Builders FirstSource (NASDAQ:BLDR) with $20 Target Got Analyzed By MKM Partners.

June 29, 2018 - By Eric Painter

Builders FirstSource, Inc. (NASDAQ:BLDR) Corporate Logo

Big Money Sentiment increased to 1.03 in 2018 Q1. It has change of 0.03, from 2017Q4’s 1. The ratio is positive due to Builders FirstSource, Inc. positioning: 23 sold and 84 reduced. 44 funds amassed holdings and 66 increased holdings. Investors holded 101.67 million in 2017Q4 but now own 95.73 million shares or 5.84% less.

Texas-based Hbk L P has invested 0.02% in Builders FirstSource, Inc. (NASDAQ:BLDR). Icon Advisers Incorporated Communications holds 0.07% or 43,500 shs in its capital. Cwm Ltd Liability has 23 shs for 0% of their capital. Moreover, Pcj Invest Counsel Ltd has 0.04% invested in Builders FirstSource, Inc. (NASDAQ:BLDR). Wells Fargo Mn reported 0% of its capital in Builders FirstSource, Inc. (NASDAQ:BLDR). Gotham Asset Management Ltd accumulated 626,762 shs. Mckinley Capital Lc Delaware, Unknown-based fund reported 4,868 shs. Eqis Cap Inc reported 28,656 shs. Axa owns 457,000 shs or 0.04% of their US capital. Amp Investors Ltd holds 29,300 shs. Moreover, Dimensional Fund Advisors Limited Partnership has 0.03% invested in Builders FirstSource, Inc. (NASDAQ:BLDR) for 3.38M shs. Swiss Bancorp reported 196,300 shs. Hanseatic holds 0% or 129 shs. Parametric Assocs Ltd Llc accumulated 211,819 shs. Janney Montgomery Scott Ltd Liability Corporation owns 37,951 shs.

Builders FirstSource, Inc. registered $10.48 million net activity with 0 insider purchases and 7 selling transactions since March 1, 2018. MILGRIM BRETT N sold $683,580 worth of stock. $1.06M worth of Builders FirstSource, Inc. (NASDAQ:BLDR) was sold by Tolly Morris E on Thursday, March 1. $1.01M worth of stock was sold by SHERMAN FLOYD F on Wednesday, June 13. 53,635 shs were sold by CROW M CHAD, worth $1.14M. On Thursday, March 8 Jackson Peter M. sold $256,680 worth of Builders FirstSource, Inc. (NASDAQ:BLDR).

What Price Target Has MKM Partners Given Builders FirstSource (NASDAQ:BLDR)

upside potential of 8.40 % on Builders FirstSource (NASDAQ:BLDR) means $20 price target given by Professional analysts at MKM Partners. Also on 28 June coverage initiated by broker on the $2.12 billion market cap company.

Builders FirstSource, Inc. (NASDAQ:BLDR) Ratings Coverage

Total analysts of 7 have positions in Builders Firstsource (NASDAQ:BLDR) as follows: 5 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 71%. Since January 2, 2018 according to StockzIntelligence Inc Builders Firstsource has 9 analyst reports. On Tuesday, January 2 the stock of Builders FirstSource, Inc. (NASDAQ:BLDR) earned “Buy” rating by Seaport Global. On Tuesday, January 16 the stock of Builders FirstSource, Inc. (NASDAQ:BLDR) earned “Buy” rating by Stephens. On Thursday, June 7 the firm has “Buy” rating given by FBR Capital. The company rating was maintained by FBR Capital on Thursday, March 1. On Sunday, January 21 the firm has “Buy” rating by Stifel Nicolaus given. On Friday, March 2 the firm earned “Buy” rating by SunTrust. On Thursday, March 1 the firm has “Buy” rating by Stifel Nicolaus given.

The stock increased 1.88% or $0.34 during the last trading session, reaching $18.45.Currently Builders FirstSource, Inc. is uptrending after 41.13% change in last June 29, 2017. BLDR has 419,091 shares volume. The stock outperformed the S&P500 by 28.56%.

On August, 2 is awaited Builders FirstSource, Inc. (NASDAQ:BLDR)’s earnings report, as reported by RTT. This year’s EPS analyst estimate is awaited to be $0.56. That is 51.35 % up compareed to $0.37 EPS for last year. In case of $0.56 EPS BLDR’s profit could hit $64.20M. Analysts at Wall Street see Builders FirstSource, Inc.’s 133.33 % EPS growth compared to $0.24 EPS for previous quarter.

Builders FirstSource, Inc. manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and clients in the United States.The firm is valued at $2.12 billion. The firm operates through four divisions: Northeast, Southeast, South, and West.36.18 is the P/E ratio. The Company’s products include lumber and lumber sheet goods comprising dimensional lumber, plywood, and OSB products that are used in on-site house framing; and windows, and interior and exterior door units, as well as interior trims and custom products under the Synboard brand.

Builders FirstSource, Inc. (NASDAQ:BLDR) Institutional Investors Chart

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