Investors interested in Building Products - Retail stocks are likely familiar with Builders FirstSource (BLDR) and Home Depot (HD) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revis ...

IRVING, Texas--(BUSINESS WIRE)--Builders FirstSource, Inc. (NYSE: BLDR) (“Builders FirstSource” or the “Company”) today announced that it has priced an offering of $1 billion aggregate principal amount of 6.375% unsecured Senior Notes due 2034 (the “Notes”), which represents a $400 million increase in the previously announced size of the offering. The price to investors will be 100.000% of the principal amount of the Notes. The offering of the Notes is expected to close on February 29, 2024, subject to cus ...

IRVING, Texas--(BUSINESS WIRE)--Builders FirstSource, Inc. (NYSE: BLDR) (“Builders FirstSource” or the “Company”) today announced that it has launched an offering of $600 million aggregate principal amount of unsecured Senior Notes due 2034 (the “Notes”). The Company intends to use the net proceeds from the offering to repay indebtedness outstanding under the ABL Facility and for general corporate purposes. Consummation of the offering of the Notes is subject to market and other conditions, and there can ...

Shares of Builders FirstSource (BLDR) have been strong performers lately, with the stock up 10.9% over the past month. The stock hit a new 52-week high of $194.69 in the previous session. Builders FirstSource has gained 12.8% since the start of the year compared to the 7.8% move for the Zacks Retail-Wholesale sector and the 6.8% return for the Zacks Building Products - Retail industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed ou ...

Here are two stocks with buy rank and strong value characteristics for investors to consider today, February 23rd:  Builders FirstSource (BLDR) : This company which, is the largest supplier of building materials, manufactured components and construction services to professional homebuilders, sub-contractors, remodelers and consumers, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 1.0% over the last 60 days.Builders FirstSource has a ...

Despite homebuilding slowdowns and high mortgage rates, Builders FirstSource CEO Dave Rush told CNBC's Jim Cramer that the demand for housing remains strong."When we came into the year, we were a little cautious as well," Rush said. "And what proved to be the point is housing demand is really strong, and the demand for housing and the fact that housing has been underbuilt, kept housing at a relatively stable level."The homebuilding materials supplier — whose customers are primarily homebuilders and professi ...

Builders® Q4 & FY 2023 Earnings Presentation F E B R U A R Y 2 2 , 2 0 2 4 Footnote 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 performance or other statements about anticipations, beliefs, expectations, hopes, synergies, intentions or strategies for the future, may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 19 ...

I'm happy to announce that yesterday our board increased our share repurchase authorization to a total of $1 billion. We remain disciplined in our approach to tuck-in acquisitions and still have a long runway of targets in a fragmented market. Our focus areas for M&A include increasing our market position in desirable geographies, extending our lead in value-added and specialty solutions, and enhancing customer stickiness. I am also excited to see the structural improvements we are making to remove excess c ...

Builders FirstSource, Inc. (BLDR) reported impressive earnings in fourth-quarter 2023. The bottom line surpassed the Zacks Consensus Estimate and improved from the previous year. Despite a challenging operating environment in 2023, where single-family starts witnessed significant reduction, the company delivered mid-teens or better adjusted EBITDA margin for 11 consecutive quarters.Shares of this manufacturer and supplier of building materials gained 5.3% on Feb 22.Net sales surpassed the consensus mark but ...

Builders FirstSource (BLDR) came out with quarterly earnings of $3.55 per share, beating the Zacks Consensus Estimate of $2.70 per share. This compares to earnings of $3.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 31.48%. A quarter ago, it was expected that this construction supply company would post earnings of $4.05 per share when it actually produced earnings of $4.24, delivering a surprise of 4.69%.Over the last fou ...