Barclays analyst Matthew Bouley maintains $Builders FirstSource (BLDR.US)$ with a buy rating, and adjusts the target price from $182 to $211.
According to TipRanks data, the analyst has a success rate of 65.3% and a total average return of 21.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Builders FirstSource (BLDR.US)$'s main analysts recently are as follows:
Builders FirstSource, as a primary partner to professional homebuilders and construction experts, is poised to benefit from the resurgence in new residential construction and the expansion of more profitable value-added products. This strategic positioning is anticipated to drive above-average growth in revenue and EBITDA in the forthcoming years, with potential for revenue and earnings to surpass estimates through 2026.
The preference for building products over homebuilders is highlighted in light of an uncertain earnings outlook within the sector.
For the building products sector, analysts are adjusting their estimates to account for temporary challenges due to inclement weather and a decline in housing starts. While acknowledging the potential for stock volatility around earnings announcements, analysts maintain a positive outlook for the year 2025, anticipating a decrease in rates. They suggest that companies that have not performed as well recently, including those in the materials and construction sectors, may experience a surge in stock prices following their earnings reports.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
