How to Buy Builders Firstsource Stock
Builders Firstsource Inc
Builders FirstSource, Inc. manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States.
Builders Firstsource stock last closed at $182.28, up 1.66% from the previous day, and has increased 88.46% in one year. It has overperformed other stocks in the Building Products & Equipment industry by 0.31 percentage points. Builders Firstsource stock is currently +102.31% from its 52-week low of $90.10, and -15.1% from its 52-week high of $214.70.
As of Apr 18, 2024, there are 121.94M shares of BLDR outstanding. The market capitalization of BLDR is $22.23B. In the last 24 hours, 1.57M BLDR shares were traded.
How to Buy Builders Firstsource Stock
Not sure how to invest in Builders Firstsource stock? Here's how.
- Decide where to buy Builders Firstsource stock: You need to choose an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Builders Firstsource stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your payment method and add your details.
- Analyze Builders Firstsource stock: The Builders Firstsource ticker symbol is BLDR. Is Builders Firstsource stock a good investment? Should you buy shares of BLDR? How do BLDR's underlying business fundamentals look? Do top analysts think Builders Firstsource is a good buy? Why has BLDR's stock price moved recently? (Hint: Our stock analysis website can help you understand if BLDR is a good stock to buy).
- Make your BLDR buy order: Decide if you will purchase BLDR shares at the current market price or use a limit order to buy BLDR stock at a given price.
- Get key alerts regarding your BLDR investment: Create a watchlist to get live updates on your position in Builders Firstsource stock.
Step 1: Decide where to buy Builders Firstsource stock
You will need an online brokerage account to access the NYSE market and buy BLDR stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal details so you can invest in BLDR today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create your new brokerage account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have filled out your info on our top ranked stock market app, your next step is to transfer the money for your investment:
Watch the video below to see the process of depositing money into your new brokerage account.
Step 4: Analyze Builders Firstsource stock
After you have identified the best place to buy Builders Firstsource stock, it's very important to analyze their stock before you invest, so you actually wrap your head around the risk as well as the opportunity.
Builders Firstsource Numbers
Builders Firstsource Zen Score
WallStreetZen was built to help everyday investors do more accurate fundamental analysis.
You can see all of the due diligence checks on BLDR's stock page.
What is the fair value of BLDR stock?
Investors use many financial metrics, analyses, models, and charts to gauge BLDR's true value.
Using relative valuations measures:
- BLDR may be undervalued based on its P/E ratio of 15.11x, relative to Building Products & Equipment industry P/E ratio of 26.44x
- BLDR may be undervalued based on its P/B ratio of 4.7x, relative to Building Products & Equipment industry P/B ratio of 5.19x
- BLDR may be overvalued based on its PEG ratio of 225.04x
You can do additional valuation research on BLDR's stock here.
BLDR Financial Health
Passed Financial Due Diligence Checks:
- Total BLDR debt is lower than 5 years ago, relative to shareholder equity.
- BLDR earnings of $2.18B is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the BLDR balance sheet.
- BLDR's operating cash flow of $2.31B allows it to safely service it's debt of $3.71B.
Failed Financial Due Diligence Checks:
- BLDR profit margin has gone down from 12.1% to 9% in the past year.
- BLDR has a relatively high debt to equity ratio of 1.22.
- There are more long-term liabilities than short-term assets on the BLDR balance sheet.
Is it a good time to buy BLDR stock, according to Wall Street analysts?
Out of 11 Wall Street analysts who monitor BLDR, the consensus analyst rating on BLDR is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent BLDR Analyst Upgrades/Downgrades
Tyler Batory, a top 17% analyst from Oppenheimer maintains BLDR with a buy rating and raises their BLDR price target from $220.00 to $242.00, on Feb 23, 2024.
Jay McCanless, a top 2% analyst from Wedbush maintains BLDR with a buy rating and raises their BLDR price target from $175.00 to $225.00, on Feb 12, 2024.
Stanley Elliott, a top 3% analyst from Stifel Nicolaus maintains BLDR with a strong buy rating and raises their BLDR price target from $184.00 to $200.00, on Dec 19, 2023.
Ketan Mamtora, a top 16% analyst from BMO Capital maintains BLDR with a hold rating and raises their BLDR price target from $135.00 to $150.00, on Dec 7, 2023.
BMO Capital's Ketan Mamtora raised their price target on Builders Firstsource (NYSE: BLDR) by 11.1% from $135 to $150 on 2023/12/07. The analyst maintained their Hold rating on the stock.
With a focus on increasing value-added products and services and an expectation of $1B in "incremental digital sales" by FY 2026, management unveiled solid FY 2024 to FY 2026 guidance during Builders Firstsource's 2023/12/05 2023 Investor Day, Mamtora told investors.
According to the analyst, BMO Capital believes the company has a promising growth runway and possibly margin expansion in the medium to long term.
However, Mamtora cautioned that "the risk/reward ratio is fairly balanced at the stock's current valuation," especially considering the uncertain macro environment.
Alex Rygiel, a top 1% analyst from B. Riley Securities upgrades BLDR to a strong buy rating and raises their BLDR price target from $128.00 to $177.00, on Dec 6, 2023.
You can dive deeper into what analysts are saying on the Builders Firstsource stock forecast page.
BLDR Momentum
BLDR Performance Numbers
Last year, BLDR earnings were $1.54B. Over the past 5 year, BLDR's earnings have grown by 46.45% per year. This was faster than the Building Products & Equipment industry average of 10.89%.
Last year, BLDR revenue was $17.10B. Over the past five year, BLDR's revenue has grown by 17.22% per year. This was faster than the Building Products & Equipment industry average of 7.84%.
Learn more about BLDR's earnings and revenue performance here.
What are BLDR insiders up to?
In the last 12 months, executives and large shareholders at BLDR have sold more shares than they have bought.
Jami Beckmann, Principal Accounting Officer of BLDR, was the latest BLDR insider to sell. They sold $451,581.90 worth of BLDR shares on Mar 15, 2024.
Research more about who owns BLDR shares here.
Can I rely on BLDR as an income stream?
No, Builders Firstsource doesn't provide an income stream by paying out dividends.
What others are saying about BLDR
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your BLDR buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price limit, use a limit order.
Click the Open button and your broker will place the order.
If you want more assistance investing in stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your BLDR investment
Now that you own some BLDR stock, you'll want to keep up with your company.
Make a watchlist to monitor your BLDR stock.
BLDR Feed
How to Buy Stock in Builders Firstsource
To reiterate, here are the 6 steps for buying Builders Firstsource stock:
- Decide where to buy Builders Firstsource stock
- Sign up for a brokerage account
- Fund your investment account
- Analyze Builders Firstsource stock
- Make your BLDR buy order
- Get key alerts regarding your BLDR investment
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Builders Firstsource, hit the button below to create your watchlist.
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