Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $200.88 in the prior trading day, Builders Firstsource Inc (NYSE: BLDR) closed at $162.62, down -19.05%. In other words, the price has decreased by -$19.05 from its previous closing price. On the day, 8.05 million shares were traded. BLDR stock price reached its highest trading level at $181.34 during the session, while it also had its lowest trading level at $160.325.
Ratios:
Our goal is to gain a better understanding of BLDR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 28.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.17. For the most recent quarter (mrq), Quick Ratio is recorded 1.45 and its Current Ratio is at 2.21. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.84.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on January 29, 2024, Upgraded its rating to Buy and sets its target price to $200 from $153 previously.
On January 19, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $220.
Truist Downgraded its Buy to Hold on January 04, 2024, whereas the target price for the stock was revised from $165 to $185.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 13 ’24 when Boydston Cory Jacobs sold 9,741 shares for $200.02 per share. The transaction valued at 1,948,395 led to the insider holds 18,997 shares of the business.
Boydston Cory Jacobs sold 7,759 shares of BLDR for $1,551,800 on Mar 12 ’24. The Director now owns 28,738 shares after completing the transaction at $200.00 per share. On Dec 07 ’23, another insider, FARMER MICHAEL ALAN, who serves as the President – Commercial Ops of the company, sold 3,318 shares for $145.64 each. As a result, the insider received 483,234 and left with 60,660 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BLDR now has a Market Capitalization of 19834923008 and an Enterprise Value of 28142522368. As of this moment, Builders’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.92, and their Forward P/E ratio for the next fiscal year is 11.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 4.00. Its current Enterprise Value per Revenue stands at 1.646 whereas that against EBITDA is 10.291.
Stock Price History:
Over the past 52 weeks, BLDR has reached a high of $214.70, while it has fallen to a 52-week low of $105.24. The 50-Day Moving Average of the stock is -16.74%, while the 200-Day Moving Average is calculated to be 3.30%.
Shares Statistics:
The stock has traded on average 1.27M shares per day over the past 3-months and 1250970 shares per day over the last 10 days, according to various share statistics. A total of 121.86M shares are outstanding, with a floating share count of 119.11M. Insiders hold about 2.36% of the company’s shares, while institutions hold 96.07% stake in the company. Shares short for BLDR as of 1713139200 were 2666038 with a Short Ratio of 2.10, compared to 1710460800 on 3134865. Therefore, it implies a Short% of Shares Outstanding of 2666038 and a Short% of Float of 2.8900001.
Earnings Estimates
The performance of Builders Firstsource Inc (BLDR) in the stock market is under the watchful eye of 15.0 analysts actively contributing to its current rating.On average, analysts expect EPS of $2.3 for the current quarter, with a high estimate of $2.66 and a low estimate of $1.93, while EPS last year was $2.96. The consensus estimate for the next quarter is $3.61, with high estimates of $4.13 and low estimates of $3.01.
Analysts are recommending an EPS of between $14.55 and $11.22 for the fiscal current year, implying an average EPS of $13.02. EPS for the following year is $14.48, with 13.0 analysts recommending between $16.2 and $12.44.
Revenue Estimates
16 analysts predict $3.82B in revenue for the current quarter. It ranges from a high estimate of $3.92B to a low estimate of $3.76B. As of the current estimate, Builders Firstsource Inc’s year-ago sales were $3.88BFor the next quarter, 16 analysts are estimating revenue of $4.83B. There is a high estimate of $4.98B for the next quarter, whereas the lowest estimate is $4.7B.
A total of 17 analysts have provided revenue estimates for BLDR’s current fiscal year. The highest revenue estimate was $18.32B, while the lowest revenue estimate was $17.6B, resulting in an average revenue estimate of $17.98B. In the same quarter a year ago, actual revenue was $17.1BBased on 15 analysts’ estimates, the company’s revenue will be $18.98B in the next fiscal year. The high estimate is $19.73B and the low estimate is $18.66B.
