On Jun 29, 2018 Builders FirstSource (NASDAQ:BLDR) with $20 Target Was Coveraged By Evercore ISI Group.

June 29, 2018 - By Ronnie Lemelle

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

During 2018 Q1 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 stakes while 44 funds acquired stakes. Funds hold 95.73 million shares thus 5.84% less from 2017Q4’s 101.67 million shares.

Boston, a Massachusetts-based fund reported 1.09M shs. New Mountain Vantage Advisers Ltd Com reported 2.98% in Builders FirstSource, Inc. (NASDAQ:BLDR). Fincl Bank Of Montreal Can owns 91,400 shs. Fisher Asset Mgmt Ltd, a Washington-based fund reported 272,027 shs. Stadium Cap Mngmt Ltd Liability Com invested in 3.08 million shs. 65,000 are owned by Parallax Volatility Advisers Lp. Goldman Sachs Group owns 467,953 shs for 0% of their capital. Driehaus Cap Ltd Liability Corp accumulated 384,680 shs. Stone Ridge Asset Limited Liability Com reported 0.06% of its capital in Builders FirstSource, Inc. (NASDAQ:BLDR). Wealthtrust has invested 0% of its capital in Builders FirstSource, Inc. (NASDAQ:BLDR). Dreman Value Mngmt L L C has 0.03% invested in Builders FirstSource, Inc. (NASDAQ:BLDR). Zacks Invest Management holds 0.01% of its capital in Builders FirstSource, Inc. (NASDAQ:BLDR) for 12,718 shs. Cipher Capital Lp owns 0.21% invested in Builders FirstSource, Inc. (NASDAQ:BLDR) for 87,869 shs. Dekabank Deutsche Girozentrale, Germany-based fund reported 5,700 shs. Gru Inc has 0% invested in Builders FirstSource, Inc. (NASDAQ:BLDR) for 70,577 shs.

Builders FirstSource, Inc. had 7 insider sales and 0 insider purchases since March 1, 2018. This’s net activity of $10.48 million. On Thursday, March 8 Shares for $256,680 were sold by Jackson Peter M.. 194,043 Builders FirstSource, Inc. (NASDAQ:BLDR) shs with value of $4.20 million were sold by MCALEENAN DONALD F. On Wednesday, March 7 a trade for 53,635 shs valued at $1.14M was made by CROW M CHAD. Another trade for 50,000 shs valued at $1.01M was sold by SHERMAN FLOYD F. MILGRIM BRETT N sold $683,580 worth of Builders FirstSource, Inc. (NASDAQ:BLDR) or 34,930 shs on Thursday, May 31.

What Price Target Has Evercore ISI Group Given Builders FirstSource (NASDAQ:BLDR)

New York: On Thursday morning, Builders FirstSource (NASDAQ:BLDR) coverage was initiated with a “In-Line” rating and $20 TP at Evercore ISI Group. That’s upside potential of 7.41 % from firm’s close price.

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

Total analysts of 7 have positions in Builders Firstsource (NASDAQ:BLDR) as follows: 5 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 71%. Since January 2, 2018 according to StockzIntelligence Inc Builders Firstsource has 9 analyst reports. On Tuesday, January 2 Seaport Global maintained Builders FirstSource, Inc. (NASDAQ:BLDR) rating. Seaport Global has “Buy” rating and $26.0 target. On Friday, March 2 the stock of Builders FirstSource, Inc. (NASDAQ:BLDR) earned “Buy” rating by SunTrust. On Sunday, January 21 the stock has “Buy” rating by Stifel Nicolaus. On Tuesday, January 16 the stock of Builders FirstSource, Inc. (NASDAQ:BLDR) has “Buy” rating given by Stephens. On Thursday, March 1 the company was maintained by FBR Capital. In Thursday, March 1 report Stifel Nicolaus maintained the stock with “Buy” rating. The stock rating was maintained by FBR Capital with “Buy” on Thursday, June 7.

Ticker’s shares touched $18.62 during the last trading session after 2.82% change.Currently Builders FirstSource, Inc. is uptrending after 41.13% change in last June 29, 2017. BLDR has 254,558 shares volume. BLDR outperformed the S&P500 by 28.56%.

Builders FirstSource, Inc. (NASDAQ:BLDR)’s quarterly earnings will be published on August, 2., according to Faxor. Analysts forecast $0.56 EPS. That’s $0.19 up or 51.35 % from 2017’s earnings of $0.37. BLDR’s profit could hit $64.18 million with 8.31 P/E in case $0.56 EPS is published. 133.33 % EPS growth is what Wall Street’s sees after $0.24 reported EPS last quarter.

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 $2.13 billion. The firm operates through four divisions: Northeast, Southeast, South, and West.The P/E ratio is 36.51. 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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