Builders FirstSource (NASDAQ:BLDR) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1 by 6 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys.
Other Equity analysts have also commented on the company shares. FBR Capital initiates coverage on Builders FirstSource (NASDAQ:BLDR). The shares have now been rated Outperform by the stock experts at the ratings house. FBR Capital announces the current price target of $16 per share on Builders FirstSource . The rating by the firm was issued on June 1, 2016.
Builders FirstSource (NASDAQ:BLDR): 6 analysts have set the short term price target of Builders FirstSource (NASDAQ:BLDR) at $18.17. The standard deviation of short term price target has been estimated at $3.87, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 25 and $14 respectively.
Builders FirstSource (NASDAQ:BLDR) witnessed a decline in the market cap on Tuesday as its shares dropped 0.79% or 0.09 points. After the session commenced at $11.42, the stock reached the higher end at $11.64 while it hit a low of $11.065. With the volume soaring to 1,065,409 shares, the last trade was called at $11.32. The company has a 52-week high of $16.69. The company has a market cap of $1,246 million and there are 110,110,756 shares in outstanding. The 52-week low of the share price is $6.5.
Shares of Builders FirstSource, Inc. appreciated by 2.54% during the last five trading days but lost 2.75% on a 4-week basis. Builders FirstSource, Inc. is up 11.97% in the last 3-month period. Year-to-Date the stock performance stands at 2.17%.
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.