BLDR Stock Recent News
BLDR LATEST HEADLINES
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.
Builders FirstSource Inc. NYSE: BLDR is the nation's largest supplier of structural building products and pre-fabricated components, primarily catering to contractors, professional homebuilders and remodelers. It operates nearly 570 distribution and manufacturing centers and lumberyards across 43 states.
Builders FirstSource's fourth-quarter 2024 results reflect adverse impacts of lower sales volume across the Value-Added product category. Here's why.