Builders FirstSource (BLDR) has had a volatile few months with a decline of 18% over a three-month period and a whopping 147% surge within a full year. The company's earnings have currently been attracting investor attention with an earning beat in Q1, despite a dip in stock price afterwards. Additionally, it seems Wall Street analysts are rather optimistic about the stock, with suggestions for individuals to consider adding BLDR to their portfolios. Their recent acquisition of Schoeneman's Building Materials Center suggests expansion and increased dominance in the industry. There are also mentions of a $1 billion stock buyback and offering of $600 million of Senior Notes due 2034, indicating potential strategies for retaining value and managing funds. Investors who put stakes in the firm five years ago have seen an astounding return of 995%. However, caution should be applied as the earnings growth rate seems to fall behind the Capital Growth Rate (CAGR) delivered to shareholders.
Builders Firstsource BLDR News Analytics from Fri, 24 Nov 2023 08:00:00 GMT to Sun, 28 Jul 2024 19:23:24 GMT -
Rating -2
- Innovation 1
- Information 5
- Rumor -1
