BMO Capital Sticks to Its Hold Rating for Builders Firstsource (BLDR)

BMO Capital analyst Ketan Mamtora maintained a Hold rating on Builders Firstsource today and set a price target of $100.00.

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Mamtora covers the Industrials sector, focusing on stocks such as Fortune Brands Innovations, Masco, and Trex Company. According to TipRanks, Mamtora has an average return of 13.4% and a 65.22% success rate on recommended stocks.

In addition to BMO Capital, Builders Firstsource also received a Hold from Bank of America Securities’s Rafe Jadrosich in a report issued today. However, on April 13, Goldman Sachs 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 70 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.