Press coverage about Builders FirstSource (NASDAQ:BLDR) has trended positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Builders FirstSource earned a media sentiment score of 0.30 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.1602983930609 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:
Several equities research analysts recently weighed in on BLDR shares. Barclays set a $21.00 price objective on Builders FirstSource and gave the company a “hold” rating in a report on Sunday, January 7th. Wedbush reissued an “outperform” rating and set a $30.00 price objective on shares of Builders FirstSource in a report on Thursday, March 1st. BidaskClub downgraded Builders FirstSource from a “hold” rating to a “sell” rating in a report on Wednesday, March 28th. Stifel Nicolaus reaffirmed a “buy” rating on shares of Builders FirstSource in a report on Friday, March 2nd. Finally, Zacks Investment Research raised Builders FirstSource from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a report on Wednesday, January 31st. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $23.41.
Shares of BLDR opened at $19.70 on Friday. The stock has a market cap of $2,234.48, a price-to-earnings ratio of 15.51 and a beta of 2.05. Builders FirstSource has a 12 month low of $13.33 and a 12 month high of $23.28. The company has a debt-to-equity ratio of 4.71, a quick ratio of 0.99 and a current ratio of 1.75.
Builders FirstSource (NASDAQ:BLDR) last announced its earnings results on Wednesday, February 28th. The company reported $0.40 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.17 by $0.23. The firm had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.70 billion. Builders FirstSource had a return on equity of 39.79% and a net margin of 0.55%. The business’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.16 EPS. equities research analysts forecast that Builders FirstSource will post 1.76 EPS for the current year.
In other news, COO Morris E. Tolly sold 50,000 shares of Builders FirstSource stock in a transaction dated Monday, March 5th. The stock was sold at an average price of $21.25, for a total value of $1,062,500.00. Following the completion of the transaction, the chief operating officer now directly owns 128,344 shares of the company’s stock, valued at approximately $2,727,310. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Floyd F. Sherman sold 100,000 shares of Builders FirstSource stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of $21.24, for a total value of $2,124,000.00. Following the completion of the transaction, the director now directly owns 481,834 shares of the company’s stock, valued at $10,234,154.16. The disclosure for this sale can be found here. Insiders have sold a total of 409,650 shares of company stock worth $8,790,722 over the last ninety days. Company insiders own 14.60% of the company’s stock.
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Builders FirstSource Company Profile
Builders FirstSource, Inc manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. The company operates through four segments: Northeast, Southeast, South, and West. Its products include lumber and lumber sheet goods comprising dimensional lumber, plywood, and OSB products that are used in on-site house framing; and windows, and interior and exterior door units, as well as interior trims and custom products under the Synboard brand.
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