Builders FirstSource (BLDR) Earns Media Impact Score of 0.09
News coverage about Builders FirstSource (NASDAQ:BLDR) has trended somewhat positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Builders FirstSource earned a news impact score of 0.09 on Accern’s scale. Accern also assigned media stories about the company an impact score of 48.0807624581864 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- FY2017 EPS Estimates for Builders FirstSource, Inc. Reduced by Analyst (BLDR) (americanbankingnews.com)
- Brokers Set Expectations for Builders FirstSource, Inc.’s Q3 2017 Earnings (BLDR) (americanbankingnews.com)
- Critical Analysis: Builders FirstSource (BLDR) & Its Peers (americanbankingnews.com)
- This sector has quietly hit new highs and could be the next stock-market leader (marketwatch.com)
BLDR has been the subject of a number of research reports. Wedbush reiterated a “buy” rating and set a $20.00 price target on shares of Builders FirstSource in a research report on Thursday, September 7th. FBR & Co reiterated a “buy” rating and set a $20.00 price target on shares of Builders FirstSource in a research report on Tuesday, June 27th. BidaskClub upgraded shares of Builders FirstSource from a “hold” rating to a “buy” rating in a research report on Wednesday, July 19th. Zacks Investment Research upgraded shares of Builders FirstSource from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Finally, Deutsche Bank AG lifted their price target on shares of Builders FirstSource from $17.00 to $19.00 and gave the company a “buy” rating in a research report on Wednesday, August 9th. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $17.33.
Builders FirstSource (NASDAQ:BLDR) traded down 0.34% during midday trading on Thursday, hitting $17.66. 203,925 shares of the stock were exchanged. The firm’s 50-day moving average is $16.49 and its 200 day moving average is $15.52. Builders FirstSource has a 52 week low of $9.04 and a 52 week high of $18.23. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 11.69 and a beta of 2.09.
Builders FirstSource (NASDAQ:BLDR) last issued its quarterly earnings results on Thursday, August 3rd. The company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.03. The company had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.83 billion. Builders FirstSource had a net margin of 2.60% and a return on equity of 43.83%. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.31 EPS. Equities research analysts expect that Builders FirstSource will post $1.11 EPS for the current fiscal year.
In related news, Director Cleveland A. Christophe sold 36,000 shares of the stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $16.66, for a total transaction of $599,760.00. Following the completion of the sale, the director now directly owns 48,181 shares of the company’s stock, valued at $802,695.46. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, major shareholder Jll Partners Fund V. Lp sold 13,482,177 shares of the stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $16.17, for a total transaction of $218,006,802.09. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,645,368 shares of company stock valued at $220,735,138. Company insiders own 14.60% of the company’s stock.
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About Builders FirstSource
Builders FirstSource, Inc is a supplier and manufacturer of building materials, manufactured components and construction services to professional contractors, sub-contractors, remodelers and consumers. The Company’s operating segments include Northeast, Southeast, South and West. As of December 31, 2016, it operated at 400 locations in 40 states across the United States.
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