RBC Capital analyst Michael Dahl maintained a Buy rating on Builders Firstsource (NASDAQ:BLDR) on Friday, setting a price target of $48, which is approximately 21.12% above the present share price of $39.63.
Dahl expects Builders Firstsource to post earnings per share (EPS) of $0.74 for the first quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Strong Buy rating of shares in Builders Firstsource, with an average price target of $47.36.
The analysts price targets range from a high of $58 to a low of $39.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $2.3 billion and a net profit of $139.76 million. The company's market cap is $8.13 billion.
According to TipRanks.com, RBC Capital analyst Michael Dahl is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 4.9% and a 54.27% success rate.
Builers FirstSource, Inc. engages in the supply and manufacture of building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers. It operates through the following segments: Northeast, Southeast, South, and West. Its products includes factory-built roof and floor trusses, wall panels and stairs, vinyl windows, custom millwork and trim, as well as engineered wood. The company was founded by Kevin P. O'Meara, Donald F. McAleenan, and John D. Roach in March 1998 and is headquartered in Dallas, TX.