Builders FirstSource

Builders FirstSource, Inc. engages in the supply and manufacture of building materials, manufactured components and construction services to professional homebuilders, subcontractors, remodelers and consumers. Its products include factory-built roof and floor trusses, wall panels and stairs, vinyl windows, custom millwork and trim, and engineered wood. The company was founded by Kevin P. O'Meara, Donald F. McAleenan and John D. Roach in March 1998 and is headquartered in Dallas, TX.

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Builders FirstSource reports record 2022 sales amidst market challenges

Builders FirstSource delivered strong financial performance in 2022, focusing on strategic priorities and acquisitions.
The company faces challenges from commodity deflation and changing market dynamics but remains optimistic about its future.
Opportunities lie in M&A activities, productivity savings initiatives, and digital solutions revenue growth.
Maintaining margins and enhancing customer service are key strengths for Builders FirstSource.

Builders FirstSource exceeds Q1 expectations, eyes growth opportunities ahead

Builders FirstSource demonstrated strong financial performance, operational efficiency, and strategic growth initiatives in Q1 2023.
While facing challenges in the lumber market and backlog normalization, the company is well-positioned to capitalize on opportunities for growth.
With a focus on customer relationships, acquisitions, and productivity enhancements, Builders FirstSource aims to maintain profitability and drive value.
Expectations of exceeding $1.5 billion in free cash flow for 2023 underscore the company's positive outlook and financial strength.

Builders FirstSource exceeds targets, eyes Multi-Family growth amid challenges

Builders FirstSource delivered strong financial performance in Q2 2023, driven by value-added products and strategic acquisitions.
The company's focus on the Multi-Family segment and productivity savings highlights its resilience and growth potential.
Challenges include supply chain strains and margin erosion, but opportunities lie in continued efficiency improvements and Multi-Family expansion.

Builders FirstSource (BLDR) posts strong Q3 results amidst market challenges

Builders FirstSource (BLDR) reported resilient Q3 performance with strong margins and acquisitions driving growth. Despite challenges in multifamily market and margin normalization, BLDR remains confident in navigating market uncertainties and creating value for shareholders.

Builders FirstSource reports strong 2023 performance and outlines growth strategies

Builders FirstSource delivered strong financial performance in 2023 with a focus on operational excellence and innovation.
The company's strategic focus for 2024 includes profitable growth, digital platform deployment, and expansion through M&A.
Challenges include price deflation expectations, weather impacts, and competition in manufactured products.
Opportunities lie in driving growth through digital platforms, installation sales strategy, and productivity initiatives.

Builders FirstSource reports resilient Q1 results amidst market challenges

Builders FirstSource (BLDR) showcased strong financial performance in Q1 2024, driven by value-added products and operational efficiency. Despite market challenges, the company reaffirmed its 2024 guidance, expressing confidence in meeting targets and navigating headwinds.
Strategic strengths in value-added products, digital solutions, and recent acquisitions position the company for growth. Challenges include multifamily market declines, weather-related disruptions, and intense competition, requiring proactive strategies for mitigation.
Opportunities lie in digital tools adoption, disciplined acquisitions, and market consolidation. Leveraging margin normalization, value-added products, and competitive dynamics can drive profitability and market share for Builders FirstSource.

Builders FirstSource reports solid Q2 performance amidst market challenges

Builders FirstSource navigated challenges in Q2 2024 with strong financial performance but revised outlook due to market conditions. The company's focus on investments in value-added products, digital solutions, and acquisitions underscores its commitment to driving growth and enhancing market position.

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Builders FirstSource, Inc. engages in the supply and manufacture of building materials, manufactured components and construction services to professional homebuilders, subcontractors, remodelers and consumers. Its products include factory-built roof and floor trusses, wall panels and stairs, vinyl windows, custom millwork and trim, and engineered wood. The company was founded by Kevin P. O'Meara, Donald F. McAleenan and John D. Roach in March 1998 and is headquartered in Irving, TX.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Should You Invest in Builders FirstSource (BLDR) Based on Bullish Wall Street Views?

IRVING, Texas--(BUSINESS WIRE)--Builders FirstSource, Inc. (NYSE: BLDR) (“Builders FirstSource” or the "Company") will host a conference call and webcast on Thursday, February 22, 2024, to discuss the Company's financial results and other business matters. The teleconference will begin at 8:00 a.m. Central Time and will be hosted by Dave Rush, Chief Executive Officer, and Peter Jackson, Chief Financial Officer. To participate in the teleconference, please dial into the call a few minutes before.

Builders FirstSource to Host Fourth Quarter and Full Year 2023 Financial Results Conference Call and Webcast

Focus on digital enhancement, cost synergies and strategic acquisitions bodes well for Builders FirstSource (BLDR).

Builders FirstSource (BLDR) Up 138% in a Year: What's Driving It?

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DELRAY BEACH, Fla.--(BUSINESS WIRE)--Anchor Peabody is pleased to announce that it has represented Encore Building Products (“Encore”), a leading distributor and retailer of lumber, flooring, and other building materials, in its sale to Builders FirstSource (NYSE: BLDR), the nation's largest supplier of structural building products and value-added components and services to the professional residential construction market. Headquartered in Springdale, Arkansas, Encore serves professional contra.

Anchor Peabody Represents Encore Building Products in its Sale to Builders FirstSource

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Builders FirstSource Snaps Up Praise From Wall Street Ahead of S&P 500 Debut

IRVING, Texas--(BUSINESS WIRE)--Builders FirstSource, Inc. (NYSE: BLDR) (“Builders FirstSource” or the "Company") will host its 2023 Investor Day today in Atlanta, beginning at 8:30 a.m. EST. The formal presentations are expected to conclude at approximately 11:30 a.m. EST. Members of the executive management team will present a detailed overview of the Company's long-term strategic vision and financial growth drivers, as well as key initiatives related to digital solutions, commercial and oper.

Builders FirstSource Hosts 2023 Investor Day

Builders FirstSource reported earnings for a challenging period, but comparisons with this year will be crucial for its prospects in mid-2024. The business is attractively priced at 7x next year's free cash flows, with numerous compelling aspects that make it a worthwhile investment. BLDR's revenue growth rates are improving, and analysts believe it will deliver mid-single-digit growth rates in 2024, making it a highly profitable investment.

Builders FirstSource: Ready For 2024, A Bargain Opportunity, 7x FCF

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Uber Technologies, Jabil and Builders FirstSource Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

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Builders FirstSource (BLDR) reported earnings 30 days ago. What's next for the stock?

Why Is Builders FirstSource (BLDR) Up 10.6% Since Last Earnings Report?

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Home sales hit a 13-year low

Builders FirstSource (BLDR) is benefiting from solid contributions from its strategic acquisitions, productivity savings and investments on its digital platform.

Here's Why Builders FirstSource (BLDR) Surged 121% in the Past Year

Builders FirstSource, Inc.'s stock has increased by ~90% since my previous coverage late last year. The company's revenue outlook is positive, with indications that the housing market is near the bottom of the current cycle. Builders FirstSource has a strong track record of gaining market share and is well-positioned for future growth.

Builders FirstSource Is A Good Buy At Current Levels

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The mean of analysts' price targets for Builders FirstSource (BLDR) points to a 38.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Does Builders FirstSource (BLDR) Have the Potential to Rally 38.11% as Wall Street Analysts Expect?

Builders FirstSource's (BLDR) third quarter witnesses a weaker housing market and commodity deflation.

Builders FirstSource (BLDR) Q3 Earnings Beat, Margins Down

Builders FirstSource, Inc. (NYSE:BLDR ) Q3 2023 Earnings Conference Call November 1, 2023 9:00 AM ET Company Participants Heather Kos - Senior Vice President, Investor Relations Dave Rush - Chief Executive Officer Peter Jackson - Chief Financial Officer Conference Call Participants Matthew Bouley - Barclays Trey Grooms - Stephens Joe Ahlersmeyer - Deutsche Bank Keith Hughes - Truist Collin Verron - Jefferies Adam Baumgarten - Zelman Kurt Yinger - D.A. Davidson Quinn Fredrickson - Baird Mike Dahl - RBC Capital Markets Ketan Mamtora - BMO Capital Markets Steven Ramsey - Thompson Research Group Operator Good day.

Builders FirstSource, Inc. (BLDR) Q3 2023 Earnings Call Transcript

Builders FirstSource (BLDR) came out with quarterly earnings of $4.24 per share, beating the Zacks Consensus Estimate of $4.05 per share. This compares to earnings of $5.20 per share a year ago.

Builders FirstSource (BLDR) Surpasses Q3 Earnings Estimates

News for Builders FirstSource Stock (BLDR)