Analyst Recommendations And Earnings Forecast: Builders FirstSource, Inc. (BLDR), McKesson Corporation (MCK)

Builders FirstSource, Inc. (NASDAQ:BLDR) last session’s volume of 2.42 million shares was higher than its average volume of 1.38 million shares. The stock, after opening at $20.55, hit $19.92 through the close by scoring -4.32%.

Builders FirstSource, Inc. (BLDR) Analyst Opinion

Builders FirstSource, Inc. has a consensus outperform rating from 10 Wall Street analysts, and the number of shares currently sold short amount to at least 3.7% of shares outstanding. The stock sank -10.87% last month and is down -8.58 this year. Wall Street is only getting more bullish on the stock, with 8 of analysts who cover BLDR having a buy-equivalent rating. Analysts have placed a $24.5 price target on Builders FirstSource, Inc., suggesting a 22.99% gain from recent close. It’s currently trading about -14.43% below its 52-week high.

Builders FirstSource, Inc. Earnings Surprise

Builders FirstSource, Inc. (BLDR) surprised the stock market in its last reported earnings when it earned $0.39 a piece versus the consensus-estimated $0.38. Its revenue totaled $1.88 billion up 1.74% from the previous quarter.

Builders FirstSource, Inc. (NASDAQ:BLDR) Intraday View

This stock (BLDR) is ahead of its 52-week low with 80.6%. Its last month’s stock price volatility remained 4.83% which for the week stands at 3.12%. The share price has moved backward from its 20 days moving average, trading at a distance of -10.67% and stays -6.38% away from its 50 days moving average. Over the last five days, shares have faced -8.37% losses and now is up 14.32% since hitting its 200-day moving average of $18.51. Builders FirstSource, Inc. (BLDR) has made its way to a 12-month gain of 75.97%.

Turning to McKesson Corporation (NYSE:MCK), its shares were trading at $152.39 a retreat of $-6.82, on the trading floor. The stock, after opening at $158.58, touched a high of $159.64 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.5. McKesson Corporation has 3 buy ratings, 8 holds and 0 sells even after the stock tumbled -14.8% from its high of $178.86 to a $33.18 billion market value through last close.

McKesson Corporation (MCK) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 2.6 to 2.44 during a month. Analysts set a 12-month price target of $183.29 a share. The target implies a 20.28% spike from where the shares are currently trading. Also, the current price highlights a discount of 37.8% to analysts’ high consensus price target.

McKesson Corporation (NYSE:MCK) Intraday Trading

The counter witnessed a trading volume of 2.28 million shares versus an average volume of 1.92 million shares during last trading session. Its last month’s stock price volatility remained 4.02% which for the week approaches 2.57%. The lowest price the stock reached in the last trading day was $152.39 and compares with the $133.82 52-week low. The stock recovered 13.88% since its low point and has performed -2.28% year-to-date.

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