Builders FirstSource(BLDR)
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Builders FirstSource (BLDR) Stock Declines While Market Improves: Some Information for Investors
Zacks Investment Research· 2024-04-24 22:56
In the latest trading session, Builders FirstSource (BLDR) closed at $186.69, marking a -0.29% move from the previous day. This move lagged the S&P 500's daily gain of 0.02%. On the other hand, the Dow registered a loss of 0.11%, and the technology-centric Nasdaq increased by 0.1%.Heading into today, shares of the construction supply company had lost 9.56% over the past month, lagging the Retail-Wholesale sector's loss of 2.56% and the S&P 500's loss of 3.01% in that time.The investment community will be cl ...
Why Homebuilder Sales and Stock Prices Are Rising Despite High Mortgage Rates
Investopedia· 2024-04-23 22:26
Key TakeawaysHomebuilder PulteGroup reported better-than-expected first-quarter earnings on Tuesday, with closings increasing 11% as incentives and a shortage of existing homes for sale funneled buyers to new builds.Census Bureau data released Tuesday showed new home sales rose to an annualized rate of 693,000 in March, the most since September.High mortgage rates have locked homeowners into their current loans, depriving the market of existing housing stock and benefiting homebuilders in the process. Share ...
3 Top Ways to Play 2024's Wild Real Estate Market
InvestorPlace· 2024-04-05 20:57
With the Federal Reserve not cutting interest rates yet and continued homebuyer trepidation thanks to high prices and high mortgage rates, it’s understandable why investors may not consider real estate stocks to be best play right now. Indeed, general sentiment around real estate seems to be more negative today than it has been for the past several years. However, there are still some surprisingly lucrative options to take advantage of in this space.While traditional real estate may not be thriving right no ...
Builders FirstSource (BLDR) Exceeds Market Returns: Some Facts to Consider
Zacks Investment Research· 2024-04-03 22:51
In the latest market close, Builders FirstSource (BLDR) reached $202.77, with a +1.51% movement compared to the previous day. The stock's change was more than the S&P 500's daily gain of 0.11%. Meanwhile, the Dow experienced a drop of 0.11%, and the technology-dominated Nasdaq saw an increase of 0.23%.Heading into today, shares of the construction supply company had gained 0.73% over the past month, outpacing the Retail-Wholesale sector's gain of 0.04% and lagging the S&P 500's gain of 1.5% in that time.The ...
Investors Heavily Search Builders FirstSource, Inc. (BLDR): Here is What You Need to Know
Zacks Investment Research· 2024-04-02 14:06
Builders FirstSource (BLDR) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this construction supply company have returned +2.3% over the past month versus the Zacks S&P 500 composite's +2.2% change. The Zacks Building Products - Retail industry, to which Builders FirstSource belongs, has lost 1.6% over this period. Now the key question is: Where could the stock be hea ...
Will Builders FirstSource (BLDR) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-01 17:15
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Builders FirstSource (BLDR) . This company, which is in the Zacks Building Products - Retail industry, shows potential for another earnings beat.When looking at the last two reports, this construction supply company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 18.09%, on av ...
BLDR vs. FAST: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-04-01 16:46
Investors looking for stocks in the Building Products - Retail sector might want to consider either Builders FirstSource (BLDR) or Fastenal (FAST) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision tren ...
The 3 Best Stocks to Buy in 2024 if You Love Share Buybacks
InvestorPlace· 2024-03-31 21:00
When done correctly, buybacks can be a great source of value for shareholders. Indeed, buybacks indicate that a company is in great financial shape and generating solid free cash flow. That’s why buying the best stocks for share buybacks can lead to significant outperformance.Ideally, when companies with healthy growth do buybacks, their stock outperforms. First, the demand from repurchases provides a floor on the stock. Second, if the company isn’t issuing shares exceeding the buyback, the shares outstandi ...
Builders FirstSource (BLDR) Registers a Bigger Fall Than the Market: Important Facts to Note
Zacks Investment Research· 2024-03-22 22:50
The latest trading session saw Builders FirstSource (BLDR) ending at $210.54, denoting a -0.27% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a loss of 0.14% for the day. Elsewhere, the Dow saw a downswing of 0.77%, while the tech-heavy Nasdaq appreciated by 0.17%.Shares of the construction supply company have appreciated by 12.08% over the course of the past month, outperforming the Retail-Wholesale sector's gain of 5.09% and the S&P 500's gain of 5.34%.Analyst ...
Are Investors Undervaluing Builders FirstSource (BLDR) Right Now?
Zacks Investment Research· 2024-03-22 14:46
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they beli ...