Builders FirstSource (BLDR) Expected to Announce Earnings on Thursday

Builders FirstSource (NYSE:BLDR) is expected to be releasing 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. Parties that are interested in participating in the company’s conference call can do so using this link.

Builders FirstSource Trading Up 0.9 %

NYSE BLDR opened at $153.90 on Tuesday. The company’s 50-day simple moving average is $156.33 and its two-hundred day simple moving average is $171.01. Builders FirstSource has a one year low of $130.75 and a one year high of $214.70. The company has a market capitalization of $17.71 billion, a price-to-earnings ratio of 15.03, a price-to-earnings-growth ratio of 0.89 and a beta of 2.12. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.16 and a current ratio of 1.77.

Analyst Upgrades and Downgrades

BLDR has been the subject of a number of analyst reports. Stephens upped their target price on Builders FirstSource from $178.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Raymond James assumed coverage on Builders FirstSource in a research report on Friday, January 17th. They set an “outperform” rating and a $180.00 price objective on the stock. Oppenheimer reiterated an “outperform” rating and issued a $225.00 target price on shares of Builders FirstSource in a report on Tuesday, October 29th. StockNews.com downgraded shares of Builders FirstSource from a “buy” rating to a “hold” rating in a research report on Monday, January 13th. Finally, DA Davidson increased their target price on shares of Builders FirstSource from $169.00 to $175.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. Four research 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, the company has a consensus rating of “Moderate Buy” and an average price target 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.