Builders Firstsource Inc (NYSE:BLDR) shares, rose in value, with the stock price up by 1.30% to the previous day’s close as strong demand from buyers drove the stock to $187.66.
Actively observing the price movement in the last trading, the stock closed the session at $185.26. The PE ratio was 15.65 over 12-month period. Referring to stock’s 52-week performance, its high was $214.70, and the low was $90.10. On the whole, BLDR has fluctuated by -10.50% over the past month.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 17.98B, with a low estimate of 3.76B and a high estimate of 3.92B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.83B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BLDR’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of BLDR currently trading nearly -2.00% and -3.66% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.85, while the 7-day volatility ratio is showing 4.05% which for the 30-day chart, stands at 3.38%. Furthermore, Builders Firstsource Inc (BLDR)’s beta value is 2.08, and its average true range (ATR) is 6.86.
A comparison of Builders Firstsource Inc (BLDR) with its peers suggests the former has fared considerably weaker in the market. BLDR showed an intraday change of 1.30% in last session, and over the past year, it grew by 107.73%%.
Data on historical trading for Builders Firstsource Inc (NYSE:BLDR) indicates that the trading volumes over the past 3 months, they’ve averaged 1.23 million. According to company’s latest data on outstanding shares, there are 121.86 million shares outstanding.
Nearly 2.36% of Builders Firstsource Inc’s shares belong to company insiders and institutional investors own 96.16% of the company’s shares. The stock has risen by 12.41% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BLDR stock heading into the next quarter.
