The Insider Activity Report For Builders FirstSource Inc. (BLDR): Who’s Selling?

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Builders FirstSource Inc. (NYSE:BLDR) finished Wednesday with an addition of $0.3 to close at $56.61, an upside of 0.53 percent. An average of 3,319,820 shares of common stock have been traded in the last five days. There was a gain of $1.39 in the past week, and it reached a new high 36 times over the past 12 months. The last 20 days have seen an average of 2,216,120 shares traded, while the 50-day average volume stands at 2,193,712.

BLDR stock has decreased by -12.61% in the last month. The company shares reached their 1-month lowest point of $54.20 on 09/16/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $48.91 and a high of $86.48 in 52 weeks. It has reached a new high 1 time so far this year and lost -33.95% or -$29.10 in price. In spite of this, the price is down -34.54% from the 52-week high.


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Insider Transactions

49 days have passed since Builders FirstSource Inc. (BLDR) last reported insider trading activity. Beckmann Jami, who is Principal Accounting Officer, most recently acquired $3,750 shares at $68.60 per share on Aug 04. In this transaction, the insider spent $257,250. Director, SHERMAN FLOYD F, disposed of 35,000 shares at a price of $55.09 on Jun 14. The insider now owns more than $1,928,150 worth of shares. Prior to that, Director SHERMAN FLOYD F went on to Sale 30,000 shares at $75.68 each on Mar 03. An amount of $2,270,400 was transacted.

Valuation Metrics

Builders FirstSource Inc. (BLDR) has a trailing price-to-earnings (P/E) ratio of 3.87. The stock’s beta is 2.20. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.39, the price-to-book (PB) ratio at 1.88, and the price-to-cash flow ratio at 3.12.

Financial Health

The quick ratio of Builders FirstSource Inc. for the three months ended June 29 was 1.30, and the current ratio was 2.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.69 and a total debt to equity ratio of 0.69 for the quarter ending June 29. Its gross profit as reported stood at $5.85 billion compared to revenue of $19.89 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Builders FirstSource Inc.’s return on assets was 23.50%.

Earnings Surprise

For the three-month period that ended June 29, Builders FirstSource Inc. had $3.55 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $987.21 million in the quarter, while revenues of $639.64 million were grew 49.63%. The analyst consensus anticipated Builders FirstSource Inc.’s latest quarter earnings to come in at $3.05 per share, but it turned out to be $6.26, a 105.20% surprise. For the quarter, EBITDA amounted to $1.48 billion. Shareholders own equity worth $156.07 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Builders FirstSource Inc. (BLDR) price momentum. RSI 9-day as of the close on 21 September was 38.99%, suggesting the stock is Neutral, with historical volatility in this time frame at 52.95%.

As of today, BLDR’s price is $56.16 +2.52% or $1.39 from its 5-day moving average. BLDR is currently trading -11.82% lower than its 20-day SMA and -11.51% lower than its 100-day SMA. However, the stock’s current price level is -9.44% below the SMA50 and -20.39% below the SMA200.

The stochastic %K and %D were 30.40% and 25.21%, respectively, and the average true range (ATR) was 2.35. With the 14-day stochastic at 29.42% and the average true range at 2.37, the RSI (14) stands at 38.97%. The stock has reached -0.55 on the 9-day MACD Oscillator while the 14-day reading was at -0.99.

Analyst Ratings

Deutsche Bank launched coverage on Builders FirstSource Inc. (NYSE: BLDR) in its analyst report released on August 18, 2022. The firm assigned the stock a Buy rating.

What is BLDR’s price target for the next 12 months?

Analysts predict a range of price targets between $75.00 and $125.00, with a median target of $91.00. Taking a look at these predictions, the average price target given by analysts for Builders FirstSource Inc. (BLDR) stock is $93.36.

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