Builders FirstSource (NASDAQ:BLDR) with $20 Target At MKM Partners.

June 29, 2018 - By Gwen Gough

Builders FirstSource, Inc. (NASDAQ:BLDR) Corporate Logo

During Q1 2018 the big money sentiment increased to 1.03. That’s change of 0.03, from 2017Q4’s 1. 23 investors sold all, 84 reduced holdings as Builders FirstSource, Inc. ratio is positive. 66 grew holdings while 44 funds acquired holdings. Funds hold 95.73 million shares thus 5.84% less from 2017Q4’s 101.67 million shares.

Pnc Financial Ser Group Incorporated invested in 75,287 shs. Peak6 Invests Ltd Partnership accumulated 419 shs. Rhumbline Advisers has invested 0% in Builders FirstSource, Inc. (NASDAQ:BLDR). Perritt Capital reported 32,600 shs. Geode Cap Lc has 1.07 million shs. Legal General Grp Public Ltd has invested 0% in Builders FirstSource, Inc. (NASDAQ:BLDR). Indexiq Advisors Llc has 0.06% invested in Builders FirstSource, Inc. (NASDAQ:BLDR). Menta Capital Ltd Llc invested in 126,521 shs. California-based Affinity Investment Advisors Llc has invested 0.04% in Builders FirstSource, Inc. (NASDAQ:BLDR). Lsv Asset Management reported 0.04% stake. Goodhaven Mngmt stated it has 143,200 shs. Cipher Lp holds 87,869 shs. Neuberger Berman Group Inc Limited Co invested 0.01% in Builders FirstSource, Inc. (NASDAQ:BLDR). 48,590 are held by Nuveen Asset Mgmt Ltd. Alliancebernstein Limited Partnership, New York-based fund reported 355,870 shs.

Builders FirstSource, Inc. registered $10.48 million net activity with 0 insider purchases and 7 insider sales since March 1, 2018. On Thursday, May 31 34,930 shs were sold by MILGRIM BRETT N, worth $683,580. The insider SHERMAN FLOYD F sold $2.12 million. Jackson Peter M. sold $256,680 worth of Builders FirstSource, Inc. (NASDAQ:BLDR) or 11,972 shs on Thursday, March 8. MCALEENAN DONALD F also sold $4.20 million worth of Builders FirstSource, Inc. (NASDAQ:BLDR) on Monday, March 12. The insider Tolly Morris E sold $1.06 million.

What Price Target Has MKM Partners Given Builders FirstSource (NASDAQ:BLDR)

MKM Partners’s Stock research analysts have $20 PT which gives upside potential of 8.40 % on Builders FirstSource (NASDAQ:BLDR). MKM Partners also has begun coverage of BLDR stock on Thursday, 28 June.

Builders FirstSource, Inc. (NASDAQ:BLDR) Ratings Coverage

In total 7 analysts cover Builders Firstsource (NASDAQ:BLDR). “Buy” rating has 5, “Sell” are 0, while 2 are “Hold”. (NASDAQ:BLDR) has 71% bullish analysts. 9 are the (NASDAQ:BLDR)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. The company rating was maintained by FBR Capital on Thursday, June 7. On Thursday, March 1 FBR Capital maintained Builders FirstSource, Inc. (NASDAQ:BLDR) rating. FBR Capital has “Buy” rating and $26.0 target. On Tuesday, January 16 the company was maintained by Stephens. On Thursday, March 1 Stifel Nicolaus maintained the shares of BLDR in report with “Buy” rating. On Friday, March 2 SunTrust maintained Builders FirstSource, Inc. (NASDAQ:BLDR) rating. SunTrust has “Buy” rating and $25.0 target. In Sunday, January 21 report Stifel Nicolaus maintained the stock with “Buy” rating. On Tuesday, January 2 Seaport Global maintained the shares of BLDR in report with “Buy” rating.

BLDR hit $18.45 during the last trading session after $0.34 change.Currently Builders FirstSource, Inc. is uptrending after 41.13% change in last June 29, 2017. BLDR has 419,091 shares volume. BLDR outperformed by 28.56% the S&P 500.

Builders FirstSource, Inc. (NASDAQ:BLDR)’s earnings release is awaited by WallStreet on August, 2, RTT reports. Analysts expect change of 51.35 % or $0.19 from previous year’s $0.37 EPS compared to current’s $0.56 EPS. BLDR’s profit could hit $64.20M with 8.24 P/E in case $0.56 EPS is revealed. After $0.24 EPS was revealed last quarter, analysts now see EPS growth of 133.33 % for Builders FirstSource, Inc..

Builders FirstSource, Inc. manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and clients in the United States.The firm is valued at $2.12 billion. The firm operates through four divisions: Northeast, Southeast, South, and West.The P/E ratio is 36.18. The Company’s products include lumber and lumber sheet goods comprising dimensional lumber, plywood, and OSB products that are used in on-site house framing; and windows, and interior and exterior door units, as well as interior trims and custom products under the Synboard brand.

Builders FirstSource, Inc. (NASDAQ:BLDR) Institutional Investors Chart

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