RBC Capital Reaffirms Their Buy Rating on Builders Firstsource (BLDR)

In a report released today, Michael Dahl from RBC Capital maintained a Buy rating on Builders Firstsource, with a price target of $107.00.

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Dahl covers the Consumer Cyclical sector, focusing on stocks such as Mohawk, Whirlpool, and Tri Pointe. According to TipRanks, Dahl has an average return of 9.7% and a 59.59% success rate on recommended stocks.

In addition to RBC Capital, Builders Firstsource also received a Buy from Oppenheimer’s Tyler Batory in a report issued on May 1. However, on May 5, BMO Capital maintained a Hold rating on Builders Firstsource (NYSE: BLDR).

Based on Builders Firstsource’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.29 billion and a GAAP net loss of $47.41 million. In comparison, last year the company earned a revenue of $3.66 billion and had a net profit of $96.3 million

Based on the recent corporate insider activity of 69 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, David E Rush, a Director at BLDR sold 5,000.00 shares for a total of $390,850.00.