BLDR Stock Recent News
BLDR LATEST HEADLINES
The extended bull market we are in has not been one where a rising tide lifts all boats. The S&P 500 is up 15% year-to-date and is 52% higher since October 2022 when the latest run-up began.
Builders FirstSource, Inc. BLDR shares plummeted 14.8% in the last three months versus the Zacks Building Products - Retail industry's 2.1% growth. The broader Zacks Retail-Wholesale sector rose 1.5%, and the S&P 500 grew 6.3% in the same time frame.
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.
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.
In the closing of the recent trading day, Builders FirstSource (BLDR) stood at $136.72, denoting a +1.8% change from the preceding trading day.
Builders FirstSource is well-positioned to continue gaining market share in the building products industry with long-term growth opportunities. Management's strong track record of capital allocation, focus on cost efficiency, and shareholder-aligned compensation structure support the company's growth potential. With only 4% market share in core markets, BLDR has significant room for both organic and inorganic growth, making it a Buy rating.
In the closing of the recent trading day, Builders FirstSource (BLDR) stood at $137.86, denoting a +0.82% change from the preceding trading day.
In the most recent trading session, Builders FirstSource (BLDR) closed at $143.19, indicating a -1.07% shift from the previous trading day.
Builders FirstSource ( BLDR ) is an $18 billion enterprise that calls itself "the nation's largest supplier of structural building products, value-added components and services to the professional market for new residential construction and repair and remodeling." You could think of it as the "wholesale" Home Depot ( HD ).
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?