Builders Q1 Sales Slumps, Lowers FY25 Outlook, Cites Housing Market Weakness
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 01 2025
0mins
Source: Benzinga
Earnings Report: Builders FirstSource, Inc. reported a 6% year-on-year decline in sales to $3.66 billion for Q1 FY25, with adjusted EPS of $1.51 beating estimates. The company also lowered its FY25 sales guidance and anticipates a decrease in Single-Family and Multi-Family starts.
Stock Performance and Buyback: Shares of Builders FirstSource fell by 3.08% premarket, while the company authorized a $500 million share repurchase program, including $100 million remaining from a previous authorization.
Analyst Views on ZIG
Wall Street analysts forecast ZIG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ZIG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 38.879
Low
Averages
High
Current: 38.879
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
