Media headlines about Builders FirstSource (NASDAQ:BLDR) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Builders FirstSource earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the company an impact score of 47.339702005106 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
- Comparable Company Analysis: Abraxas Petroleum Corporation (AXAS), Builders FirstSource, Inc. (BLDR) – AllStockNews (allstocknews.com)
- Builders FirstSource Inc (BLDR) and VanEck Vectors JP Morgan EM Local Currency Bd ETF (EMLC) Shares Moving … – Evergreen Caller (evergreencaller.com)
- Builders FirstSource, Inc. (BLDR) and Continental Building Products, Inc. (CBPX) Go Head-to-head – StockNewsGazette (stocknewsgazette.com)
- 7561 Shares Of Builders FirstSource, Inc. (BLDR) bought By GRIFFIN ROBERT C – Economic News (economicsandmoney.com)
- Reading the Tea Leaves for Builders FirstSource, Inc. (BLDR … – Economic News (economicsandmoney.com)
Several analysts recently commented on BLDR shares. Zacks Investment Research lowered Builders FirstSource from a “buy” rating to a “hold” rating in a report on Monday, April 24th. Citigroup Inc. lifted their price objective on Builders FirstSource from $14.00 to $17.00 and gave the stock a “neutral” rating in a report on Thursday, May 11th. BidaskClub raised Builders FirstSource from a “hold” rating to a “buy” rating in a report on Wednesday, July 19th. Wedbush reaffirmed an “outperform” rating and issued a $20.00 price objective (up previously from $19.00) on shares of Builders FirstSource in a report on Wednesday, May 17th. Finally, FBR & Co reaffirmed a “buy” rating and issued a $20.00 price objective on shares of Builders FirstSource in a report on Tuesday, June 27th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $17.29.
Builders FirstSource (BLDR) traded down 1.64% during mid-day trading on Friday, reaching $15.56. The company’s stock had a trading volume of 272,005 shares. Builders FirstSource has a one year low of $9.04 and a one year high of $17.22. The company has a market capitalization of $1.75 billion, a price-to-earnings ratio of 10.30 and a beta of 2.16. The stock has a 50-day moving average price of $15.85 and a 200-day moving average price of $14.72.
Builders FirstSource (NASDAQ:BLDR) last announced its quarterly earnings results on Thursday, August 3rd. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.03. The company had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.83 billion. Builders FirstSource had a return on equity of 43.83% and a net margin of 2.60%. The firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period last year, the firm earned $0.31 EPS. Equities research analysts forecast that Builders FirstSource will post $1.12 EPS for the current year.
In other news, CEO Floyd F. Sherman sold 35,000 shares of the firm’s stock in a transaction dated Friday, June 9th. The stock was sold at an average price of $14.91, for a total transaction of $521,850.00. Following the sale, the chief executive officer now directly owns 633,635 shares in the company, valued at approximately $9,447,497.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 14.60% of the stock is currently owned by company insiders.
About Builders FirstSource
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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