Stock Rating Downgrade
The Value Trend Rating for Builders FirstSource Inc (NYSE: BLDR) weakened of late from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Builders FirstSource Inc (NYSE: BLDR) stock closed at $155.51 on 8/9/24 after an increase of 1.5%. However, trading volume in this advance was unusually low at 51% of normal. The stock has declined -2.5% during the last week and has been weak relative to the market over the last nine months.
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 C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Builders FirstSource has a good Appreciation Score of 75 but a slightly negative Power Rating of 37, triggering the Neutral Value Trend Rating.
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