Market Movers

Builders FirstSource, Inc.’s Stock Price Takes a Dive to $167.67, Down by 5.81%

By January 24, 2024 No Comments

Builders FirstSource, Inc. (BLDR)

167.67 USD -10.35 (-5.81%) Volume: 2.45M

Builders FirstSource, Inc.’s stock price is currently at 167.67 USD, experiencing a decline of 5.81% this trading session with a trading volume of 2.45M, yet maintaining a marginal year-to-date increase of 0.44%.


Latest developments on Builders FirstSource, Inc.

Today, the stock price of Builders FirstSource, Inc. (NYSE:BLDR) saw movement after a series of key events. SQWINCHER HIGHLIGHTS saw the team from Builders FirstSource rally for a win at Elimination Match 3 of Lucas Oil Qualifier in Major League Fishing. Additionally, Principal Financial Group Inc. announced a stake cut in the company, which may have impacted the stock price. Empirical Financial Services LLC, also known as Empirical Wealth Management, also boosted their stake in Builders FirstSource, Inc., further highlighting investor interest in the company. These events may have contributed to the movement of Builders FirstSource’s stock price today.


A look at Builders FirstSource, Inc. Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Builders FirstSource, Inc. is a company that creates and delivers building materials to homebuilders who are professionals. According to Smartkarma’s Smart Scores, the overall outlook for Builders FirstSource is positive. The company has a value score of 3, which means it is considered to be a good value for investors. However, its dividend score is only 1, indicating that it may not be a strong option for those seeking steady returns. On the other hand, the company has a strong growth score of 5, suggesting that it has a promising future. In terms of resilience, Builders FirstSource scores a 3, showing that it has the potential to withstand market volatility. Finally, with a momentum score of 5, the company is currently performing well and has positive momentum for future growth.

Based on these scores, Builders FirstSource appears to have a bright long-term outlook. With a good value and strong growth potential, it may be an attractive option for investors looking for a company with room for growth. However, its lower dividend score may not make it an ideal choice for those seeking steady income. Overall, Builders FirstSource seems to be a resilient company that is currently performing well and has positive momentum for future success. As always, it is important for investors to conduct their own research and carefully consider all factors before making any investment decisions.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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