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Builders FirstSource (NYSE:BLDR - Get Rating) will announce its earnings results before the market opens on Monday, August 1st. Analysts expect the company to announce earnings of $2.91 per share for the quarter. Investors that wish to listen to the company's conference call can do so using this link.

Builders FirstSource (NYSE:BLDR - Get Rating) last posted its earnings results on Tuesday, May 10th. The company reported $3.90 earnings per share for the quarter, topping the consensus estimate of $2.15 by $1.75. The firm had revenue of $5.68 billion during the quarter, compared to the consensus estimate of $4.69 billion. Builders FirstSource had a net margin of 8.67% and a return on equity of 39.10%. The company's revenue was up 36.1% on a year-over-year basis. During the same quarter last year, the company earned $1.10 earnings per share. On average, analysts expect Builders FirstSource to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year. Builders FirstSource Price Performance

BLDR opened at $65.56 on Monday. The company has a market capitalization of $11.59 billion, a price-to-earnings ratio of 7.70 and a beta of 2.27. The company has a quick ratio of 1.10, a current ratio of 1.86 and a debt-to-equity ratio of 0.61. The firm has a 50-day moving average price of $60.36 and a 200-day moving average price of $65.97. Builders FirstSource has a twelve month low of $43.01 and a twelve month high of $86.48. Analyst Ratings Changes

Several equities analysts have recently weighed in on BLDR shares. BMO Capital Markets reduced their target price on shares of Builders FirstSource from $96.00 to $90.00 in a research note on Tuesday, May 17th. Bryan, Garnier & Co cut shares of Builders FirstSource from a "buy" rating to a "neutral" rating and set a $71.00 price objective for the company. in a research note on Wednesday, April 6th. Wedbush boosted their price objective on shares of Builders FirstSource from $105.00 to $110.00 in a research note on Friday, May 13th. B. Riley cut shares of Builders FirstSource from a "buy" rating to a "neutral" rating and set a $71.00 price objective for the company. in a research note on Wednesday, April 6th. Finally, Barclays reduced their price objective on shares of Builders FirstSource from $106.00 to $86.00 and set an "overweight" rating for the company in a research note on Thursday, July 14th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $91.75.Insider Transactions at Builders FirstSource

In other news, Director Floyd F. Sherman sold 35,000 shares of the business's stock in a transaction that occurred on Tuesday, June 14th. The shares were sold at an average price of $55.09, for a total value of $1,928,150.00. Following the completion of the sale, the director now directly owns 13,972 shares in the company, valued at approximately $769,717.48. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.30% of the company's stock. Institutional Investors Weigh In On Builders FirstSource

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Builders FirstSource by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 17,422,176 shares of the company's stock valued at $1,124,428,000 after buying an additional 86,484 shares during the last quarter. Wellington Management Group LLP raised its holdings in Builders FirstSource by 14.8% during the 1st quarter. Wellington Management Group LLP now owns 11,277,012 shares of the company's stock valued at $727,819,000 after buying an additional 1,455,580 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Builders FirstSource by 38.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,405,938 shares of the company's stock valued at $90,739,000 after buying an additional 391,933 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Builders FirstSource by 74.9% during the 1st quarter. Renaissance Technologies LLC now owns 745,641 shares of the company's stock valued at $48,124,000 after buying an additional 319,408 shares during the last quarter. Finally, LSV Asset Management increased its position in Builders FirstSource by 4.9% during the 1st quarter. LSV Asset Management now owns 143,900 shares of the company's stock valued at $9,287,000 after purchasing an additional 6,700 shares during the period. 97.15% of the stock is currently owned by institutional investors. Builders FirstSource Company Profile (Get Rating)

Builders FirstSource, Inc, together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, steel roof trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior and exterior trims and custom products under the Synboard brand name.Featured StoriesGet a free copy of the StockNews.com research report on Builders FirstSource (BLDR)How to Find and Determine Which Stocks Are Worth Holding Through a Bear Market Trip Advisor Stock Might Be Ready for a RideSnowflake Stock May Have Stopped FallingThree Watchlist Stocks to Capitalize on Sector RotationMarketBeat: Week in Review 7/18 – 7/22

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