Investors Have High Expectations for Builders FirstSource
Originally published by: Investing.com — October 1, 2020
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BTIG analyst Ryan Gilbert reiterated a Buy rating on Builders FirstSource on Thursday, setting a price target of $35, which is approximately 7.30% above the present share price of $32.62.
Gilbert expects Builders FirstSource to post earnings per share (EPS) of $0.68 for the fourth quarter of 2020.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in Builders FirstSource, with an average price target of $34.38.
The analysts price targets range from a high of $37 to a low of $30.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $1.95 billion and a net profit of $129.26 million. The company's market cap is $3.81 billion.
According to TipRanks.com, BTIG analyst Ryan Gilbert is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 18.1% and a 82.61% success rate.