Builders Firstsource Inc (NASDAQ:BLDR)’s Stock Is Buy After Less Market Selling

Builders FirstSource, Inc. (NASDAQ:BLDR) Logo

Investors sentiment increased to 1.16 in 2019 Q1. Its up 0.12, from 1.04 in 2018Q4. It improved, as 20 investors sold Builders FirstSource, Inc. shares while 59 reduced holdings. 31 funds opened positions while 61 raised stakes. 86.28 million shares or 1.13% less from 87.27 million shares in 2018Q4 were reported.
Texas-based Dimensional Fund Advsr Ltd Partnership has invested 0.02% in Builders FirstSource, Inc. (NASDAQ:BLDR). Moreover, State Street Corporation has 0% invested in Builders FirstSource, Inc. (NASDAQ:BLDR). Pecaut And has invested 0.65% in Builders FirstSource, Inc. (NASDAQ:BLDR). Barclays Public Ltd holds 0% or 167,682 shares in its portfolio. Cordasco Fincl Ntwk accumulated 1,000 shares or 0.01% of the stock. Geode Mgmt reported 1.38M shares. Us Bankshares De owns 61,122 shares or 0% of their US portfolio. Bankshares Of Montreal Can holds 0% or 89,382 shares. Gotham Asset Llc holds 213,079 shares or 0.04% of its portfolio. Neuberger Berman Grp Limited Liability reported 221,392 shares. Deutsche Bank Ag has invested 0.01% of its portfolio in Builders FirstSource, Inc. (NASDAQ:BLDR). Charles Schwab Investment has invested 0.01% of its portfolio in Builders FirstSource, Inc. (NASDAQ:BLDR). Glenmede Com Na reported 2.48M shares. Ellington Mgmt Grp Inc Ltd Liability Com has 26,200 shares. Bluemountain Cap Mgmt Lc, New York-based fund reported 79,047 shares.

The stock of Builders Firstsource Inc (NASDAQ:BLDR) registered a decrease of 11.57% in short interest. BLDR’s total short interest was 3.64 million shares in June as published by FINRA. Its down 11.57% from 4.11 million shares, reported previously. With 864,400 shares average volume, it will take short sellers 4 days to cover their BLDR’s short positions. The short interest to Builders Firstsource Inc’s float is 3.47%.

The stock increased 1.36% or $0.2 during the last trading session, reaching $14.95. About 655,255 shares traded. Builders FirstSource, Inc. (NASDAQ:BLDR) has declined 13.03% since June 12, 2018 and is downtrending. It has underperformed by 17.46% 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 $1.73 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 7.99 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.

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

Among 6 analysts covering Builders FirstSource (NASDAQ:BLDR), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Builders FirstSource had 8 analyst reports since January 10, 2019 according to SRatingsIntel. The firm has “Hold” rating given on Monday, February 25 by Buckingham Research. The stock of Builders FirstSource, Inc. (NASDAQ:BLDR) has “Neutral” rating given on Thursday, January 10 by DA Davidson. As per Tuesday, January 15, the company rating was downgraded by SunTrust. The firm earned “Hold” rating on Monday, March 4 by Barclays Capital. FBR Capital maintained Builders FirstSource, Inc. (NASDAQ:BLDR) on Tuesday, March 5 with “Buy” rating. RBC Capital Markets downgraded it to “Sector Perform” rating and $13 target in Friday, January 11 report.

More notable recent Builders FirstSource, Inc. (NASDAQ:BLDR) news were published by: Nasdaq.com which released: “Builders FirstSource (BLDR) Q1 Earnings and Revenues Surpass Estimates – Nasdaq” on May 02, 2019, also Benzinga.com with their article: “Earnings Scheduled For February 28, 2019 – Benzinga” published on February 28, 2019, Globenewswire.com published: “Builders FirstSource to Host Third Quarter 2018 Financial Results Conference Call and Webcast – GlobeNewswire” on October 08, 2018. More interesting news about Builders FirstSource, Inc. (NASDAQ:BLDR) were released by: Seekingalpha.com and their article: “Builders FirstSource (BLDR) Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” published on August 08, 2018 as well as Globenewswire.com‘s news article titled: “Builders FirstSource, Inc. Announces Exchange Offer for its Senior Secured Notes due 2024 – GlobeNewswire” with publication date: March 05, 2019.

Builders FirstSource, Inc. (NASDAQ:BLDR) Institutional Positions Chart

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