For its second fiscal quarter (ending June 30), Builders FirstSource Inc (NYSE: BLDR) has reported a -9% decline in E.P.S. from $3.19 a year ago to $2.89 in the current quarter. Relative to the consensus estimate of $3.09, this was a shortfall of $-0.20. For the latest four quarters through June 30, E.P.S. were $11.49 versus $12.98 for the same period a year ago — a decline of -11%.
Recent Price Action
On 8/6/24, Builders FirstSource Inc (NYSE: BLDR) stock enjoyed a large increase of 4.1%, closing at $155.73. Moreover, trading volume in this advance was unusually high at 191% of normal. The stock has performed in line with the market over the last nine months and has declined -7.4% 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 B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Builders FirstSource has a good Appreciation Score of 78 but a neutral Power Rating of 42, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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