UBS analyst John Lovallo maintains $Builders FirstSource (BLDR.US)$ with a buy rating, and adjusts the target price from $232 to $209.
According to TipRanks data, the analyst has a success rate of 58.8% and a total average return of 10.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Builders FirstSource (BLDR.US)$'s main analysts recently are as follows:
Expectations for 2025 single-family residential construction have been revised to grow in the low single digits, down from previous mid-single digit forecasts, due to persistent challenges such as continued affordability issues and an increase in the inventory of unsold new homes. Recovery in this sector is anticipated to begin in the latter half of 2025 or 2026, contingent upon the resolution of current obstacles.
Amid the robust valuations across building products and home improvement sectors, Builders FirstSource's compelling valuation stands out, suggesting a potential mid-teens return of market capitalization through share repurchases at current levels. The company is well positioned to leverage the residential construction's favorable long-term growth prospects, effectively addressing key customer pain points.
Note:
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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.
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