Builders FirstSource (NASDAQ:BLDR) is set to release its earnings data after the market closes on Monday, February 26th. Analysts expect Builders FirstSource to post earnings of $0.17 per share for the quarter.
Shares of Builders FirstSource (NASDAQ:BLDR) opened at $20.77 on Friday. The company has a debt-to-equity ratio of 4.46, a quick ratio of 1.06 and a current ratio of 1.86. The firm has a market cap of $2,350.00, a P/E ratio of 27.33 and a beta of 2.01. Builders FirstSource has a 12 month low of $12.12 and a 12 month high of $23.28.
A number of research firms recently weighed in on BLDR. B. Riley reissued a “buy” rating on shares of Builders FirstSource in a research note on Wednesday, November 1st. BidaskClub downgraded shares of Builders FirstSource from a “buy” rating to a “hold” rating in a research note on Wednesday, February 14th. ValuEngine raised shares of Builders FirstSource from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Citigroup boosted their price target on shares of Builders FirstSource from $18.00 to $20.00 and gave the stock a “neutral” rating in a research note on Friday, November 10th. Finally, Zacks Investment Research raised shares of Builders FirstSource from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a research note on Wednesday, January 31st. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $23.41.
In related news, CFO Peter M. Jackson sold 12,500 shares of the business’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $20.51, for a total transaction of $256,375.00. Following the completion of the transaction, the chief financial officer now owns 26,587 shares in the company, valued at $545,299.37. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 14.60% of the stock is currently owned by insiders.
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About Builders FirstSource
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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