Builders FirstSource, Inc. $BLDR Shares Newly Purchased by Everest Financial Group LLC

Everest Financial Group LLC purchased a new stake in shares of Builders FirstSource, Inc. (NYSE:BLDR) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 9,136 shares of the company’s stock, valued at approximately $521,000.

Other institutional investors have also recently made changes to their positions in the company. Eurizon Capital SGR S.p.A. raised its holdings in Builders FirstSource by 27,467.0% in the 3rd quarter. Eurizon Capital SGR S.p.A. now owns 734,384 shares of the company’s stock worth $41,867,000 after purchasing an additional 731,720 shares during the period. Werba Rubin Papier Wealth Management bought a new stake in Builders FirstSource during the third quarter valued at about $217,000. Van Strum & Towne Inc. bought a new stake in Builders FirstSource during the third quarter valued at about $546,000. CENTRAL TRUST Co grew its holdings in Builders FirstSource by 5,263.4% during the third quarter. CENTRAL TRUST Co now owns 26,817 shares of the company’s stock valued at $1,529,000 after purchasing an additional 26,317 shares during the period. Finally, Paradigm Asset Management Co. LLC purchased a new stake in Builders FirstSource in the third quarter worth about $835,000. Institutional investors own 95.53% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on BLDR shares. Wells Fargo & Company boosted their price objective on Builders FirstSource from $55.00 to $58.00 and gave the company an “equal weight” rating in a research note on Friday, October 30th. Stifel Nicolaus raised their target price on shares of Builders FirstSource from $55.00 to $58.00 and gave the stock a “hold” rating in a research note on Monday, November 2nd. William Blair downgraded shares of Builders FirstSource from an “outperform” rating to a “market perform” rating in a report on Thursday, October 22nd. Deutsche Bank set a $66.00 price target on shares of Builders FirstSource in a report on Friday, July 31st. Finally, Robert W. Baird set a $75.00 price target on shares of Builders FirstSource in a research report on Friday, July 31st. Seven analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $75.55.

Builders FirstSource Trading Up 0.7%

BLDR stock opened at $60.54 on Friday. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.85 and a quick ratio of 1.14. Builders FirstSource, Inc. has a 1-year low of $49.67 and a 1-year high of $131.50. The business has a 50 day simple moving average of $58.69 and a two-hundred day simple moving average of $77.72. The company has a market capitalization of $6.51 billion, a price-to-earnings ratio of 163.63, a PEG ratio of 1.60 and a beta of 1.41.

Builders FirstSource (NYSE:BLDR) last released its quarterly earnings data on Thursday, October 29th. The company reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.45. Builders FirstSource had a net margin of 0.28% and a return on equity of 10.77%. The firm had revenue of $3.85 billion for the quarter, compared to analysts’ expectations of $3.75 billion. During the same quarter last year, the business posted $1.88 earnings per share. The company’s revenue for the quarter was down 2.2% compared to the same quarter last year. Research analysts anticipate that Builders FirstSource, Inc. will post 3.85 EPS for the current fiscal year.

Builders FirstSource Company Profile

Builders FirstSource, Inc. supplies building materials and construction services to professional homebuilders, remodelers and contractors in the United States. The company serves customers through a network of locations across the country. Its offerings include lumber, windows, doors, roofing and other building products, as well as manufactured components such as roof and floor trusses, wall panels and stairs. Builders FirstSource also provides services including design support, component manufacturing and jobsite delivery.