Oak Thistle LLC Divests 7622 Shares of Builders FirstSource,
January 5, 2024
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Oak Thistle LLC recently divested 7622 shares of Builders ($NYSE:BLDR) FirstSource, Inc. stock. This decision prompted a decline in the company’s stock value, though the exact impact has yet to be determined. Builders FirstSource, Inc. is a leading supplier of building materials and manufactured components for new home construction in the United States, providing customers with a wide range of products and personalized service. Its subsidiaries are located in most major metropolitan areas throughout the US, and it is publicly traded on the NASDAQ under the ticker symbol BLDR.
The company has a long history of providing quality products and services to its customers, and it has been a leader in innovation in the homebuilding industry. With its recent divestment, shareholders will be interested to see how the stock value responds in the coming weeks.
Share Price
In response to the divestment, the stock opened at $163.9 and closed at $165.4, a decrease of 0.9% from the previous closing price of 166.9. The divestment was a sign of diminishing confidence in the company’s future prospects. Despite this, BUILDERS FIRSTSOURCE remains a popular choice among investors, suggesting that it may still have potential to rise further in value. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Builders Firstsource. More…
| Total Revenues | Net Income | Net Margin |
| 17.3k | 1.57k | 9.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Builders Firstsource. More…
| Operations | Investing | Financing |
| 2.67k | -616.24 | -2.05k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Builders Firstsource. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 10.74k | 6.16k | 37.14 |
Key Ratios Snapshot
Some of the financial key ratios for Builders Firstsource are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 30.5% | 76.1% | 12.8% |
| FCF Margin | ROE | ROA |
| 12.5% | 31.0% | 12.9% |
Analysis
GoodWhale has conducted an analysis of BUILDERS FIRSTSOURCE’s financials and classified the company as ‘rhino’, indicating that it has achieved moderate revenue or earnings growth. This makes BUILDERS FIRSTSOURCE an attractive option for investors who are looking to invest in a company with a good track record in terms of growth. Additionally, BUILDERS FIRSTSOURCE has a high health score of 8/10, indicating its cash flows and debt are in a strong position and it is capable of riding out any crisis without the risk of bankruptcy. Furthermore, BUILDERS FIRSTSOURCE is strong in terms of growth and profitability; however, its dividend yield is relatively weak compared to other similar companies. Overall, we believe BUILDERS FIRSTSOURCE is an attractive proposition for investors who are looking for medium-term gains with a low risk of bankruptcy. More…
Peers
The company’s competitors include Noda Corp, Eurocell PLC, and Masco Corp.
– Noda Corp ($TSE:7879)
Noda Corp is a Japanese company that manufactures and sells electronic products. The company has a market cap of 19.66B as of 2022 and a ROE of 17.42%. The company’s products include digital cameras, digital camcorders, digital photo frames, and digital audio players.
– Eurocell PLC ($LSE:ECEL)
Eurocell PLC is a provider of building products and solutions in the United Kingdom. The company offers PVC-U, composite, and aluminum products for the construction, refurbishment, and maintenance sectors. It also provides ancillary products, such as trims, fixings, and adhesives. The company offers its products through a network of trade branches and stockists.
– Masco Corp ($NYSE:MAS)
Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. The Company’s products include cabinetry, plumbing, door and window hardware, and decorative architectural products. The Company operates through four segments: Plumbing Products, Decorative Architectural Products, Cabinetry Products and International. The Plumbing Products segment designs, manufactures and distributes faucets, showerheads, shower systems, bath hardware and other plumbing products for the home under the Delta®, Hansgrohe®, Brizo®, Peerless®, Globe Union®, Show House®, Newport Brass®, KOHLER® and Jado® brands. The Decorative Architectural Products segment provides a broad range of products, including builder hardware, window hardware, cabinet hardware, wall plates, hooks and other decorative products under the Kwikset®, Weiser Lock®, Baldwin®, National Hardware®, Stanley Hardware®, Emtek®, Atlas Homewares®, Alno® and Belwith® brands. The Cabinetry Products segment is a leading manufacturer and distributor of branded kitchen and bath cabinets and related accessories under the KraftMaid®, Merillat®, QualityCabinets®, DeKor®, UltraCraft®, Wellborn Forest® and Kitchen Kompact® brands. The International segment provides products for the global kitchen and bath markets under the same brands as the Cabinetry Products segment.
Summary
Investors in Builders FirstSource, Inc. have been given cause for optimism lately, as Oak Thistle LLC recently purchased 7622 shares of the company. This suggests that the confidence in the company is growing, and could be a sign of a strong performance in the near future. Analysts have suggested that current investors should look to increase their holdings in the company, as the stock price could continue to appreciate in the coming months.
As the economy continues to recover from the coronavirus pandemic, now could be a great time to invest in Builders FirstSource as demand for their products rises. Investors should therefore make sure to do their due diligence and research before investing in the company.
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