Press coverage about Builders FirstSource (NASDAQ:BLDR) has trended somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Builders FirstSource earned a news sentiment score of 0.24 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 47.1327828048122 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media stories that may have impacted Accern Sentiment’s rankings:
- Builders FirstSource, Inc. (BLDR) Expected to Post Earnings of $0.16 Per Share (americanbankingnews.com)
- Builders Firstsource INC (BLDR) Holder Beaconlight Capital LLC Has Upped Its Stake by $5.37 Million – NMSU Hеrаld (nmsuherald.com)
- Shares of Builders FirstSource, Inc. (BLDR) are value at $21.78 – Wall Street Morning (wallstreetmorning.com)
- Insider Selling: Builders FirstSource, Inc. (BLDR) SVP Sells 194,043 Shares of Stock (americanbankingnews.com)
- Lookout for these Two stocks: Builders FirstSource, Inc. (NASDAQ … – The Oracle Examiner (oracleexaminer.com)
A number of equities analysts recently weighed in on BLDR shares. Stephens reissued a “buy” rating and issued a $27.00 price target on shares of Builders FirstSource in a research note on Wednesday, January 17th. BidaskClub raised Builders FirstSource from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, December 27th. Seaport Global Securities reissued a “buy” rating and issued a $26.00 price target on shares of Builders FirstSource in a research note on Wednesday, January 3rd. Wedbush reissued an “outperform” rating and issued a $30.00 price target on shares of Builders FirstSource in a research note on Thursday, March 1st. Finally, Stifel Nicolaus reissued a “buy” rating on shares of Builders FirstSource in a research note on Friday, March 2nd. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $23.41.
Builders FirstSource (BLDR) opened at $20.80 on Friday. 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 has a 12 month low of $13.33 and a 12 month high of $23.28. The firm has a market capitalization of $2,401.09, a PE ratio of 65.00 and a beta of 2.05.
Builders FirstSource (NASDAQ:BLDR) last released its earnings results on Wednesday, February 28th. The company reported $0.40 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.17 by $0.23. Builders FirstSource had a return on equity of 39.79% and a net margin of 0.55%. The company had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.70 billion. During the same quarter in the previous year, the business posted $0.16 EPS. The business’s revenue for the quarter was up 15.0% on a year-over-year basis. equities research analysts forecast that Builders FirstSource will post 1.79 earnings per share for the current year.
In other Builders FirstSource news, CEO M Chad Crow sold 53,635 shares of Builders FirstSource stock in a transaction dated Wednesday, March 7th. The stock was sold at an average price of $21.34, for a total transaction of $1,144,570.90. Following the transaction, the chief executive officer now owns 274,952 shares of the company’s stock, valued at approximately $5,867,475.68. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Donald F. Mcaleenan sold 194,043 shares of Builders FirstSource stock in a transaction dated Monday, March 12th. The shares were sold at an average price of $21.66, for a total value of $4,202,971.38. Following the transaction, the senior vice president now directly owns 442,148 shares in the company, valued at approximately $9,576,925.68. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 409,650 shares of company stock worth $8,790,722. Company insiders own 14.60% of the company’s stock.
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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.
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