Builders FirstSource Inc (BLDR) stock experienced a significant increase of 7.99% in mid-day trading on November 25th. The stock rose to an intraday high of $193.82 before closing at $192.79, up from the previous day’s closing price of $178.52. Despite this surge, BLDR is still 10.21% below its 52-week high of $214.70 but is currently trading 47.45% above its 52-week low of $130.75. The trading volume for the day was 328,301 shares, representing 26.4% of the average daily volume of 1,245,016.
According to the forecasts of 18 analysts, the average one-year target price for Builders FirstSource Inc (BLDR) is $211.59, with a high estimate of $232.00 and a low estimate of $175.00. This average target price suggests a potential upside of 9.75% from the current price of $192.79. The consensus recommendation from 17 brokerage firms is currently at 1.9, indicating an “Outperform” status for BLDR. This rating scale ranges from 1 (Strong Buy) to 5 (Sell).
GuruFocus estimates the GF Value for Builders FirstSource Inc (BLDR) in one year to be $124.67, indicating a potential downside of 35.33% from the current price of $192.79. The GF Value is calculated based on historical trading multiples, past business growth, and future performance estimates. It is essential to note that this analysis is not personalized financial advice and should not be solely relied upon for investment decisions.
While this data provides valuable insights into the performance and potential of Builders FirstSource Inc (BLDR) stock, investors should consider other factors such as recent company announcements and qualitative information before making any investment decisions. It is important to conduct thorough research and consult with a financial advisor to align investments with individual objectives and financial circumstances.