Builders FirstSource (BLDR) Expected to Announce Earnings on Thursday

Builders FirstSource (NYSE:BLDR) is projected to post its quarterly earnings results before the market opens on Thursday, February 20th. Analysts expect Builders FirstSource to post earnings of $2.18 per share and revenue of $3.90 billion for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Builders FirstSource Trading Down 3.4 %

NYSE:BLDR opened at $150.88 on Thursday. The firm has a market capitalization of $17.36 billion, a P/E ratio of 14.73, a P/E/G ratio of 0.89 and a beta of 2.12. The company has a quick ratio of 1.16, a current ratio of 1.77 and a debt-to-equity ratio of 0.83. The company has a fifty day moving average of $157.69 and a 200 day moving average of $171.23. Builders FirstSource has a 52 week low of $130.75 and a 52 week high of $214.70.

Analysts Set New Price Targets

A number of analysts have recently weighed in on BLDR shares. UBS Group initiated coverage on shares of Builders FirstSource in a report on Friday, October 25th. They set a “buy” rating and a $232.00 target price for the company. DA Davidson increased their price objective on Builders FirstSource from $169.00 to $175.00 and gave the stock a “neutral” rating in a report on Wednesday, November 6th. Wedbush restated an “outperform” rating and set a $230.00 target price on shares of Builders FirstSource in a report on Wednesday, December 18th. StockNews.com lowered Builders FirstSource from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. Finally, Oppenheimer restated an “outperform” rating and issued a $225.00 price objective on shares of Builders FirstSource in a report on Tuesday, October 29th. Four equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $205.71.

About Builders FirstSource

Builders FirstSource, Inc, together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, floor trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products comprising intricate mouldings, stair parts, and columns under the Synboard brand name.