Builders FirstSource (BLDR) is in focus, indicating potential for a rebound. However, several investors like Dynasty Wealth Management LLC, Bank of New York Mellon Corp, Fjarde AP Fonden Fourth Swedish National Pension Fund, and Principal Financial Group Inc. have decreased their stake in the firm. On the other hand, Versor Investments LP and Proficio Capital Partners LLC increased their shares in BLDR. Price target adjustments have been reported from Benchmark, Royal Bank of Canada, Stifel Nicolaus, Barclays and BMO Capital Markets. Moreover, BLDR's Q4 earnings were anticipated to decline while the firm posted better-than-expected EPS, missing Q4 revenue estimates. The company also announced new board members and plans to acquire
Alpine Lumber for a revenue expansion. Despite negative market speculation due to housing fears and slowed growth,
Jim Cramer believes BLDR could be undervalued and various brokers suggest investment into BLDR. Meanwhile, the firm is reportedly managing its debt responsibly, has plans for CEO and CFO transition, and has released Q4 and full-year results with its 2025 financial outlook.
Builders Firstsource BLDR News Analytics from Tue, 06 Aug 2024 07:00:00 GMT to Sat, 01 Mar 2025 19:31:04 GMT -
Rating -2
- Innovation 3
- Information 8
- Rumor 6
