worth buying post Earnings results? Builders FirstSource (NASDAQ:BLDR)

Earnings results for Builders FirstSource (NASDAQ:BLDR)

Builders FirstSource, Inc. is expected* to report earnings on 05/06/2021 before market open. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 6 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.81. The reported EPS for the same quarter last year was $0.34.

Builders FirstSource last released its quarterly earnings results on February 25th, 2021. The reported $1.26 EPS for the quarter, topping the consensus estimate of $0.92 by $0.34. The company earned $2.53 billion during the quarter, compared to the consensus estimate of $2.48 billion. Its revenue for the quarter was up 45.7% compared to the same quarter last year. Builders FirstSource has generated $2.09 earnings per share over the last year and currently has a price-to-earnings ratio of 26.8. Builders FirstSource has confirmed that its next quarterly earnings report will be published on Thursday, May 6th, 2021. Builders FirstSource will be holding an earnings conference call on Thursday, May 6th. Interested parties can register for or listen to the call using this link.

Analyst Opinion on Builders FirstSource (NASDAQ:BLDR)

14 Wall Street analysts have issued ratings and price targets for Builders FirstSource in the last 12 months. Their average twelve-month price target is $50.77, predicting that the stock has a possible upside of 4.01%. The high price target for BLDR is $62.00 and the low price target for BLDR is $37.00. There are currently 14 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Builders FirstSource has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 14 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $50.77, Builders FirstSource has a forecasted upside of 4.0% from its current price of $48.81. Builders FirstSource has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Builders FirstSource (NASDAQ:BLDR)

Builders FirstSource does not currently pay a dividend. Builders FirstSource does not have a long track record of dividend growth.

Insiders buying/selling: Builders FirstSource (NASDAQ:BLDR)

In the past three months, Builders FirstSource insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $666,250.00 in company stock. Only 1.80% of the stock of Builders FirstSource is held by insiders. 95.33% of the stock of Builders FirstSource is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Builders FirstSource (NASDAQ:BLDR

Earnings for Builders FirstSource are expected to grow by 10.19% in the coming year, from $2.65 to $2.92 per share. The P/E ratio of Builders FirstSource is 26.82, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.89. The P/E ratio of Builders FirstSource is 26.82, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 36.51. Builders FirstSource has a P/B Ratio of 6.86. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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