Builders FirstSource (BLDR) Set to Announce Earnings on Monday

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.

Earnings History for Builders FirstSource (NASDAQ:BLDR)

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