Alert: Negative Investment/Fundamental Signals (9/4/24)-Builders FirstSource Inc (NYSE: BLDR)

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Notable negative changes in Builders FirstSource Inc (NYSE: BLDR) fundamentals have recently occurred: the stock’s power rating fell below 50, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.

Builders FirstSource Inc (NYSE: BLDR). Important negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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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 31, leading to the Neutral Value Trend Rating.

Recent Price Action

Builders FirstSource Inc (NYSE: BLDR) stock rose slightly by 0.1% on 9/4/24. The stock closed at $168.88. This advance was accompanied by normal trading volume. The stock has been weak relative to the market over the last nine months and has declined -4.3% during the last week.

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