Builders Firstsource Inc (BLDR) Stock: A Review of the Recent Movement

The stock of Builders Firstsource Inc (BLDR) has gone up by 13.41% for the week, with a 20.33% rise in the past month and a 29.32% rise in the past quarter. The volatility ratio for the week is 3.76%, and the volatility levels for the past 30 days are 3.34% for BLDR. The simple moving average for the past 20 days is 12.63% for BLDR’s stock, with a 13.92% simple moving average for the past 200 days.

Is It Worth Investing in Builders Firstsource Inc (NYSE: BLDR) Right Now?

The price-to-earnings ratio for Builders Firstsource Inc (NYSE: BLDR) is 17.03x, which is above its average ratio. Moreover, the 36-month beta value for BLDR is 2.06. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 4 as “overweight,” 2 as “hold,” and 0 as “sell.”

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The public float for BLDR is 114.08M and currently, short sellers hold a 3.17% of that float. On September 18, 2024, BLDR’s average trading volume was 1.78M shares.

BLDR) stock’s latest price update

Builders Firstsource Inc (NYSE: BLDR) has seen a rise in its stock price by 3.33 in relation to its previous close of 187.65. However, the company has experienced a 13.41% gain in its stock price over the last five trading sessions. zacks.com reported 2024-09-17 that Builders FirstSource (BLDR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock’s prospects.

Analysts’ Opinion of BLDR

Many brokerage firms have already submitted their reports for BLDR stocks, with Truist repeating the rating for BLDR by listing it as a “Buy.” The predicted price for BLDR in the upcoming period, according to Truist is $220 based on the research report published on September 16, 2024 of the current year 2024.

Robert W. Baird, on the other hand, stated in their research note that they expect to see BLDR reach a price target of $190, previously predicting the price at $185. The rating they have provided for BLDR stocks is “Outperform” according to the report published on August 07th, 2024.

BofA Securities gave a rating of “Neutral” to BLDR, setting the target price at $180 in the report published on August 02nd of the current year.

BLDR Trading at 19.25% from the 50-Day Moving Average

After a stumble in the market that brought BLDR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.69% of loss for the given period.

Volatility was left at 3.34%, however, over the last 30 days, the volatility rate increased by 3.76%, as shares surge +18.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +44.17% upper at present.

During the last 5 trading sessions, BLDR rose by +13.41%, which changed the moving average for the period of 200-days by +43.74% in comparison to the 20-day moving average, which settled at $173.68. In addition, Builders Firstsource Inc saw 16.14% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at BLDR starting from Steinke Craig Arthur, who sale 30,000 shares at the price of $153.68 back on Aug 08 ’24. After this action, Steinke Craig Arthur now owns 95,333 shares of Builders Firstsource Inc, valued at $4,610,400 using the latest closing price.

Steinke Craig Arthur, the Director of Builders Firstsource Inc, proposed sale 30,000 shares at $153.68 during a trade that took place back on Aug 08 ’24, which means that Steinke Craig Arthur is holding shares at $4,610,379 based on the most recent closing price.

Stock Fundamentals for BLDR

Current profitability levels for the company are sitting at:

  • 0.12 for the present operating margin
  • 0.34 for the gross margin

The net margin for Builders Firstsource Inc stands at 0.08. The total capital return value is set at 0.23. Equity return is now at value 32.50, with 13.10 for asset returns.

Based on Builders Firstsource Inc (BLDR), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.52. The debt to equity ratio resting at 0.91. The interest coverage ratio of the stock is 10.11.

Currently, EBITDA for the company is 2.73 billion with net debt to EBITDA at 1.67. When we switch over and look at the enterprise to sales, we see a ratio of 1.58. The receivables turnover for the company is 8.66for trailing twelve months and the total asset turnover is 1.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.83.

Conclusion

To wrap up, the performance of Builders Firstsource Inc (BLDR) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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