With 2.76 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.47 million shares. 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 $190.44. Beta for the stock currently stands at 2.16.
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 -4.23%, but this was down by -13.11% over a month. Three-month performance dropped to -18.09% while six-month performance fell -11.59%. The stock lost -21.44% in the past year, while it has gained 1.02% so far this year. A look at the trailing 12-month EPS for BLDR yields 9.05 with Next year EPS estimates of 12.47. For the next quarter, that number is 1.76. This implies an EPS growth rate of -9.93% for this year and 19.77% for next year. EPS is expected to grow by 9.43% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 36.74%.
Float and Shares Shorts:
At present, 113.58 million BLDR shares are outstanding with a float of 112.61 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $10.93119 being high and $10.65885 being low. For BLDR, this leads to a yearly average estimate of $10.79972. Based on analyst estimates, the high estimate for the next quarter is $3.63 and the low estimate is $2.64. The average estimate for the next quarter is thus $3.32.
