Why Builders FirstSource (BLDR) Dipped More Than Broader Market Today

Company Performance - Builders FirstSource (BLDR) ended the latest trading session at $114.36, reflecting a -2.53% adjustment from the previous day's close, which lagged behind the S&P 500's daily loss of 0.27% [1] - Over the last month, the company's shares have decreased by 5.23%, underperforming the Retail-Wholesale sector's gain of 4.25% and the S&P 500's gain of 6.9% [1] Upcoming Financial Results - Builders FirstSource is projected to report earnings of $2.37 per share, indicating a year-over-year decline of 32.29% [2] - The consensus estimate for revenue is $4.29 billion, representing a 3.81% decrease compared to the same quarter of the previous year [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates anticipate earnings of $8.54 per share and revenue of $16.34 billion, reflecting shifts of -26.12% and -0.37% from the previous year, respectively [3] - Recent changes to analyst estimates for Builders FirstSource may indicate a changing landscape of near-term business trends, with positive estimate revisions seen as a good sign for the business outlook [3] Valuation Metrics - Builders FirstSource has a Forward P/E ratio of 13.75, which is a discount compared to the average Forward P/E of 19.5 for its industry [6] - The company holds a PEG ratio of 7.47, compared to the average PEG ratio of 5.72 for the Building Products - Retail industry [7] Industry Context - The Building Products - Retail industry is part of the Retail-Wholesale sector and currently has a Zacks Industry Rank of 164, placing it in the bottom 34% of all 250+ industries [8] - The Zacks Industry Rank assesses the strength of industry groups by calculating the average Zacks Rank of individual stocks, with research indicating that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]