In a report released today, Tyler Batory from Oppenheimer maintained a Buy rating on Builders Firstsource (BLDR – Research Report), with a price target of $242.00. The company’s shares closed yesterday at $184.39.
According to TipRanks, Batory is a 4-star analyst with an average return of 8.2% and a 59.87% success rate. Batory covers the Consumer Cyclical sector, focusing on stocks such as Toll Brothers, Playa Hotels & Resorts, and DR Horton.
Builders Firstsource has an analyst consensus of Moderate Buy, with a price target consensus of $211.45.
The company has a one-year high of $214.70 and a one-year low of $99.90. Currently, Builders Firstsource has an average volume of 1.24M.
Based on the recent corporate insider activity of 98 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BLDR in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Builders Firstsource (BLDR) Company Description:
Builers FirstSource, Inc. engages in the supply and manufacture of building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers. It operates through the following segments: Northeast, Southeast, South, and West. Its products includes factory-built roof and floor trusses, wall panels and stairs, vinyl windows, custom millwork and trim, as well as engineered wood. The company was founded by Kevin P. O’Meara, Donald F. McAleenan, and John D. Roach in March 1998 and is headquartered in Dallas, TX.
