Is Builders Firstsource Inc (BLDR) positioned for future growth?

With 1.47 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.38 million shares. During the session, the Building Products & Equipment company that operates in wider Industrials sector, reached to the highest price of $179.1605 whereas the lowest price it dropped to was $172.6. The 52-week range on BLDR shows that it touched its highest point at $214.70 and its lowest point at $130.75 during that stretch. It currently has a 1-year price target of $211.00. Beta for the stock currently stands at 2.07.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BLDR was down-trending over the past week, with a drop of -2.81%, but this was down by -3.22% over a month. Three-month performance surged to 4.34% while six-month performance rose 5.34%. The stock gained 30.12% in the past year, while it has gained 4.73% so far this year. A look at the trailing 12-month EPS for BLDR yields 10.23 with Next year EPS estimates of 11.54. For the next quarter, that number is 2.17. This implies an EPS growth rate of -23.93% for this year and 3.98% for next year. EPS is expected to grow by 0.15% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 46.65%.

Float and Shares Shorts:

At present, 121.86 million BLDR shares are outstanding with a float of 112.66 million shares on hand for trading. On 2024-10-31, short shares totaled 2.48 million, which was 215.0 higher than short shares on 1727654400. In addition to Mr. Stephen J. Herron as the firm’s Chief Operating Officer, Mr. Timothy D. Johnson J.D. serves as its Executive VP, General Counsel & Corporate Secretary.

Institutional Ownership:

Through their ownership of 0.98783994 of BLDR’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, BLDR reported revenue of $4232494000.0 and operating income of $428023000.0. The EBITDA in the recently reported quarter was $569728000.0 and diluted EPS was $2.44.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BLDR since 6 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BLDR analysts setting a high price target of 232.0 and a low target of 175.0, the average target price over the next 12 months is 211.0. Based on these targets, BLDR could surge 32.7% to reach the target high and rise by 0.1% to reach the target low. Reaching the average price target will result in a growth of 20.69% from current levels.

Analysts have provided yearly estimates in a range of $11.23236 being high and $10.89635 being low. For BLDR, this leads to a yearly average estimate of $11.09796. The surprise factor in the prior quarter was $3.08. Based on analyst estimates, the high estimate for the next quarter is $2.51 and the low estimate is $1.89. The average estimate for the next quarter is thus $2.23.