Headlines about Builders FirstSource (NASDAQ:BLDR) have been trending somewhat positive on Saturday, Accern reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Builders FirstSource earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned news articles about the company an impact score of 47.6540847996237 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media headlines that may have effected Accern Sentiment’s analysis:
- Builders FirstSource Inc (BLDR) Triple EMA Gaining Momentum – Evergreen Caller (evergreencaller.com)
- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) and Builders FirstSource, Inc. (NasdaqGS:BLDR): Technical … – Evergreen Caller (evergreencaller.com)
- Builders FirstSource Inc (BLDR) Showing Positive Momentum in the Technicals – Evergreen Caller (evergreencaller.com)
- ETFs with exposure to Builders FirstSource, Inc. : August 11, 2017 (finance.yahoo.com)
- Q3 2017 Earnings Estimate for Builders FirstSource, Inc. (BLDR) Issued By Wedbush (wisdomsave.com)
BLDR has been the topic of a number of research reports. Zacks Investment Research upgraded Builders FirstSource from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a report on Wednesday, April 26th. FBR & Co restated a “buy” rating and issued a $20.00 price target on shares of Builders FirstSource in a report on Tuesday, June 27th. BidaskClub upgraded Builders FirstSource from a “hold” rating to a “buy” rating in a report on Wednesday, July 19th. Wedbush restated an “outperform” rating and issued a $20.00 price target (up previously from $19.00) on shares of Builders FirstSource in a report on Wednesday, May 17th. Finally, Citigroup Inc. upped their price target on Builders FirstSource from $14.00 to $17.00 and gave the stock a “neutral” rating in a report on Thursday, May 11th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $17.29.
Builders FirstSource (NASDAQ BLDR) traded up 1.18% during midday trading on Friday, hitting $16.34. The company had a trading volume of 605,814 shares. The stock has a market cap of $1.84 billion, a price-to-earnings ratio of 10.81 and a beta of 2.16. The company’s 50 day moving average is $15.72 and its 200 day moving average is $14.59. Builders FirstSource has a 12-month low of $9.04 and a 12-month high of $17.22.
Builders FirstSource (NASDAQ:BLDR) last posted its quarterly earnings data on Thursday, August 3rd. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.03. Builders FirstSource had a net margin of 2.60% and a return on equity of 43.83%. The firm had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.83 billion. During the same quarter last year, the business posted $0.31 EPS. The company’s revenue was up 9.9% on a year-over-year basis. On average, equities analysts anticipate that Builders FirstSource will post $1.12 EPS for the current fiscal year.
In related news, CEO Floyd F. Sherman sold 35,000 shares of the firm’s stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $14.91, for a total value of $521,850.00. Following the completion of the transaction, the chief executive officer now owns 633,635 shares of the company’s stock, valued at approximately $9,447,497.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 14.60% of the company’s stock.
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Builders FirstSource Company Profile
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.
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