Builders Firstsource Inc [NYSE: BLDR] stock went on a downward path that fall over -19.05% on Tuesday, amounting to a one-week price decrease of less than -11.05%.
Over the last 12 months, BLDR stock rose by 46.18%. The one-year Builders Firstsource Inc stock forecast points to a potential upside of 24.56. The average equity rating for BLDR stock is currently 1.69, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $19.84 billion, with 121.86 million shares outstanding and 119.11 million shares in the current float. Compared to the average trading volume of 1.27M shares, BLDR stock reached a trading volume of 8052688 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Builders Firstsource Inc [BLDR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BLDR shares is $215.57 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BLDR stock is a recommendation set at 1.69. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA Securities have made an estimate for Builders Firstsource Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 29, 2024. While these analysts kept the previous recommendation, Oppenheimer raised their target price to Outperform. The new note on the price target was released on January 19, 2024, representing the official price target for Builders Firstsource Inc stock. Previously, the target price had yet another raise from $165 to $185, while Truist kept a Hold rating on BLDR stock. On December 06, 2023, analysts increased their price target for BLDR shares from 128 to 177.
The Average True Range (ATR) for Builders Firstsource Inc is set at 9.46, with the Price to Sales ratio for BLDR stock in the period of the last 12 months amounting to 1.16. The Price to Book ratio for the last quarter was 4.00, with the Price to Cash per share for the same quarter was set at 5.72. Price to Free Cash Flow for BLDR in the course of the last twelve months was 13.17 with Quick ratio for the last quarter at 1.45.
BLDR Stock Performance Analysis:
Builders Firstsource Inc [BLDR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.05. With this latest performance, BLDR shares dropped by -18.89% in over the last four-week period, additionally plugging by 28.26% over the last 6 months – not to mention a rise of 46.18% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BLDR stock in for the last two-week period is set at 33.40, with the RSI for the last a single of trading hit 29.99, and the three-weeks RSI is set at 36.41 for Builders Firstsource Inc [BLDR]. The present Moving Average for the last 50 days of trading for this stock 194.76, while it was recorded at 186.49 for the last single week of trading, and 157.55 for the last 200 days.
Insight into Builders Firstsource Inc Fundamentals:
Builders Firstsource Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.45 and a Current Ratio set at 2.21.
BLDR Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BLDR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Builders Firstsource Inc go to -12.30%.
Builders Firstsource Inc [BLDR] Institutonal Ownership Details
The top three institutional holders of BLDR stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in BLDR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in BLDR stock with ownership which is approximately 5.8386%.
