Builders FirstSource Inc (NYSE: BLDR) has reported earnings for its third fiscal quarter (ending September 30) of $2.45 versus $3.62 for the same period a year ago — a decline of -32%. E.P.S. were $10.32 for the latest four quarters through September 30 versus $11.83 for the same period a year ago — a decline of -13%.
Recent Price Action
Builders FirstSource Inc (NYSE: BLDR) stock enjoyed a large increase of 5.0% on 11/5/24. The stock closed at $180.99. Moreover, trading volume in this advance was unusually high at 157% of normal. The stock has been weak relative to the market over the last nine months and has declined -2.1% during the last week.
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 72 but a slightly negative Power Rating of 36, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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