As of Wednesday close, Builders FirstSource Inc.’s (NYSE:BLDR) stock was up $0.2, moving up 0.14 percent to $139.87. The average number of shares traded per day over the past five days has been 1,437,360 shares. 3 times new highs have been achieved over the past 5 days, with a $3.26 gain in that time frame. In the last twenty days, the average volume was 1,487,105, while in the previous 50 days, it was 1,527,916.
Since last month, BLDR stock retreated -4.69%. Shares of the company fell to $122.62 on 08/25/23, the lowest level in the past month. A 52-week high of $156.85 was reached on 08/02/23 after having rallying from a 52-week low of $52.70. Since the beginning of this year, BLDR’s stock price has risen by 115.58% or $74.99, and marked a new high 54 times. However, the stock has declined by -10.83% since its 52-week high.
BLDR stock investors should be aware that Builders FirstSource Inc. (BLDR) stock had its last reported insider trading activity 16 days ago on Aug 15. Hiller Michael, the President – Central Division of the company, disposed of 1,397 shares for $151.96 on Aug 15. It resulted in a $212,288 divestment by the insider. Hiller Michael sold 5,965 shares at an average price of $147.91 on Aug 14. The insider now owns 32,892 shares following the transaction. On Aug 07, EVP & General Counsel Johnson Timothy D sold 5,000 shares at $151.69 apiece. The transaction was valued at $758,450.
Valuation Metrics
Right now, Builders FirstSource Inc. (BLDR) has a P/E ratio of about 10.83. The stock’s beta is 2.02. Besides these, the trailing price-to-sales (P/S) ratio of 0.97, the price-to-book (PB) ratio of 4.09, and the price-to-cash flow ratio of 5.86 may also be considered.
Financial Health
In the recent quarter, Builders FirstSource Inc.’s quick ratio stood at 1.10, while its current ratio was 1.80, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.85, and the total debt-to-equity ratio was 0.85. On the profitability front, the trailing twelve-month gross margin is 34.90% percent. In the recent year, EBITDA margin amounted to 18.78%, whereas operating margins totaled 13.90%. Based on annual data, BLDR earned $7.74 billion in gross profit and brought in $22.73 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 37.10%. Return on equity (ROE) for the past 12 months was 38.80%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. BLDR’s revenue fell -52.94% to $3.88 billion during the quarter, while net income inched up to $4.53 billion. During the quarter, the company generated $716.04 million in EBITDA. The liabilities of Builders FirstSource Inc. were 6.39 billion at the end of its most recent quarter, and its total debt was $4.18 billion. The value of shareholders’ equity is $125.04 million.
Technical Picture
This quick technical analysis looks at Builders FirstSource Inc.’s (BLDR) price momentum. With a historical volatility rate of 42.62%, the RSI 9-day stood at 52.36% on 30 August.
With respect to its five-day moving average, the current Builders FirstSource Inc. price is up by +2.39% percent or $3.26. At present, BLDR shares trade -5.90% below its 20-day simple moving average and +63.53% percent above its 100-day simple moving average. However, the stock is currently trading approximately +10.34% above its SMA50 and +114.92% above its SMA200.
Stochastic coefficient K was 48.79% and Stochastic coefficient D was 36.56%, while ATR was 5.89. Given the Stochastic reading of 57.67% for the 14-day period, the RSI (14) reading has been calculated as 50.86%. As of today, the MACD Oscillator reading stands at 3.05, while the 14-day reading stands at -0.92.
Analyst Ratings
RBC Capital Mkts upgraded its rating on Builders FirstSource Inc. (NYSE: BLDR) to an Outperform in a note to investors on May 04, 2023. The analysts firm previously had a Sector perform rating on the stock.Builders FirstSource Inc. (BLDR) has been rated Overweight by analysts. According to 0 brokerage firms, BLDR is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Builders FirstSource Inc. stock as buy, with 8 recommending it as overweight.
With a median target price of $175.00, the current consensus forecast for the stock is $135.00 – $220.00. Based on these forecasts, analysts predict Builders FirstSource Inc. (BLDR) will achieve an average price target of $172.29.
