Builders FirstSource (BLDR) to Release Earnings on Thursday

Builders FirstSource (NYSE:BLDR) is projected to release its earnings data before the market opens on Thursday, February 20th. Analysts expect Builders FirstSource to post earnings of $2.18 per share and revenue of $3.90 billion for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Builders FirstSource Trading Up 0.9 %

NYSE BLDR opened at $153.90 on Tuesday. 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 stock has a 50-day moving average of $156.33 and a 200-day moving average of $171.01. The firm has a market cap of $17.71 billion, a PE ratio of 15.03, a price-to-earnings-growth ratio of 0.89 and a beta of 2.12.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on BLDR shares. Raymond James started coverage on Builders FirstSource in a research note on Friday, January 17th. They issued an “outperform” rating and a $180.00 target price for the company. UBS Group began coverage on shares of Builders FirstSource in a report on Friday, October 25th. They set a “buy” rating and a $232.00 target price for the company. Stifel Nicolaus restated a “buy” rating and issued a $175.00 price target on shares of Builders FirstSource in a research note on Wednesday, January 8th. Stephens lifted their price objective on Builders FirstSource from $178.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Finally, Royal Bank of Canada lifted their price target on Builders FirstSource from $178.00 to $187.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 6th. Four investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Builders FirstSource currently has a consensus rating of “Moderate Buy” and an average target price of $205.71.

Builders FirstSource Company Profile

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.