SEC Form SC 13G/A filed by Builders FirstSource Inc. (Amendment)
$BLDR
RETAIL: Building Materials
Consumer Discretionary
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/25/2024 | $232.00 | Buy | UBS |
| 10/10/2024 | $225.00 | Buy | Goldman |
| 9/16/2024 | $165.00 → $220.00 | Hold → Buy | Truist |
| 8/7/2024 | $185.00 → $190.00 | Neutral → Outperform | Robert W. Baird |
| 8/2/2024 | $183.00 → $180.00 | Buy → Neutral | BofA Securities |
| 1/29/2024 | $153.00 → $200.00 | Neutral → Buy | BofA Securities |
| 1/19/2024 | $220.00 | Outperform | Oppenheimer |
| 1/4/2024 | $165.00 → $185.00 | Buy → Hold | Truist |
Builders FirstSource, Inc. (NYSE:BLDR) today reported its results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights All Year-Over-Year Comparisons Unless Otherwise Noted: Net sales were $4.2 billion, a 6.7% decrease, driven by lower core organic sales and commodity deflation, partially offset by growth from acquisitions and one additional selling day. Gross profit margin percentage decreased 210 basis points to 32.8%, primarily driven by ongoing Multi-Family and core organic normalization. Net income decreased 36.9% to $284.8 million, or $2.44 per diluted share compared to $3.59 per diluted share in the prior year period, which is a 32.0% decline in net i
Builders FirstSource, Inc. (NYSE:BLDR) ("Builders FirstSource" or the "Company") will host a conference call and webcast on Tuesday, November 5, 2024, to discuss the Company's financial results and other business matters. The teleconference will begin at 8:00 a.m. Central Time and will be hosted by Dave Rush, current President and Chief Executive Officer, Peter Jackson, incoming CEO and current Chief Financial Officer, and Pete Beckmann, incoming CFO and current Senior Vice President, Financial Planning & Analysis. To participate in the teleconference, please dial into the call a few minutes before the start time at 800-245-3047 (U.S. and Canada) or 203-518-9765 (international), Conference
Builders FirstSource, Inc. (NYSE:BLDR) today reported its results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights All Year-Over-Year Comparisons Unless Otherwise Noted: Net sales were $4.5 billion, a 1.6% decrease, with core organic sales down 3.8% as Multi-Family continues to trend downward, partially offset by growth from acquisitions and Single Family. Gross profit margin percentage decreased 240 basis points to 32.8%, primarily driven by ongoing normalization, particularly in Multi-Family. Net income decreased 15.0% to $344.1 million, or $2.87 per diluted share compared to $3.16 per diluted share in the prior year period, which is a 9.2% decline in
4 - Builders FirstSource, Inc. (0001316835) (Issuer)
4 - Builders FirstSource, Inc. (0001316835) (Issuer)
4 - Builders FirstSource, Inc. (0001316835) (Issuer)
Expands Geographic Reach in Colorado and New Mexico Builders FirstSource, Inc. (NYSE:BLDR) ("Builders FirstSource" or the "Company") announced that it has entered into a definitive agreement to acquire Alpine Lumber Company ("Alpine"). Founded in Englewood, Colorado, by the Kurtz family in 1963 and subsequently converted to a 100% employee-owned and operated company, Alpine has 21 locations serving homebuilders and contractors in the Front Range of Colorado, western Colorado and northern New Mexico with a broad product range including prefabricated trusses and wall panels and millwork. "Alpine has long-standing customer relationships and a proven track record of profitable growth in h
Builders FirstSource, Inc. (NYSE:BLDR) today reported its results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights All Year-Over-Year Comparisons Unless Otherwise Noted: Net sales were $4.2 billion, a 6.7% decrease, driven by lower core organic sales and commodity deflation, partially offset by growth from acquisitions and one additional selling day. Gross profit margin percentage decreased 210 basis points to 32.8%, primarily driven by ongoing Multi-Family and core organic normalization. Net income decreased 36.9% to $284.8 million, or $2.44 per diluted share compared to $3.59 per diluted share in the prior year period, which is a 32.0% decline in net i
Builders FirstSource, Inc. (NYSE:BLDR) ("Builders FirstSource" or the "Company") will host a conference call and webcast on Tuesday, November 5, 2024, to discuss the Company's financial results and other business matters. The teleconference will begin at 8:00 a.m. Central Time and will be hosted by Dave Rush, current President and Chief Executive Officer, Peter Jackson, incoming CEO and current Chief Financial Officer, and Pete Beckmann, incoming CFO and current Senior Vice President, Financial Planning & Analysis. To participate in the teleconference, please dial into the call a few minutes before the start time at 800-245-3047 (U.S. and Canada) or 203-518-9765 (international), Conference
SC 13G - Builders FirstSource, Inc. (0001316835) (Subject)
SC 13G/A - Builders FirstSource, Inc. (0001316835) (Subject)
SC 13G/A - Builders FirstSource, Inc. (0001316835) (Subject)
144 - Builders FirstSource, Inc. (0001316835) (Subject)
10-Q - Builders FirstSource, Inc. (0001316835) (Filer)
8-K - Builders FirstSource, Inc. (0001316835) (Filer)
UBS initiated coverage of Builders FirstSource with a rating of Buy and set a new price target of $232.00
Goldman initiated coverage of Builders FirstSource with a rating of Buy and set a new price target of $225.00
Truist upgraded Builders FirstSource from Hold to Buy and set a new price target of $220.00 from $165.00 previously
Expands Geographic Reach in Colorado and New Mexico Builders FirstSource, Inc. (NYSE:BLDR) ("Builders FirstSource" or the "Company") announced that it has entered into a definitive agreement to acquire Alpine Lumber Company ("Alpine"). Founded in Englewood, Colorado, by the Kurtz family in 1963 and subsequently converted to a 100% employee-owned and operated company, Alpine has 21 locations serving homebuilders and contractors in the Front Range of Colorado, western Colorado and northern New Mexico with a broad product range including prefabricated trusses and wall panels and millwork. "Alpine has long-standing customer relationships and a proven track record of profitable growth in h
Enhances board composition with additional qualifications and experience D.R. Horton, Inc. (NYSE:DHI), America's Builder, announced today that its Board of Directors (the "Board") has appointed three new independent directors – Barbara R. Smith, M. Chad Crow and Elaine D. Crowley – effective August 26, 2024. As part of the Company's succession planning and commitment to ensuring strong Board composition, the three newly appointed directors each bring valuable experience and insight to the D.R. Horton Board. Each appointee has an excellent professional resume that adds to the qualifications, experiences and characteristics of the Company's current Board composition. Ms. Smith was named
NEW YORK, Dec. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from t