Builders FirstSource, Inc. (NYSE:BLDR) has been attracting significant attention from numerous investors with different investment entities like TFR Capital LLC., 111 Capital, and Toronto Dominion Bank increasing their holdings. The Wall Street and other analysts consider Builders FirstSource, Inc. to be an intriguing investment. Interestingly, Jim Cramer expressed intrigue over the company, reinforcing the company’s worth in the eyes of investors and analysts. Additional capital investment, however, isn’t the only new development for the building products supplier.
The company announced declassification of the board and amendments. Additionally, the company recently secured a $2.2 billion credit facility, announced the repurchase of $500 million shares, and the completion of a $750 million offering of senior notes due 2035, showing the company's profound foothold in the current financial climate. The company announced the acquisition of Alpine Lumber, a move that will likely expand their revenue by $500 million.
Yet, while some reports suggest that the stock is trading at a discount, others indicate a fall with missed Q4 revenue estimates furnishing fears among the investors.
Builders Firstsource BLDR News Analytics from Thu, 19 Sep 2024 07:00:00 GMT to Sun, 01 Jun 2025 00:12:08 GMT -
Rating 5
- Innovation -4
- Information 7
- Rumor -1
