Builders FirstSource (BLDR) Getting Somewhat Favorable Media Coverage, Report Finds

News coverage about Builders FirstSource (NASDAQ:BLDR) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Builders FirstSource earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 46.1442515619308 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the headlines that may have impacted Accern Sentiment’s rankings:

Shares of Builders FirstSource (NASDAQ BLDR) traded down $0.55 during trading hours on Thursday, reaching $22.13. The company’s stock had a trading volume of 826,900 shares, compared to its average volume of 1,469,100. The company has a debt-to-equity ratio of 4.46, a current ratio of 1.86 and a quick ratio of 1.06. The company has a market cap of $2,520.00, a P/E ratio of 29.12 and a beta of 2.15. Builders FirstSource has a 52-week low of $10.56 and a 52-week high of $22.90.

Builders FirstSource (NASDAQ:BLDR) last posted its quarterly earnings results on Wednesday, November 8th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.02. The company had revenue of $1.88 billion during the quarter, compared to the consensus estimate of $1.87 billion. Builders FirstSource had a return on equity of 33.66% and a net margin of 1.29%. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.61 EPS. sell-side analysts forecast that Builders FirstSource will post 1.03 EPS for the current year.

Several equities analysts have issued reports on the company. B. Riley reissued a “buy” rating on shares of Builders FirstSource in a research note on Wednesday, November 1st. BidaskClub lowered Builders FirstSource from a “strong-buy” rating to a “buy” rating in a research report on Thursday. ValuEngine raised Builders FirstSource from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Barclays set a $21.00 target price on Builders FirstSource and gave the stock a “hold” rating in a research report on Sunday. Finally, Seaport Global Securities reissued a “buy” rating and issued a $26.00 price target on shares of Builders FirstSource in a research report on Wednesday, January 3rd. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $21.25.

In other Builders FirstSource news, insider M Chad Crow sold 158,384 shares of the firm’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $18.24, for a total value of $2,888,924.16. Following the sale, the insider now owns 446,248 shares of the company’s stock, valued at approximately $8,139,563.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Donald F. Mcaleenan sold 166,714 shares of the firm’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $18.16, for a total value of $3,027,526.24. Following the completion of the sale, the senior vice president now directly owns 179,805 shares in the company, valued at approximately $3,265,258.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 377,598 shares of company stock valued at $6,950,025. 14.60% of the stock is owned by corporate insiders.

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Builders FirstSource Company Profile

Builders FirstSource, Inc is a supplier and manufacturer of building materials, manufactured components and construction services to professional contractors, sub-contractors, remodelers and consumers. The Company’s operating segments include Northeast, Southeast, South and West. As of December 31, 2016, it operated at 400 locations in 40 states across the United States.

Insider Buying and Selling by Quarter for Builders FirstSource (NASDAQ:BLDR)

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