for Q3 2024 were $4.2 billion, a decrease of 6.7%, driven by a 7.2% decline in core organic sales and 2.9% commodity deflation [37] - Adjusted EBITDA was approximately $627 million, down 23%, with an adjusted EBITDA margin of 14.8%, down 310 basis points from the prior year [43] - Adjusted net income was $360 million, down $174 million from the prior year, with adjusted earnings per diluted share at $3.07, a decrease of 28% compared to the prior year [44] Business Line Data and Key Metrics Changes - Install services sales increased by 11% year-over-year, focusing on helping customers address labor challenges [20] - Value-added products represented 49% of net sales during Q3, with multifamily sales comprising roughly 70% of value-added products [40] - SG&A expenses increased by $19 million to $958 million, primarily due to acquired operations and asset write-offs [41] Market Data and Key Metrics Changes - Single-family housing starts continued to show softness amid affordability challenges, with a 4.6% decline in single-family sales [21] - Multifamily sales experienced a 31% decline year-over-year, with expectations of continued headwinds [38] - The company anticipates a regional financial impact from Hurricane Helene and Milton, around $40 million in sales [48] Company Strategy and Development Direction - The company aims to enhance its talent investment and development, improve growth prospects, and foster collaboration across regions [15][16] - The focus remains on maintaining strong gross margins and operational flexibility while navigating market challenges [18][20] - The company continues to pursue M&A opportunities, completing six deals in Q3 with an aggregate 2023 sales of roughly $190 million [26] Management's Comments on Operating Environment and Future Outlook - Management noted mixed reactions to the Fed's interest rate cuts, with some homebuyers remaining cautious [21] - The company expects to see a differentiated reaction to future rate cuts, with potential for recovery in certain markets [58] - Management expressed confidence in the long-term strength of the housing market due to significant underbuilding and favorable demographic trends [54] Other Important Information - The company executed share repurchases of roughly $160 million during Q3, continuing to allocate capital to high-return opportunities [29] - The 2024 outlook includes expected total company net sales of $16.25 billion to $16.55 billion and adjusted EBITDA of $2.25 billion to $2.35 billion [48][49] Q&A Session Summary Question: Growth versus market in 2025 scenarios - Management acknowledged market choppiness and mixed reactions to interest rate cuts, indicating a cautious outlook for growth relative to the market [58] Question: Confirmation of gross margin guide - Management confirmed an expected exit rate of approximately 31.5% for gross margins in 2024, with competitive dynamics impacting margins [59][60] Question: 2025 scenario assumptions - Management indicated that the 2025 scenarios are based on economist forecasts and include assumptions for commodity prices and productivity improvements [72] Question: Impact of multifamily on manufactured products - Management noted a significant decline in multifamily manufactured products, with expectations for continued normalization [79] Question: Trends in single-family housing sizes - Management confirmed expectations for flattening trends in single-family housing sizes, with no significant deterioration anticipated [76]

Builders FirstSource (BLDR) reported lackluster results for the third quarter of 2024, with earnings and net sales missing the Zacks Consensus Estimate.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Also, both the metrics declined year over year owing to lower core organic sales and commodity deflation, partially offset by growth from acquisitions and one additional selling day. Margins also declined due to ongoing Multi-Family and core organic normalization.Owing to the expected i ...

Builders FirstSource (BLDR) came out with quarterly earnings of $3.07 per share, missing the Zacks Consensus Estimate of $3.09 per share. This compares to earnings of $4.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.65%. A quarter ago, it was expected that this construction supply company would post earnings of $3.14 per share when it actually produced earnings of $3.50, delivering a surprise of 11.46%.Over the last fo ...