Builders FirstSource (BLDR) Earns Media Sentiment Rating of 0.11

Media stories about Builders FirstSource (NASDAQ:BLDR) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Builders FirstSource earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news articles about the company an impact score of 44.5627861930534 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the media stories that may have impacted Accern Sentiment’s scoring:

Builders FirstSource (NASDAQ BLDR) traded down 0.55% during trading on Friday, reaching $16.22. The company had a trading volume of 1,159,096 shares. The firm’s 50-day moving average price is $16.05 and its 200 day moving average price is $15.30. The firm has a market capitalization of $1.83 billion, a P/E ratio of 10.73 and a beta of 2.11. Builders FirstSource has a one year low of $9.04 and a one year high of $17.22.

Builders FirstSource (NASDAQ:BLDR) last released its quarterly earnings results on Thursday, August 3rd. The company reported $0.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.03. Builders FirstSource had a net margin of 2.60% and a return on equity of 43.83%. The business had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.83 billion. During the same period in the previous year, the company earned $0.31 earnings per share. The business’s revenue for the quarter was up 9.9% on a year-over-year basis. Equities analysts forecast that Builders FirstSource will post $1.12 earnings per share for the current fiscal year.

Several brokerages have recently weighed in on BLDR. Zacks Investment Research cut Builders FirstSource from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. BidaskClub cut Builders FirstSource from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Deutsche Bank AG boosted their target price on Builders FirstSource from $17.00 to $19.00 and gave the stock a “buy” rating in a research report on Wednesday, August 9th. FBR & Co restated a “buy” rating and set a $20.00 target price on shares of Builders FirstSource in a research report on Tuesday, June 27th. Finally, Wedbush restated a “buy” rating and set a $20.00 target price on shares of Builders FirstSource in a research report on Thursday, September 7th. One analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $17.29.

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In other news, major shareholder Jll Partners Fund V. Lp sold 13,482,177 shares of the business’s stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $16.17, for a total transaction of $218,006,802.09. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Robert C. Griffin sold 17,655 shares of the business’s stock in a transaction on Friday, September 8th. The shares were sold at an average price of $16.83, for a total transaction of $297,133.65. Following the sale, the director now directly owns 40,050 shares in the company, valued at $674,041.50. The disclosure for this sale can be found here. Insiders have sold 13,645,368 shares of company stock worth $220,735,138 over the last three months. Corporate insiders own 14.60% of the company’s stock.

Builders FirstSource Company Profile

Builders FirstSource, Inc is a supplier and manufacturer of building materials, manufactured components and construction services to professional contractors, sub-contractors, remodelers and consumers. The Company’s operating segments include Northeast, Southeast, South and West. As of December 31, 2016, it operated at 400 locations in 40 states across the United States.

Insider Buying and Selling by Quarter for Builders FirstSource (NASDAQ:BLDR)

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