Builders FirstSource (BLDR) Expected to Announce Earnings on Thursday

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

Builders FirstSource Trading Down 3.9 %

Shares of BLDR opened at $147.84 on Wednesday. The firm has a fifty day simple moving average of $156.33 and a two-hundred day simple moving average of $171.01. Builders FirstSource has a twelve month low of $130.75 and a twelve month high of $214.70. 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 stock has a market capitalization of $17.01 billion, a P/E ratio of 14.44, a PEG ratio of 0.89 and a beta of 2.12.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on BLDR shares. Royal Bank of Canada raised their target price on shares of Builders FirstSource from $178.00 to $187.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 6th. StockNews.com cut shares of Builders FirstSource from a “buy” rating to a “hold” rating in a research report on Monday, January 13th. Barclays dropped their target price on shares of Builders FirstSource from $211.00 to $188.00 and set an “overweight” rating for the company in a research report on Thursday, January 16th. Oppenheimer reaffirmed an “outperform” rating and issued a $225.00 target price on shares of Builders FirstSource in a research report on Tuesday, October 29th. Finally, UBS Group assumed coverage on shares of Builders FirstSource in a research report on Friday, October 25th. They issued a “buy” rating and a $232.00 target price for the company. Four research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $205.71.

Builders FirstSource Company Profile

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.