BLDR Stock Recent News
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Builders FirstSource (BLDR) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
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The latest trading day saw Builders FirstSource (BLDR) settling at $128.99, representing a -1.42% change from its previous close.
Builders FirstSource (BLDR) reachead $130.85 at the closing of the latest trading day, reflecting a -0.67% change compared to its last close.
Builders FirstSource (BLDR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
I reiterate my hold rating on BLDR due to ongoing headwinds, including weak housing demand, declining revenue, and shrinking margins. BLDR's 4Q24 results showed an 8% y/y revenue decline, with multi-family revenue dropping 29.1% y/y, and gross margin falling 300 bps. High mortgage rates and a 25% tariff on Canadian lumber imports continue to pressure BLDR's profitability and free cash flow outlook.
Recently, Zacks.com users have been paying close attention to Builders FirstSource (BLDR). This makes it worthwhile to examine what the stock has in store.
ASX, BLDR and CLCO have been added to the Zacks Rank #5 (Strong Sell) List on March 7, 2025.
Investors need to pay close attention to Builders FirstSource (BLDR) stock based on the movements in the options market lately.