Recent exceptional negative changes in investment behavior have affected Builders FirstSource Inc (NYSE: BLDR): the stock’s recent price decline challenged its longer term uptrend, and negative upside/downside volume developed.
Builders FirstSource Inc (NYSE: BLDR) suffers from significant negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, BLDR is expected to continue to be a major Value Builder.
Builders FirstSource has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Builders FirstSource has a good Appreciation Score of 78 and a very high Power Rating of 90, resulting in the Highest Value Trend Rating.
Recent Price Action
On 6/11/24, Builders FirstSource Inc (NYSE: BLDR) stock declined by -2.4%, closing at $143.48. However, this decline was accompanied by below average trading volume at 74% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -5.7% during the last week.
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