BLDR Stock Summary and Trading Ideas (Builders Firstsource | NYSE:BLDR)

Builders FirstSource Inc is a manufacturer and supplier of building materials. The company offers structural and related building products such as factory-built roof and floor trusses, wall panels and stairs, vinyl windows, custom millwork and trim, and engineered wood. The products can be designed for each home individually and are installed by Builders FirstSource. The company's construction-related services include professional installation, turn-key framing, and shell construction. Builders FirstSource's customers range from large production builders to small custom homebuilders.

Builders Firstsource trades on the NYSE stock market under the symbol BLDR.

As of October 31, 2024, BLDR stock price declined to $171.40 with 658,949 million shares trading.

BLDR has a beta of 1.93, meaning it tends to be more sensitive to market movements. BLDR has a correlation of 0.29 to the broad based SPY ETF.

BLDR has a market cap of $19.96 billion. This is considered a Large Cap stock.

Last quarter Builders Firstsource reported $4 billion in Revenue and $3.50 earnings per share. This fell short of revenue expectation by $-24 million and exceeded earnings estimates by $.47.

In the last 3 years, BLDR traded as high as $214.70 and as low as $48.91.

The top ETF exchange traded funds that BLDR belongs to (by Net Assets): VTI, VOO, VB, VBR, COWZ.

BLDR has outperformed the market in the last year with a return of +59.8%, while the SPY ETF gained +38.5%. However, in the most recent history, BLDR shares have underperformed the stock market with its stock returning +2.2% in the last 3 month period and -13.5% for the last 2 week period, while SPY has returned +5.2% and -2.3%, respectively.

BLDR support price is $168.71 and resistance is $177.05 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BLDR shares will trade within this expected range on the day.