Are Things Looking Up For Builders Firstsource Inc (NYSE: BLDR)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted Builders FirstSource to Host Fourth Quarter and Full Year 2023 Financial Results Conference Call and Webcast.

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Stocks Info

The company is listed on the NYSE and operates within the Building Products & Equipment industry segment. At the end of the last regular session, the stock closed at $178.02 and fluctuated between $178.66 as its day high and $174.10 as its day low. The current market capitalization of Builders Firstsource Inc is $21.96B. A total of 1.66 million shares were traded on the day, compared to an average of 1.96M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, BLDR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 53 BUYs and 38 SELLs from insiders. Insiders purchased 278,044 shares during that period but sold 151,345.

In the most recent transaction, FARMER MICHAEL ALAN sold 3,318 shares of BLDR for 145.64 per share on Dec 07. After the transaction, the President – Commercial Ops now owns 60,660 company shares. In a previous transaction on Aug 15, Hiller Michael sold 1,397 shares at 151.96 per share. BLDR shares that President – Central Division owns now total 31,495.

Among the insiders who sold shares, Hiller Michael disposed of 5,965 shares on Aug 14 at a per-share price of $147.91. This resulted in the President – Central Division holding 32,892 shares of BLDR after the transaction. In another insider transaction, Johnson Timothy D sold 5,000 shares at $151.69 per share on Aug 07. Company shares held by the EVP & General Counsel now total 65,748.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for BLDR in the last 3 months, the mean price target is $178.12 with high estimates of $220.00 and low estimates of $137.00. In terms of 52-week highs and lows, BLDR has a high of $172.55 and a low of $68.94.

As of this writing, BLDR has an earnings estimate of $2.54 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $2.85 per share and a lower estimate of $2.08. The company reported an EPS of $3.89 in the last quarter, which was 55.00% higher than expectations of $2.51.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. BLDR’s latest balance sheet shows that the firm has $42.60M in Cash & Short Term Investments as of fiscal 2021. There were $3.40B in debt and $2.13B in liabilities at the time. Its Book Value Per Share was $37.12, while its Total Shareholder’s Equity was $4.80B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BLDR is Buy with a score of 4.31.

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