Watch for Continued Gains in Shares of Builders FirstSource Inc.

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Builders FirstSource Inc. BLDR traded at a new 12-month high today of $69.30. So far today approximately 471,000 shares have been exchanged, as compared to an average 30-day volume of 4 million shares.

In the past 12 months, Builders FirstSource Inc. share prices are bracketed by a low of $21.11 and a high of $69.30 and are now at $67.45, 219% above that low price.

Based on a current price of $67.45, Builders FirstSource Inc. is currently 50.9% above its average consensus analyst price target of $33.12.

Builders FirstSource Inc. is a manufacturer and supplier of building materials. The company offers structural and related building products such as factory-built roof and floor trusses, wall panels and stairs, vinyl windows, custom millwork and trim, and engineered wood. The products can be designed for each home individually and are installed by Builders FirstSource. The company’s construction-related services include professional installation, turn-key framing and shell construction. Builders FirstSource’s customers range from large production builders to small custom homebuilders.

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