Builders FirstSource, Inc.’s Stock Price Skyrockets to $165.44, Marking a Stellar 8.01% Increase

Builders FirstSource, Inc. (BLDR)

165.44 USD +12.27 (+8.01%) Volume: 2.72M

Builders FirstSource, Inc.’s stock price is currently at 165.44 USD, experiencing a significant rise of +8.01% this trading session, with a robust trading volume of 2.72M shares. Despite a marginal decrease of -0.90% YTD, BLDR stock continues to show promising performance in the market.

Latest developments on Builders FirstSource, Inc.

Builders FirstSource (BLDR) has seen a mix of analyst ratings and stock position adjustments recently. Meeder Asset Management Inc. reduced its stock position while Oppenheimer & Co. Inc. raised its position in the company. Atomi Financial Group Inc. also lowered its stock holdings in BLDR. However, SG Americas Securities LLC bought a significant amount of shares. StockNews.com downgraded BLDR to Hold, leading to fluctuations in the stock price. Despite this, Norden Group LLC bought over a thousand shares in the company. Swiss National Bank also decreased its stake in Builders FirstSource, Inc. (NYSE:BLDR), indicating a range of opinions and actions influencing the stock price movements today.

Builders FirstSource, Inc. on Smartkarma

Analysts on Smartkarma are bullish on Builders Firstsource, a company that focuses on value-added and specialty products. According to a report by Value Investors Club published on Wednesday, Jan 10, 2024, Builders FirstSource maintains industry-leading gross margins of 35% and has been expanding its reach through strategic acquisitions. The report highlights the company’s strong customer base and emphasizes its position in the market as a leader in the industry.

A look at Builders FirstSource, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Builders Firstsource has a promising long-term outlook, with a strong focus on growth according to Smartkarma Smart Scores. With a high score of 5 in Growth, the company is positioned well for expansion and increasing market share in the future. Additionally, its Resilience score of 3 indicates a solid ability to withstand economic challenges, providing stability for investors.

Although Builders Firstsource may not be as attractive for investors seeking dividend income, with a score of 1 in Dividend, its overall outlook remains positive. The company’s Value score of 3 suggests that it is reasonably priced in the market, offering potential for value investors. While Momentum may not be as high at 2, the company’s strong performance in other areas makes it a compelling option for those looking for long-term growth potential.

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