Impact of Brokerage Rating on Builders FirstSource, Inc.(BLDR)

Many Builders FirstSource, Inc.(BLDR) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Builders FirstSource was Initiated by Barclays on Jan 6, 2017 to Equal Weight, Price Target of the shares are set at $12.Builders FirstSource was Initiated by Seaport Global Securities on Nov 22, 2016 to Buy, Price Target of the shares are set at $16.

Company has reported several Insider transactions to the SEC, on Nov 18, 2016, Floyd F Sherman (Chief Executive Officer) sold 12,403 shares at 11.26 per share price.On Aug 23, 2016, Donald F Mcaleenan (SVP & General Counsel) sold 70,000 shares at 12.56 per share price.On Aug 19, 2016, Morris E Tolly (Sr Vice President-Operations) sold 50,000 shares at 12.43 per share price.

Builders FirstSource Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.23. Analyst had a consensus of $0.38. The company had revenue of $1745.90 million for the quarter, compared to analysts expectations of $1773.56 million. The companys revenue was up 36.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 EPS.

Builders FirstSource, Inc. (NASDAQ:BLDR) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 1 by 6 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys.

Builders FirstSource, Inc. (NASDAQ:BLDR) stock has received a short term price target of $ 15.33 from 6 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $2.66. The higher estimate of target price is $18 , while the lower price target estimate is $11

Builders FirstSource, Inc. (NASDAQ:BLDR) rose 0.97% or 0.12 points on Tuesday and made its way into the gainers of the day. After trading began at $12.37 the stock was seen hitting $12.59 as a peak level and $12.23 as the lowest level. The stock ended up at $12.52. The daily volume was measured at 789,020 shares. The 52-week high of the share price is $14.09 and the 52-week low is $6.64. The company has a market cap of $1,396 million.

Builders FirstSource is a leading supplier and manufacturer of structural and related building products for residential new construction in the United States. Manufacturing facilities include plants that manufacture roof and floor trusses, wall panels, stairs, aluminum and vinyl windows, custom millwork and pre-hung doors. Builders FirstSource also distributes windows, interior and exterior doors, dimensional lumber and lumber sheet goods, millwork and other building products.


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