Zacks.com users have recently been watching Builders FirstSource (BLDR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The latest trading day saw Builders FirstSource (BLDR) settling at $107.98, representing a -3.34% change from its previous close.
Builders FirstSource (BLDR) concluded the recent trading session at $114.36, signifying a -2.53% move from its prior day's close.
Zacks.com users have recently been watching Builders FirstSource (BLDR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Recently, Zacks.com users have been paying close attention to Builders FirstSource (BLDR). This makes it worthwhile to examine what the stock has in store.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Maybe it's the 12.6% rebound recovery over the past month. Maybe it's the fact that the first-quarter earnings reporting season is winding down.
Zacks.com users have recently been watching Builders FirstSource (BLDR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
I downgraded Builders FirstSource to a sell due to disappointing 1Q25 performance, organic sales declines, and significant margin compression. Multifamily segment remains a major weakness, with a 32.7% y/y organic sales drop and no near-term recovery expected. The single-family market struggles under affordability pressures, with management expecting mid-single-digit declines in starts for FY25.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Builders FirstSource shares have declined 40% due to weak residential construction and macro uncertainty, leading to a “hold” rating despite a better valuation. Q1 results showed a 43% drop in adjusted EPS and a 14% decline in gross profit, with significant margin compression and sales down 5%. The company's balance sheet has weakened from a very strong place due to $828 million in M&A and $391 million in April buybacks, raising net leverage to 2x.
Zacks.com users have recently been watching Builders FirstSource (BLDR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.