Ultime notizie per Builders FirstSource (NYSE:BLDR) Azioni

Builders FirstSource

Builders FirstSource Inc is a manufacturer and supplier of building materials. The company offers structural and related building products such as factory-built roof and floor trusses, wall panels and stairs, vinyl windows, custom millwork and trim, and engineered wood. The products can be designed for each home individually and are installed by Builders FirstSource. The company's construction-related services include professional installation, turn-key framing, and shell construction. Builders FirstSource's customers range from large production builders to small custom homebuilders.

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Builders FirstSource Inc

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Industrials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$10.00</td>
<td>$37.9K</td>
<td>34.8K</td>
<td>1.3K</td>
</tr>
<tr>
<td>BA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$250.00</td>
<td>$40.9K</td>
<td>1.4K</td>
<td>1.2K</td>
</tr>
<tr>
<td>LMT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$615.00</td>
<td>$45.8K</td>
<td>315</td>
<td>552</td>
</tr>
<tr>
<td>NXT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$40.00</td>
<td>$35.2K</td>
<td>5.1K</td>
<td>413</td>
</tr>
<tr>
<td>MMM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$145.00</td>
<td>$34.2K</td>
<td>346</td>
<td>349</td>
</tr>
<tr>
<td>AVAV</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$290.00</td>
<td>$139.9K</td>
<td>0</td>
<td>179</td>
</tr>
<tr>
<td>LHX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$260.00</td>
<td>$37.6K</td>
<td>1.3K</td>
<td>72</td>
</tr>
<tr>
<td>BLDR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$170.00</td>
<td>$37.4K</td>
<td>79</td>
<td>61</td>
</tr>
<tr>
<td>SAVE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$7.50</td>
<td>$28.6K</td>
<td>9.5K</td>
<td>52</td>
</tr>
<tr>
<td>FTAI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$145.00</td>
<td>$31.1K</td>
<td>0</td>
<td>33</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding AAL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>), we observe a put option sweep with bearish sentiment. It expires in 472 day(s) on January 16, 2026. Parties traded 253 contract(s) at a $10.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $37.9K, with a price of $150.0 per contract. There were 34817 open contracts at this strike prior to today, and today 1355 contract(s) were bought and sold. 
• For BA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), we notice a call option trade that happens to be bearish, expiring in 262 day(s) on June 20, 2025. This event was a transfer of 200 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $40.9K, with a price of $205.0 per contract. There were 1483 open contracts at this strike prior to today, and today 1211 contract(s) were bought and sold. 
• Regarding LMT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>), we observe a call option sweep with bullish sentiment. It expires in 17 day(s) on October 18, 2024. Parties traded 56 contract(s) at a $615.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $45.8K, with a price of $820.0 per contract. There were 315 open contracts at this strike prior to today, and today 552 contract(s) were bought and sold. 
• Regarding NXT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXT#NASDAQ">NXT</a>), we observe a call option sweep with bullish sentiment. It expires in 17 day(s) on October 18, 2024. Parties traded 294 contract(s) at a $40.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $35.2K, with a price of $125.0 per contract. There were 5145 open contracts at this strike prior to today, and today 413 contract(s) were bought and sold. 
• For MMM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>), we notice a put option sweep that happens to be bullish, expiring in 45 day(s) on November 15, 2024. This event was a transfer of 31 contract(s) at a $145.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $34.2K, with a price of $1108.0 per contract. There were 346 open contracts at this strike prior to today, and today 349 contract(s) were bought and sold. 
• Regarding AVAV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVAV#NASDAQ">AVAV</a>), we observe a call option sweep with bullish sentiment. It expires in 171 day(s) on March 21, 2025. Parties traded 171 contract(s) at a $290.00 strike. This particular call needed to be split into 48 different trades to become filled. The total cost received by the writing party (or parties) was $139.9K, with a price of $820.0 per contract. There were 0 open contracts at this strike prior to today, and today 179 contract(s) were bought and sold. 
• For LHX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>), we notice a call option sweep that happens to be bullish, expiring in 80 day(s) on December 20, 2024. This event was a transfer of 71 contract(s) at a $260.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $37.6K, with a price of $530.0 per contract. There were 1344 open contracts at this strike prior to today, and today 72 contract(s) were bought and sold. 
• For BLDR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>), we notice a put option trade that happens to be bullish, expiring in 108 day(s) on January 17, 2025. This event was a transfer of 52 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $37.4K, with a price of $720.0 per contract. There were 79 open contracts at this strike prior to today, and today 61 contract(s) were bought and sold. 
• Regarding SAVE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NYSE">SAVE</a>), we observe a put option sweep with bullish sentiment. It expires in 108 day(s) on January 17, 2025. Parties traded 52 contract(s) at a $7.50 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $28.6K, with a price of $550.0 per contract. There were 9515 open contracts at this strike prior to today, and today 52 contract(s) were bought and sold. 
• For FTAI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>), we notice a put option trade that happens to be bullish, expiring in 262 day(s) on June 20, 2025. This event was a transfer of 11 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $31.1K, with a price of $2830.0 per contract. There were 0 open contracts at this strike prior to today, and today 33 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AVAV

FTAI

SAVE

10 Industrials Stocks With Whale Alerts In Today's Session

Builders FirstSource (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>) has outperformed the market over the past 10 years by 31.64% on an annualized basis producing an average annual return of 42.88%. Currently, Builders FirstSource has a market capitalization of $22.48 billion. 
Buying $1000 In BLDR: If an investor had bought $1000 of BLDR stock 10 years ago, it would be worth $34,093.65 today based on a price of $193.01 for BLDR at the time of writing.
<h3>Builders FirstSource's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727274624_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

$1000 Invested In Builders FirstSource 10 Years Ago Would Be Worth This Much Today

In the last three months, 17 analysts have published ratings on Builders FirstSource (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>), offering a diverse range of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $197.53, along with a high estimate of $230.00 and a low estimate of $175.00. Experiencing a 0.94% decline, the current average is now lower than the previous average price target of $199.41. 
<img src="https://www.benzinga.com/files/images/story/2024/1726840947_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The standing of Builders FirstSource among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jeffrey Stevenson</td>
<td>Loop Capital</td>
<td>Raises</td>
<td>Buy</td>
<td>$230.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>Rafe Jasrosich</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$198.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Tyler Batory</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$225.00</td>
<td>$205.00</td>
</tr>
<tr>
<td>Keith Hughes</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$220.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Tyler Batory</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$205.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>Collin Verron</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$185.00</td>
<td>$205.00</td>
</tr>
<tr>
<td>Stanley Elliott</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$195.00</td>
<td>$217.00</td>
</tr>
<tr>
<td>Tyler Batory</td>
<td>Oppenheimer</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$190.00</td>
<td>$230.00</td>
</tr>
<tr>
<td>Reuben Garner</td>
<td>Benchmark</td>
<td>Lowers</td>
<td>Buy</td>
<td>$200.00</td>
<td>$220.00</td>
</tr>
<tr>
<td>Matthew Bouley</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$182.00</td>
<td>$188.00</td>
</tr>
<tr>
<td>Alex Rygiel</td>
<td>B. Riley Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$187.00</td>
<td>$197.00</td>
</tr>
<tr>
<td>Mike Dahl</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$178.00</td>
<td>$193.00</td>
</tr>
<tr>
<td>David Manthey</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$190.00</td>
<td>$185.00</td>
</tr>
<tr>
<td>Rafe Jasrosich</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$180.00</td>
<td>$183.00</td>
</tr>
<tr>
<td>Tyler Batory</td>
<td>Oppenheimer</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$230.00</td>
<td>$242.00</td>
</tr>
<tr>
<td>Matthew Bouley</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$188.00</td>
<td>$200.00</td>
</tr>
<tr>
<td>Jay McCanless</td>
<td>Wedbush</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$175.00</td>
<td>$215.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Builders FirstSource. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Builders FirstSource compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Builders FirstSource's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/BLDR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Builders FirstSource analyst ratings.</a>
<h2>All You Need to Know About Builders FirstSource</h2>
Builders FirstSource Inc is a manufacturer and supplier of building materials. The company offers structural and related building products such as factory-built roof and floor trusses, wall panels and stairs, vinyl windows, custom millwork and trim, and engineered wood. The products can be designed for each home individually and are installed by Builders FirstSource. The company's construction-related services include professional installation, turn-key framing, and shell construction. Builders FirstSource's customers range from large production builders to small custom homebuilders.
<h3>Builders FirstSource: A Financial Overview</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Builders FirstSource's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -1.6%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Builders FirstSource's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 7.72%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Builders FirstSource's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 7.43%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Builders FirstSource's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 3.14%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Builders FirstSource's debt-to-equity ratio is below the industry average. With a ratio of 1.01, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

17 Analysts Assess Builders FirstSource: What You Need To Know

Loop Capital analyst Jeffrey Stevenson maintains Builders FirstSource (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>) with a Buy and raises the price target from $190 to $230.

Price Target

Loop Capital Maintains Buy on Builders FirstSource, Raises Price Target to $230

Builders FirstSource, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>) shares are trading higher on Thursday. The company appointed Peter Jackson as its next President and CEO and <a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/b40935211/builders-firstsource-announces-planned-ceo-and-cfo-transition" rel="noreferrer noopener">Pete Beckmann As CFO, effective November 6, 2024.</a>
Jackson, who is the current CFO, will succeed current CEO Dave Rush, who is retiring after 25 years of service.
Rush will remain on the Board of Directors and serve as a special advisor to ensure a smooth transition.
On the other hand, Pete Beckmann, currently Senior Vice President of Financial Planning &amp; Analysis at Builders FirstSource, will succeed Peter Jackson as CFO.
Beckmann, who has been with Builders FirstSource and its predecessor companies since 1999, has held various finance roles, including leading reporting, forecasting, strategic planning, and capital investment analysis.
Paul Levy, Chair of the Board of Directors, said, &#8220;Peter&#8217;s appointment as the Company&#8217;s next CEO underscores the Board&#8217;s steadfast commitment to excellence in our leadership team, and is the result of a thoughtful succession planning process.&#8221;
&#8220;Peter is a dynamic and innovative leader who has had wide-ranging impact on Builders FirstSource. He brings a strategic, operational, and finance-oriented mindset to his new role, as well as a deep understanding of our history, mission and strategy.&#8221;
Last month, the company&nbsp;reported second-quarter adjusted earnings per share of $3.50,&nbsp;beating the street view of $3.02, and sales of $4.456 billion <a target="_blank" href="https://www.benzinga.com/news/earnings/24/08/40197700/builders-firstsource-q2-eps-beat-lower-sales-and-1b-stock-buyback-more" rel="noreferrer noopener">missed&nbsp;the street view of $4.483 billion</a>.
As of June-end, liquidity was approximately $1.7 billion, consisting of $1.6 billion in net borrowing availability under the revolving credit facility and $0.1 billion cash on hand.
Investors can gain exposure to the stock via&nbsp;Themes US Small Cap Cash Flow Champions ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCF#NASDAQ">SMCF</a>) and Argent Mid Cap ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMID#NASDAQ">AMID</a>).
Price Action: BLDR shares are up 3.09% at $200.53 at the last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40882613/builders-first-source-other-homebuilder-stocks-rise-with-catalysts-such-as-mortgage" target="_blank" rel="noreferrer noopener">Builders First Source, Other Homebuilder Stocks Rise With Catalysts Such As Mortgage Rates, The Fed, Kamala Harris Plan</a></li>
</ul>

Large Cap

Management

Movers

AMID

SMCF

Builders FirstSource Taps CFO Peter Jackson For Top Role As CEO Dave Rush Plans Retirement

WIIM

GRBK

LGIH

LOVE

LSEA

ROCK

TMHC

Shares of housing-related stocks are trading higher after the Fed policy decision to cut rates by 50 basis points, which could help curb housing unaffordability and increase demand.

B of A Securities analyst Rafe Jasrosich maintains Builders FirstSource (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>) with a Neutral and raises the price target from $165 to $198.

B of A Securities Maintains Neutral on Builders FirstSource, Raises Price Target to $198

Builders FirstSource shares are trading higher. The company appointed Peter Jackson as its next President and CEO and Pete Beckmann As CFO.

Builders FirstSource Names Pete Beckmann To Succeed Peter Jackson As CFO

Jackson will succeed Dave Rush, who has served as CEO since November 2022 and is retiring after 25 years of dedicated service to the Company. Rush will remain on the Builders FirstSource Board of Directors and continue as a special advisor to ensure a smooth transition.

Builders FirstSource Names CFO Peter Jackson As Its Next President & CEO And Member Of Its Board Of Directors, Effective November 6, 2024

Oppenheimer analyst Tyler Batory maintains Builders FirstSource (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>) with a Outperform and raises the price target from $205 to $225.

Oppenheimer Maintains Outperform on Builders FirstSource, Raises Price Target to $225

Homebuilder stocks are <a href="https://www.benzinga.com/top-stories/24/08/40637013/homebuyers-turn-screws-on-builders-as-mortgage-rates-are-telegraphed-to-fall">on the rise </a>as the Federal Reserve is expected to cut rates later this week, mortgage rates are on the decline and Democratic presidential candidate, Vice President Kamala Harris, proposes a homeownership plan that involves building three million new homes.
The Fed is expected to lower its key interest rate by either <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40878710/investors-bet-on-50-basis-point-rate-cut-wall-street-analysts-urge-caution-this-is-">25 or 50 basis points </a>when it meets on Wednesday after holding back on doing so at its last meeting in July.
Mortgage rates have fallen to their lowest in <a href="https://www.benzinga.com/markets/24/09/40817001/mortgage-rates-fall-to-lowest-level-since-february-2023">more than 18 months</a>, according to the&nbsp;Mortgage Bankers Association&nbsp;(MBA). 
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.29 percent from 6.43 percent, marking several consecutive weeks of declining rates.
If elected president in November, Harris plans to launch a $25,000 credit for first-time homebuyers on buying a new home and an initiative to <a href="https://www.benzinga.com/trading-ideas/previews/24/08/40447261/toll-brothers-q3-earnings-preview-will-kamala-harris-3-million-homes-plan-boost-homebuilde">build three million new homes </a>in four years.
Truist Securities has raised its rating on Builders First Source, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>) from Hold to Buy and its price target from $165 to $220.
Read Also: <a href="https://www.benzinga.com/news/24/08/40507329/toll-brothers-to-rally-around-19-here-are-10-top-analyst-forecasts-for-thursday">Toll Brothers To Rally Around 19%? Here Are 10 Top Analyst Forecasts For Thursday</a>
Analyst Keith Hughes noted reduced mortgage rates and lower lumber prices in the short term and, in the long term, an upswing in multifamily housing construction and Builders&#8217; ability to offer value-added products and digital offerings due to its large size.
Also, many homeowners who locked in rates as low as 3% and 4% over the past two years are holding onto their homes instead of selling, increasing demand for new homes.
&#8220;Given the continued limited inventory, we believe this will continue for several more years with new homes taking an even greater share of the market,&#8221; he wrote in a note on Monday. &#8220;This is a notable catalyst for home builders and their suppliers such as BLDR.&#8221;
Price Action: Homebuilders have seen gains and losses into Monday&#8217;s early trading but have risen significantly over the past week.
<ul>
<li>Builders First Source was up 3.61% to $189.88 on Monday morning, posting a 12% gain since Tuesday.</li>
<li>Toll Brothers, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) slipped 0.51% to $149.04 on Monday morning but has gained 6.1% since Tuesday.</li>
<li>M/I Homes, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MHO#NYSE">MHO</a>) declined 0.1% to $166.32 on Monday but has risen 5.6% since Tuesday.</li>
<li>Green Brick Partners, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRBK#NYSE">GRBK</a>) was up 0.70% to $79.35 on Monday, and has gone up 7% since Tuesday.</li>
</ul>
Read Now:
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<li><a href="https://www.benzinga.com/news/earnings/24/08/40511410/toll-brothers-analysts-boost-their-forecasts-after-upbeat-earnings">Toll Brothers Analysts Boost Their Forecasts After Upbeat Earnings</a></li>
</ul>
Photo: Shutterstock

Analyst Color

Government

Federal Reserve

Real Estate

Builders First Source, Other Homebuilder Stocks Rise With Catalysts Such As Mortgage Rates, The Fed, Kamala Harris Plan

Builders FirstSource shares are trading higher after Truist Securities upgraded the stock from Hold to Buy and raised its price target to $220.

Truist Securities analyst Keith Hughes upgrades Builders FirstSource (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>) from Hold to Buy and raises the price target from $165 to $220.

Upgrades

Truist Securities Upgrades Builders FirstSource to Buy, Raises Price Target to $220

CORRECTION: Homebuilder Stocks Are Trading Higher

Shares of housing stocks and homebuilders are trading higher. The sector may be on watch amid a drop in yields and as investors await rate cuts.

Builders FirstSource (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>) has outperformed the market over the past 10 years by 27.31% on an annualized basis producing an average annual return of 38.0%. Currently, Builders FirstSource has a market capitalization of $19.56 billion. 
Buying $1000 In BLDR: If an investor had bought $1000 of BLDR stock 10 years ago, it would be worth $24,356.41 today based on a price of $168.00 for BLDR at the time of writing.
<h3>Builders FirstSource's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1725476417_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Builders FirstSource Stock In The Last 10 Years

ATMU

CARR

GTES

HAYW

Shares of companies in the broader industrial sector are trading lower amid overall market weakness. Weakness may be due to August's ISM Manufacturing PMI data indicating an economic contraction.

Throughout the last three months, 14 analysts have evaluated Builders FirstSource (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>), offering a diverse set of opinions from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $190.57, a high estimate of $230.00, and a low estimate of $175.00. Highlighting a 6.72% decrease, the current average has fallen from the previous average price target of $204.29. 
<img src="https://www.benzinga.com/files/images/story/2024/1725375611_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Builders FirstSource. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Tyler Batory</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$205.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>Collin Verron</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$185.00</td>
<td>$205.00</td>
</tr>
<tr>
<td>Stanley Elliott</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$195.00</td>
<td>$217.00</td>
</tr>
<tr>
<td>Tyler Batory</td>
<td>Oppenheimer</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$190.00</td>
<td>$230.00</td>
</tr>
<tr>
<td>Reuben Garner</td>
<td>Benchmark</td>
<td>Lowers</td>
<td>Buy</td>
<td>$200.00</td>
<td>$220.00</td>
</tr>
<tr>
<td>Matthew Bouley</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$182.00</td>
<td>$188.00</td>
</tr>
<tr>
<td>Alex Rygiel</td>
<td>B. Riley Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$187.00</td>
<td>$197.00</td>
</tr>
<tr>
<td>Mike Dahl</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$178.00</td>
<td>$193.00</td>
</tr>
<tr>
<td>David Manthey</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$190.00</td>
<td>$185.00</td>
</tr>
<tr>
<td>Rafe Jasrosich</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$180.00</td>
<td>$183.00</td>
</tr>
<tr>
<td>Tyler Batory</td>
<td>Oppenheimer</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$230.00</td>
<td>$242.00</td>
</tr>
<tr>
<td>Matthew Bouley</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$188.00</td>
<td>$200.00</td>
</tr>
<tr>
<td>Jay McCanless</td>
<td>Wedbush</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$175.00</td>
<td>$215.00</td>
</tr>
<tr>
<td>Rafe Jasrosich</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$183.00</td>
<td>$195.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Builders FirstSource. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Builders FirstSource compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Builders FirstSource's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Builders FirstSource's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/BLDR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Builders FirstSource analyst ratings.</a>
<h2>Delving into Builders FirstSource's Background</h2>
Builders FirstSource Inc is a manufacturer and supplier of building materials. The company offers structural and related building products such as factory-built roof and floor trusses, wall panels and stairs, vinyl windows, custom millwork and trim, and engineered wood. The products can be designed for each home individually and are installed by Builders FirstSource. The company's construction-related services include professional installation, turn-key framing, and shell construction. Builders FirstSource's customers range from large production builders to small custom homebuilders.
<h3>Financial Milestones: Builders FirstSource's Journey</h3>
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: Builders FirstSource's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -1.6%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Net Margin: Builders FirstSource's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 7.72%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Builders FirstSource's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 7.43%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Builders FirstSource's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 3.14%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.01, caution is advised due to increased financial risk.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Unveiling 14 Analyst Insights On Builders FirstSource

Oppenheimer analyst Tyler Batory maintains Builders FirstSource (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>) with a Outperform and raises the price target from $190 to $205.

Oppenheimer Maintains Outperform on Builders FirstSource, Raises Price Target to $205

Builders Firstsource ( ($BLDR) ) just unveiled an announcement. Builders FirstSource, Inc. has announced a significant leadership change, with Pete...

Builders Firstsource Announces Leadership Transition and Strategic Growth Focus

In a report released today, Rafe Jadrosich from Bank of America Securities maintained a Hold rating on Builders Firstsource (BLDR – Research Report...

Bank of America Securities Reaffirms Their Hold Rating on Builders Firstsource (BLDR)

In a report released today, Jeffrey Stevenson from Loop Capital Markets maintained a Buy rating on Builders Firstsource (BLDR – Research Report), w...

Loop Capital Markets Sticks to Its Buy Rating for Builders Firstsource (BLDR)

Truist Financial analyst Keith Hughes upgraded Builders Firstsource (BLDR – Research Report) to a Buy yesterday and set a price target of $220.00. ...

Builders Firstsource (BLDR) was upgraded to a Buy Rating at Truist Financial

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Press Releases

Builders FirstSource Releases 2024 Corporate Social Responsibility Report

Builders FirstSource Reports First Quarter 2024 Results and Reaffirms 2024 Guidance

Builders FirstSource® Acquires Schoeneman's Building Materials Center

NIRI Chicago Elects 2024-2025 Officers and Directors

Builders FirstSource to Host Second Quarter 2024 Financial Results Conference Call and Webcast

Builders FirstSource Reports Second Quarter 2024 Results

Builders FirstSource Authorizes $1 Billion Share Repurchase Plan

D.R. Horton, Inc. Appoints Three New Independent Directors

Kaskela Law LLC Announces Shareholder Investigation of Builders FirstSource, Inc. (NYSE: BLDR) and Encourages Investors to Contact the Firm

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