Builders Firstsource Inc (BLDR)’s Market Momentum: Closing Strong at 163.88, Up 1.88

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As of close of business last night, Builders Firstsource Inc’s stock clocked out at $163.88, up 1.88% from its previous closing price of $160.86. In other words, the price has increased by $1.88 from its previous closing price. On the day, 1.58 million shares were traded. BLDR stock price reached its highest trading level at $164.8395 during the session, while it also had its lowest trading level at $158.36.

Ratios:

To gain a deeper understanding of BLDR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 28.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.28. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 30 ’24 when Hiller Michael sold 4,875 shares for $159.25 per share. The transaction valued at 776,344 led to the insider holds 30,106 shares of the business.

McCrobie Paul M sold 9,118 shares of BLDR for $1,551,063 on May 24 ’24. The President – East Division now owns 22,667 shares after completing the transaction at $170.11 per share. On Mar 13 ’24, another insider, Boydston Cory Jacobs, who serves as the Director of the company, sold 9,741 shares for $200.02 each. As a result, the insider received 1,948,395 and left with 18,997 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 20002701312 and an Enterprise Value of 23551389696. As of this moment, Builders’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.03, and their Forward P/E ratio for the next fiscal year is 12.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 4.04. Its current Enterprise Value per Revenue stands at 1.377 whereas that against EBITDA is 8.905.

Stock Price History:

The Beta on a monthly basis for BLDR is 2.04, which has changed by 0.15595686 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. 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 7.59%, while the 200-Day Moving Average is calculated to be 1.48%.

Shares Statistics:

It appears that BLDR traded 2.06M shares on average per day over the past three months and 2127210 shares per day over the past ten days. A total of 121.86M shares are outstanding, with a floating share count of 119.65M. Insiders hold about 1.97% of the company’s shares, while institutions hold 93.00% stake in the company. Shares short for BLDR as of 1719532800 were 3110021 with a Short Ratio of 1.51, compared to 1717113600 on 3787203. Therefore, it implies a Short% of Shares Outstanding of 3110021 and a Short% of Float of 3.36.

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