Are Analysts Bullish Builders FirstSource, Inc. (NASDAQ:BLDR) After Last Week?

December 8, 2017 - By Darrin Black

 Are Analysts Bullish Builders FirstSource, Inc. (NASDAQ:BLDR) After Last Week?
Investors sentiment decreased to 1.3 in Q2 2017. Its down 0.39, from 1.69 in 2017Q1. It dropped, as 29 investors sold Builders FirstSource, Inc. shares while 52 reduced holdings. 33 funds opened positions while 72 raised stakes. 91.60 million shares or 2.29% more from 89.55 million shares in 2017Q1 were reported.
534,500 are owned by Marcato Capital Mngmt L P. 65,423 are held by Barclays Public Llc. Citadel Advsr Limited stated it has 102,077 shares. Ameritas Inc invested 0.01% of its portfolio in Builders FirstSource, Inc. (NASDAQ:BLDR). Gsa Prtn Limited Liability Partnership invested in 0.02% or 16,070 shares. State Street holds 0% of its portfolio in Builders FirstSource, Inc. (NASDAQ:BLDR) for 1.78M shares. Stratos Wealth Prns Limited stated it has 0.01% in Builders FirstSource, Inc. (NASDAQ:BLDR). Credit Suisse Ag has 0% invested in Builders FirstSource, Inc. (NASDAQ:BLDR) for 50,577 shares. 10,900 were reported by Laurion Limited Partnership. Cwh Capital Management holds 3.29% or 410,515 shares in its portfolio. Schwab Charles Mgmt Inc holds 402,672 shares. Essex Invest Management Company Llc owns 169,898 shares for 0.37% of their portfolio. Geode Capital Mngmt Ltd Llc has 0.01% invested in Builders FirstSource, Inc. (NASDAQ:BLDR). Numeric Investors Limited Liability Corporation accumulated 10,600 shares. Congress Asset Management Ma, Massachusetts-based fund reported 495,194 shares.

Builders FirstSource, Inc. (NASDAQ:BLDR) Ratings Coverage

Among 9 analysts covering Builders Firstsource (NASDAQ:BLDR), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Builders Firstsource had 21 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was initiated by Barclays Capital on Friday, January 6 with “Equal Weight”. The firm has “Buy” rating given on Thursday, November 9 by SunTrust. FBR Capital initiated Builders FirstSource, Inc. (NASDAQ:BLDR) on Wednesday, June 1 with “Outperform” rating. Citigroup initiated the stock with “Neutral” rating in Thursday, September 10 report. As per Tuesday, June 27, the company rating was maintained by FBR Capital. The firm earned “Buy” rating on Monday, August 10 by Zacks. FBR Capital maintained the shares of BLDR in report on Friday, November 10 with “Buy” rating. As per Thursday, October 8, the company rating was initiated by Credit Suisse. The firm has “Buy” rating by Deutsche Bank given on Monday, March 7. Wedbush initiated Builders FirstSource, Inc. (NASDAQ:BLDR) on Wednesday, September 7 with “Outperform” rating. Below is a list of Builders FirstSource, Inc. (NASDAQ:BLDR) latest ratings and price target changes.

09/11/2017 Broker: SunTrust Rating: Buy New Target: $20.0 Maintain
10/11/2017 Broker: Barclays Capital Rating: Equal-Weight Old Target: $15 New Target: $17 Maintain
10/11/2017 Broker: B. Riley & Co Rating: Buy Old Target: $20 New Target: $24 Maintain
10/11/2017 Broker: Citigroup Rating: Neutral Old Target: $18 New Target: $20 Maintain
10/11/2017 Broker: FBR Capital Rating: Buy New Target: $24.0 Maintain
07/09/2017 Broker: Wedbush Rating: Buy New Target: $20.0 Maintain
09/08/2017 Broker: Deutsche Bank Rating: Buy Old Target: $17 New Target: $19 Maintain
03/08/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $20.0000 Maintain
27/06/2017 Broker: FBR Capital Rating: Buy New Target: $20.0000 Maintain

The stock increased 1.94% or $0.39 during the last trading session, reaching $20.52. About 1.04M shares traded. Builders FirstSource, Inc. (NASDAQ:BLDR) has risen 24.30% since December 8, 2016 and is uptrending. It has outperformed by 7.60% the S&P500.

Builders FirstSource, Inc. manufactures and supplies building materials, manufactured components, and construction services to professional contractors, sub-contractors, and clients in the United States. The company has market cap of $2.32 billion. The Company’s products include lumber and lumber sheet goods comprising dimensional lumber, plywood, and OSB products that are used in on-site house framing; and windows, and interior and exterior door units, as well as interior trims and custom products under the Synboard brand. It has a 26.89 P/E ratio. The companyÂ’s manufactured products consist of wood floor and roof trusses, steel roof trusses, wall panels, stairs, and engineered wood; gypsum, roofing and insulation products, including wallboards, ceilings, joint treatment, and finishes, as well as vinyl, composite, and wood sidings; and exterior trims, other exteriors, metal studs, and cement.

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