Builders Firstsource Inc (NASDAQ:BLDR) Stock Price While Sentiment Improves

June 14, 2018 - By Kurt Siggers

Builders FirstSource, Inc. (NASDAQ:BLDR) Logo

Sentiment for Builders Firstsource Inc (NASDAQ:BLDR)

Builders Firstsource Inc (NASDAQ:BLDR) institutional sentiment increased to 1.03 in 2018 Q1. Its up 0.03, from 1 in 2017Q4. The ratio is positive, as 110 active investment managers increased or started new holdings, while 107 reduced and sold positions in Builders Firstsource Inc. The active investment managers in our partner’s database reported: 95.73 million shares, down from 101.67 million shares in 2017Q4. Also, the number of active investment managers holding Builders Firstsource Inc in their top 10 holdings decreased from 12 to 7 for a decrease of 5. Sold All: 23 Reduced: 84 Increased: 66 New Position: 44.

Builders FirstSource, Inc. manufactures and supplies building materials, manufactured components, and construction services to professional contractors, sub-contractors, and clients in the United States. The company has market cap of $2.18 billion. The Company’s 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. It has a 37.35 P/E ratio. The companyÂ’s manufactured products consist of wood floor and roof trusses, steel roof trusses, wall panels, stairs, and engineered wood; gypsum, roofing and insulation products, including wallboards, ceilings, joint treatment, and finishes, as well as vinyl, composite, and wood sidings; and exterior trims, other exteriors, metal studs, and cement.

The stock decreased 2.76% or $0.54 during the last trading session, reaching $19.05. About 1.55 million shares traded or 52.94% up from the average. Builders FirstSource, Inc. (NASDAQ:BLDR) has risen 41.13% since June 14, 2017 and is uptrending. It has outperformed by 28.56% the S&P500.

Analysts await Builders FirstSource, Inc. (NASDAQ:BLDR) to report earnings on August, 2. They expect $0.56 EPS, up 51.35 % or $0.19 from last year’s $0.37 per share. BLDR’s profit will be $64.20 million for 8.50 P/E if the $0.56 EPS becomes a reality. After $0.24 actual EPS reported by Builders FirstSource, Inc. for the previous quarter, Wall Street now forecasts 133.33 % EPS growth.

Stadium Capital Management Llc holds 27.38% of its portfolio in Builders FirstSource, Inc. for 3.08 million shares. Robotti Robert owns 2.08 million shares or 11.43% of their US portfolio. Moreover, Beaconlight Capital Llc has 11.29% invested in the company for 1.52 million shares. The California-based Spitfire Capital Llc has invested 6.93% in the stock. Lonestar Capital Management Llc, a California-based fund reported 950,000 shares.

Since January 1, 0001, it had 0 insider buys, and 6 sales for $9.47 million activity.

Builders FirstSource, Inc. (NASDAQ:BLDR) Ratings Coverage

Ratings analysis reveals 100% of Builders Firstsource’s analysts are positive. Out of 5 Wall Street analysts rating Builders Firstsource, 5 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $25.0 while the high is $28.0. The stock’s average target of $26.40 is 38.58% above today’s ($19.05) share price. BLDR was included in 7 notes of analysts from January 2, 2018. Seaport Global maintained the shares of BLDR in report on Tuesday, January 2 with “Buy” rating. The rating was maintained by Stifel Nicolaus on Thursday, March 1 with “Buy”. The firm earned “Buy” rating on Sunday, January 21 by Stifel Nicolaus. The company was maintained on Thursday, March 1 by FBR Capital. The company was maintained on Tuesday, January 16 by Stephens. SunTrust maintained it with “Buy” rating and $25.0 target in Friday, March 2 report. The firm has “Buy” rating by FBR Capital given on Thursday, June 7.

Builders FirstSource, Inc. (NASDAQ:BLDR) Institutional Positions Chart

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