Builders FirstSource (NYSE:BLDR) Releases Quarterly Earnings Results

Builders FirstSource (NYSE:BLDR) posted its quarterly earnings data on Thursday. The company reported $2.31 earnings per share for the quarter, topping the consensus estimate of $2.18 by $0.13, Zacks reports. Builders FirstSource had a net margin of 7.40% and a return on equity of 33.55%. The firm had revenue of $3.82 billion for the quarter, compared to analysts’ expectations of $3.90 billion. Builders FirstSource updated its FY 2025 guidance to EPS.

Builders FirstSource Stock Down 5.0 %

BLDR stock opened at $137.14 on Friday. The company has a current ratio of 1.77, a quick ratio of 1.16 and a debt-to-equity ratio of 0.83. Builders FirstSource has a 1 year low of $130.75 and a 1 year high of $214.70. The company has a fifty day simple moving average of $154.21 and a 200 day simple moving average of $170.52. The firm has a market cap of $15.78 billion, a PE ratio of 13.39, a PEG ratio of 0.81 and a beta of 2.12.

Analyst Ratings Changes

BLDR has been the topic of several research analyst reports. Benchmark lowered their price objective on shares of Builders FirstSource from $200.00 to $170.00 and set a “buy” rating on the stock in a research report on Friday. Barclays lowered their price objective on shares of Builders FirstSource from $211.00 to $188.00 and set an “overweight” rating on the stock in a research report on Thursday, January 16th. Oppenheimer reiterated an “outperform” rating and set a $225.00 price objective on shares of Builders FirstSource in a research report on Tuesday, October 29th. DA Davidson lifted their price objective on shares of Builders FirstSource from $169.00 to $175.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. Finally, Wedbush reiterated an “outperform” rating and set a $230.00 price objective on shares of Builders FirstSource in a research report on Wednesday, December 18th. Four research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $196.88.

About Builders FirstSource

Builders FirstSource, Inc, together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, floor trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products comprising intricate mouldings, stair parts, and columns under the Synboard brand name.