7 Analysts Assess Builders FirstSource: What You Need To Know
Portfolio Pulse from Benzinga Insights
Builders FirstSource (NYSE:BLDR) received diverse analyst ratings over the past quarter, with a shift towards more neutral positions in the last 30 days. The average 12-month price target for BLDR is now $215.43, marking a 12.79% increase from the previous target of $191.00. Analysts from firms like DA Davidson, Barclays, and RBC Capital have updated their ratings and price targets, reflecting changes in market conditions and company performance. Despite a negative revenue trend and challenges in maintaining profitability, BLDR's strong ROE and ROA indicate effective capital utilization. The company's market capitalization and debt management are also highlighted as strengths.
March 28, 2024 | 4:00 pm
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POSITIVE IMPACT
Builders FirstSource received mixed analyst ratings, with a notable increase in the average 12-month price target to $215.43. Despite facing revenue growth challenges, the company's strong ROE and ROA highlight its effective capital utilization.
The increase in the average price target suggests a bullish outlook from analysts, despite recent revenue challenges. The strong ROE and ROA indicate effective capital utilization, which could reassure investors about the company's financial health and operational efficiency. The mixed analyst ratings reflect a diverse perspective on the company's future performance, but the overall positive adjustment in price targets could lead to short-term positive sentiment among investors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100