Builders FirstSource, Inc.

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Builders FirstSource, Inc. stock analysis BLDR overview
Slightly Bullish +25

Builders Firstsource (BLDR) Receives a Buy from Truist Financial

📈 Truist Financial analyst Keith Hughes maintained a Buy rating on Builders Firstsource (BLDR) with a price target of $115.00.

👨‍💼 Hughes is a 5-star analyst covering the Industrials sector with an average return of 16.6% and a 58.44% success rate.

📉 RBC Capital maintains a Buy rating on BLDR, while BMO Capital holds a Hold rating issued on May 5.

💰 Based on earnings for the quarter ending March 31, Builders Firstsource reported revenue of $3.29 billion and a GAAP net loss of $47.41 million.

📉 This represents a decline from last year's revenue of $3.66 billion and a net profit of $96.3 million.

⚖️ Corporate insider sentiment is neutral based on activity from 80 insiders, including a recent sale of 5,000 shares by Director David E Rush.

👤 Builders Firstsource announced Mike Hiller as the new COO-designate and appointed a new CHRO.

📉 BMO Capital lowered its price target for BLDR to $93 from $100.

📉 Deutsche Bank reduced its price target for BLDR to $81 from $102.

📉 Baird lowered its price target for BLDR to $95 from $125.

Bullish Signals
  • Truist Financial maintained a Buy rating on Builders Firstsource (BLDR) with a price target of $115.00, indicating strong institutional confidence.
  • Analyst Keith Hughes from Truist Financial is a 5-star analyst with an average return of 16.6% and a 58.44% success rate, suggesting high-quality analysis supporting the stock.
  • Builders Firstsource recently appointed Mike Hiller as COO-designate and announced a new CHRO, signaling strong leadership succession and organizational stability.
Risk Factors
  • The company reported a GAAP net loss of $47.41 million for the quarter ending March 31, compared to a net profit of $96.3 million in the same period last year.
  • Revenue declined from $3.66 billion last year to $3.29 billion in the most recent quarter.
  • BMO Capital lowered its price target for Builders Firstsource from $100 to $93.
  • Deutsche Bank reduced its price target for the stock from $102 to $81.
  • Baird cut its price target for Builders Firstsource from $125 to $95.
  • Corporate insider sentiment is neutral, highlighted by Director David E Rush selling 5,000 shares worth $390,850 earlier this month.
Full Analysis
Truist Financial analyst Keith Hughes maintained a Buy rating on Builders Firstsource (BLDR) with a price target of $115.00 in a report released on May 21, citing the company's strong position in the building materials sector and recent earnings performance. The firm noted that Hughes is a 5-star analyst with an average return of 16.6% and a 58.44% success rate, covering the Industrials sector including peers like Fortune Brands Innovations and Owens Corning. Builders Firstsource reported quarterly revenue of $3.29 billion for the quarter ending March 31, compared to $3.66 billion in the prior year, alongside a GAAP net loss of $47.41 million versus a net profit of $96.3 million last year. Corporate insider sentiment remains neutral based on activity from 80 insiders, including a recent sale of 5,000 shares by Director David E Rush for $390,850. The stock faces mixed analyst sentiment with other firms maintaining or adjusting their outlooks; RBC Capital maintained a Buy rating issued on May 13, while BMO Capital held a rating and Deutsche Bank, Baird, and others recently lowered price targets to $93, $81, and $95 respectively.