Wells Fargo Sticks to Its Hold Rating for Builders Firstsource (BLDR)

Wells Fargo analyst Sam Reid maintained a Hold rating on Builders Firstsource today and set a price target of $87.00.

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According to TipRanks, Reid is a 3-star analyst with an average return of 2.5% and a 48.24% success rate. Reid covers the Consumer Cyclical sector, focusing on stocks such as Toll Brothers, Lennar, and Mohawk.

In addition to Wells Fargo, Builders Firstsource also received a Hold from TipRanks – DeepSeek’s DeepSeek Construction in a report issued today. However, on the same day, Barclays maintained a Buy rating on Builders Firstsource (NYSE: BLDR).

Based on Builders Firstsource’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.36 billion and a net profit of $31.5 million. In comparison, last year the company earned a revenue of $3.82 billion and had a net profit of $190.2 million

Based on the recent corporate insider activity of 71 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BLDR in relation to earlier this year. Last month, Paul Levy, a Director at BLDR bought 50,000.00 shares for a total of $4,386,500.00.