Builders FirstSource(BLDR)

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Builders FirstSource (BLDR) Increases Despite Market Slip: Here's What You Need to Know
Zacks Investment Research· 2024-03-13 22:51
In the latest trading session, Builders FirstSource (BLDR) closed at $201.14, marking a +0.74% move from the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.19%. Elsewhere, the Dow saw an upswing of 0.1%, while the tech-heavy Nasdaq depreciated by 0.54%.The construction supply company's shares have seen an increase of 9.59% over the last month, surpassing the Retail-Wholesale sector's gain of 2.94% and the S&P 500's gain of 3.18%.Investors will be eagerly watching for the pe ...
Builders FirstSource, Inc. (BLDR) Hits Fresh High: Is There Still Room to Run?
Zacks Investment Research· 2024-03-11 14:16
Have you been paying attention to shares of Builders FirstSource (BLDR) ? Shares have been on the move with the stock up 7.8% over the past month. The stock hit a new 52-week high of $208.16 in the previous session. Builders FirstSource has gained 19.7% since the start of the year compared to the 8.1% move for the Zacks Retail-Wholesale sector and the 9.5% return for the Zacks Building Products - Retail industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surpri ...
Builders FirstSource (BLDR) Laps the Stock Market: Here's Why
Zacks Investment Research· 2024-03-07 23:51
In the latest market close, Builders FirstSource (BLDR) reached $204.13, with a +1.93% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 1.03%. Meanwhile, the Dow gained 0.34%, and the Nasdaq, a tech-heavy index, added 1.51%.Prior to today's trading, shares of the construction supply company had gained 10.7% over the past month. This has outpaced the Retail-Wholesale sector's gain of 3.93% and the S&P 500's gain of 3.21% in that time.The investment commu ...
Is Builders FirstSource (BLDR) Stock Outpacing Its Retail-Wholesale Peers This Year?
Zacks Investment Research· 2024-03-07 15:46
Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Is Builders FirstSource (BLDR) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.Builders FirstSource is one of 219 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #10 in the Zacks Sector Rank. The Zacks Sector Rank i ...
Is Builders FirstSource (BLDR) Stock Undervalued Right Now?
Zacks Investment Research· 2024-03-06 15:45
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to ...
Builders FirstSource (BLDR) Is Considered a Good Investment by Brokers: Is That True?
Zacks Investment Research· 2024-03-06 15:35
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?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 a ...
BLDR vs. HD: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-02-27 17:41
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 ...
Builders FirstSource Prices Offering of $1 Billion of Senior Notes due 2034
Businesswire· 2024-02-26 22:08
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 ...
Builders FirstSource Launches Offering of $600 Million of Senior Notes due 2034
Businesswire· 2024-02-26 13:16
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 ...
Builders FirstSource, Inc. (BLDR) Hit a 52 Week High, Can the Run Continue?
Zacks Investment Research· 2024-02-23 15:16
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 ...