With 4.28 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.86 million shares. The 52-week range on BLDR shows that it touched its highest point at $203.14 and its lowest point at $103.81 during that stretch. It currently has a 1-year price target of $143.53. Beta for the stock currently stands at 1.75.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BLDR was up-trending over the past week, with a rise of 15.55%, but this was up by 2.41% over a month. Three-month performance dropped to -20.72% while six-month performance fell -30.91%. The stock lost -26.85% in the past year, while it has lost -13.38% so far this year. A look at the trailing 12-month EPS for BLDR yields 7.79 with Next year EPS estimates of 9.49. For the next quarter, that number is 2.26. This implies an EPS growth rate of -31.03% for this year and 18.97% for next year. EPS is expected to grow by 2.11% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 36.74%.
Float and Shares Shorts:
At present, 113.73 million BLDR shares are outstanding with a float of 108.00 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BLDR since 6 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $11.08907 being high and $10.8128 being low. For BLDR, this leads to a yearly average estimate of $10.9557. Based on analyst estimates, the high estimate for the next quarter is $2.95 and the low estimate is $1.85. The average estimate for the next quarter is thus $2.56.
