Builders FirstSource (BLDR) Slides Before Earnings, Is The 34% Undervaluation Real?

Builders FirstSource (BLDR) moved lower even as the broader market gained, as investors focused on its upcoming October 29 earnings report and expectations for weaker earnings per share and softer revenue compared with last year. Over the past year, Builders FirstSource has shifted from strong earlier gains to clear negative momentum, with the share price down 13.9% over the past month and 30.2% over the last 90 days, while the 1 year total shareholder return has declined 56.9%. This signals...