Builders FirstSource, Inc. (NASDAQ:BLDR) registered a -4.57% decrease, still its new closing price is 67.08% up from the company’s 1 year high of 14.09.It posted 0.65% gains in previous 5 sessions and is now the subject of 2 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 7 buy or better ratings. The 10 stock analysts following this company have an average price target at $14.28, with individual PT in the $10.50-$18.00 range. The shares moved at $10.86, implying that brokerage firms see shares gaining about 35.24% in twelve months time.
Builders FirstSource, Inc. (BLDR) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -1.00% fall year to date. A CEO at Builders FirstSource, Inc. (BLDR) offloaded shares in a transaction closed on Thursday November 17, 2016. SHERMAN FLOYD F sold 12,403 shares in the company at $11.26 each and collected $139,001 in proceeds. SHERMAN FLOYD F now owns 641,807 shares in the company after this transaction. A SVP & General Counsel in the company, MCALEENAN DONALD F, disclosed a transaction on Friday August 19, 2016 that ended up generating $879,000 from the sale of 70,000 shares at $12.56 per share.
Builders FirstSource, Inc. (NASDAQ:BLDR) Upcoming Results on Tap
Builders FirstSource, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.37 in that period. Sales during the quarter are predicted to arrive at $1.43 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.75 billion in revenue and EPS of $0.61. The mean forecast was for $1.79 billion and $0.38 a share, respectively. One quarter earlier, revenue for the stock was at $1.68 billion, with earnings at $0.31/share.
Builders FirstSource, Inc. (BLDR) Brokerage Update
Builders FirstSource, Inc. (BLDR) is in Gabelli & Co’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Hold by Gabelli & Co, according to news reported on Monday April 28, 2014.Another important research note was issued by Deutsche Bank on Monday March 31, 2014.The firm upgraded BLDR to Buy from Hold. Over the last six months and over the last three months, the shares of Builders FirstSource, Inc. (BLDR), have changed -15.75% and 11.61%, respectively.