|Bid||0.00 x 1300|
|Ask||0.00 x 1200|
|Day's range||134.32 - 137.92|
|52-week range||60.43 - 156.85|
|Beta (5Y monthly)||2.04|
|PE ratio (TTM)||11.30|
|Earnings date||26 Feb 2024 - 01 Mar 2024|
|Forward dividend & yield||N/A (N/A)|
|1y target est||162.00|
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.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The average brokerage recommendation (ABR) for Builders FirstSource (BLDR) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?