Revisor Wealth Management LLC Acquires New Position in Builders FirstSource, Inc. $BLDR

Revisor Wealth Management LLC acquired a new stake in Builders FirstSource, Inc. (NYSE:BLDR) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 28,515 shares of the company’s stock, valued at approximately $1,626,000.

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. bought a new position in Builders FirstSource during the second quarter worth $700,934,000. Diamond Hill Capital Management LLC Investment Advisor bought a new stake in Builders FirstSource in the second quarter valued at $134,908,000. Bank of America Corp DE bought a new stake in Builders FirstSource in the second quarter valued at $83,832,000. Fort Washington Investment Advisors Inc. OH bought a new stake in Builders FirstSource in the third quarter valued at $48,738,000. Finally, Jupiter Topco LLC acquired a new position in shares of Builders FirstSource during the second quarter valued at about $73,935,000. Institutional investors and hedge funds own 95.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Wells Fargo & Company cut their price objective on shares of Builders FirstSource from $63.00 to $55.00 and set an “equal weight” rating on the stock in a research report on Friday. UBS Group set a $85.00 target price on Builders FirstSource in a research note on Thursday, October 1st. Deutsche Bank Aktiengesellschaft set a $66.00 target price on Builders FirstSource in a research report on Friday, July 31st. Citigroup restated a “market perform” rating on shares of Builders FirstSource in a report on Thursday, October 8th. Finally, Truist Financial lowered their target price on Builders FirstSource from $90.00 to $70.00 and set a “buy” rating on the stock in a research report on Thursday, October 8th. Nine analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Builders FirstSource presently has a consensus rating of “Hold” and a consensus target price of $82.25.

Builders FirstSource Stock Performance

NYSE BLDR opened at $53.87 on Wednesday. The company has a fifty day moving average price of $61.29 and a 200-day moving average price of $72.24. The firm has a market cap of $5.80 billion, a price-to-earnings ratio of 59.20, a PEG ratio of 1.73 and a beta of 1.45. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.79 and a quick ratio of 1.09. Builders FirstSource, Inc. has a 1 year low of $49.67 and a 1 year high of $131.50.

Builders FirstSource (NYSE:BLDR) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.17 earnings per share for the quarter, missing analysts’ consensus estimates of $1.25 by ($0.08). Builders FirstSource had a net margin of 0.71% and a return on equity of 11.73%. The firm had revenue of $3.86 billion for the quarter, compared to the consensus estimate of $3.91 billion. During the same period in the previous year, the business earned $2.38 earnings per share. The firm’s revenue for the quarter was down 8.8% on a year-over-year basis. As a group, equities research analysts predict that Builders FirstSource, Inc. will post 3.13 EPS for the current fiscal year.

Builders FirstSource Company Profile

Builders FirstSource, Inc is a supplier of building materials, manufactured components and construction services for professional homebuilders, remodelers and other construction customers in the United States. The company provides products used throughout the residential construction process, from structural framing to interior and exterior finishes.

Its offerings include lumber and engineered wood products, roof and floor trusses, wall panels, prefabricated components, windows, doors, millwork, cabinets, roofing, siding, insulation, gypsum and related hardware.