Builders FirstSource (NASDAQ:BLDR) should head towards $18.17 per share according to 6 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $14 per share. The higher price estimate target is at $25 according to the Analysts.
Many analysts have stated their opinion on the company shares. FBR Capital initiates coverage on Builders FirstSource (NASDAQ:BLDR). The rating major has initiated the coverage with outperform rating on the shares. The Analysts at FBR Capital announces a current price target of $16 per share. The rating by the firm was issued on June 1, 2016. For the current week, the company shares have a recommendation consensus of Buy.
On the companys insider trading activities, The officer (President, COO, and CFO), of Builders Firstsource, Inc., Crow M Chad had unloaded 117,250 shares at $11.96 per share in a transaction on June 9, 2016. The total value of transaction was $1,402,310. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Builders FirstSource (NASDAQ:BLDR) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.41 points or 3.49% at $11.33 with 1,300,684 shares getting traded. Post opening the session at $11.61, the shares hit an intraday low of $11.29 and an intraday high of $11.75 and the price was in this range throughout the day. The company has a market cap of $1,248 million and the number of outstanding shares have been calculated to be 110,110,756 shares. The 52-week high of Builders FirstSource (NASDAQ:BLDR) is $16.69 and the 52-week low is $6.5.
Builders FirstSource, Inc. is a supplier and manufacturer of structural and related building products for residential new construction. The Company groups its building products and services into five product categories: Prefabricated Components, Windows & Doors, Lumber & Lumber Sheet Goods, Millwork, and Other Building Products & Services. The Companys Prefabricated Components are factory-built substitutes for job-site framing. The Windows & Doors category includes the manufacturing, assembly and distribution of windows, and the assembly and distribution of interior and exterior door units. The Lumber & Lumber Sheet Goods category includes dimensional lumber, plywood and oriented strand board (OSB) products. The Millwork category offers interior and exterior trim, columns and posts, as well as custom exterior features under the Synboard brand. The Other Building Products & Services category consists of various products, including hardware, composite materials, roofing and insulation.