Builders Firstsource Inc (NYSE:BLDR) does about 1.24M shares in volume on a normal day but saw 1652573 shares change hands in Tuesday trading. The company now has a market cap of 22.20B USD. Its current market price is $182.09, marking a decrease of -1.33% compared to the previous close of $184.55. The 52 week high reached by this stock is $214.70 whilst the lowest price level in 52 weeks is $90.10.
Builders Firstsource Inc (BLDR) has a 20-day trading average at $200.35 and the current price is -15.19% off the 52-week high compared with 102.10% distance from its 52-week low. The 50-day simple moving average of the closing price is $194.80 and its 200-day simple moving average is $154.10. If we look at the stock’s price movements over the week, volatility stands at 3.04%, which decreases to 2.82% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 33.96 to suggest the stock is neutral.
The consensus objective for the share price is $214.45, suggesting that the stock has a potential upside of 15.09% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on January 29, 2024 when BofA Securities upgraded the stock to “Buy” and issued a price target of between $153 and $200. Truist downgraded its price target at $165-$185.
Builders Firstsource Inc (BLDR) stock is down -8.58% over the week and -6.85% over the past month. Its price is 9.08% year-to-date and 92.97% over the past year.
To reach the target analysts have set, the stock logically needs to grow 15.09 percent from here.
The company has a return on investment of 18.46% and return on equity of 31.78%. The price to earnings ratio (P/E ratio) amounts to 15.18 while the forward price to earnings ratio is 12.87. The beta has a value of 2.08. Price to book ratio is 4.69 and price to sales ratio is 1.30.
