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BLDR · Builders FirstSource

USDPartial · stale

Sources: StockAnalysis

Saved price$60.68
Analyst 12M target
$67.36
Difference from current price
+11.0%
12M target range
$50.00 – $83.00
Estimate agreement
44%

Price history & SEC filings

Up day Down day SEC filing
2026-09-15
Open
$60.23
High
$60.63
Low
$59.05
Close
$60.20
Change
-0.0%
Volume
3.2M

Price and SEC filing data

  • 2026-03-16: Open $88.23, High $89.89, Low $86.69, Close $87.02, Volume 2.4M.
  • 2026-03-17: Open $90.00, High $91.40, Low $88.81, Close $90.68, Volume 2.9M.
  • 2026-03-18: Open $89.49, High $90.63, Low $86.43, Close $86.62, Volume 2.2M.
  • 2026-03-19: Open $85.20, High $85.54, Low $82.75, Close $84.49, Volume 2.1M.
  • 2026-03-20: Open $83.80, High $84.48, Low $80.00, Close $81.22, Volume 3.9M.
  • 2026-03-23: Open $84.57, High $86.64, Low $83.33, Close $84.66, Volume 2.2M.
  • 2026-03-24: Open $82.59, High $86.10, Low $82.53, Close $83.94, Volume 1.7M.
  • 2026-03-25: Open $85.85, High $86.84, Low $81.92, Close $85.41, Volume 1.7M.
  • 2026-03-26: Open $83.52, High $86.00, Low $81.67, Close $82.17, Volume 1.3M.
  • 2026-03-27: Open $81.37, High $82.34, Low $80.16, Close $80.43, Volume 1.5M.
  • 2026-03-30: Open $81.50, High $81.66, Low $78.55, Close $78.85, Volume 1.9M.
  • 2026-03-31: Open $80.72, High $84.47, Low $80.29, Close $82.33, Volume 2.1M.
  • 2026-04-01: Open $82.30, High $83.09, Low $80.89, Close $80.97, Volume 1.8M.
  • 2026-04-02: Open $79.01, High $81.83, Low $76.50, Close $79.12, Volume 2.4M.
  • 2026-04-06: Open $78.73, High $82.19, Low $78.22, Close $82.06, Volume 2M.
  • 2026-04-07: Open $80.80, High $80.96, Low $77.58, Close $78.93, Volume 2.3M.
  • 2026-04-08: Open $84.20, High $86.82, Low $82.00, Close $83.09, Volume 2.6M.
  • 2026-04-09: Open $82.76, High $86.23, Low $82.16, Close $85.21, Volume 1.7M.
  • 2026-04-10: Open $85.00, High $87.11, Low $83.70, Close $85.30, Volume 1.3M.
  • 2026-04-13: Open $84.27, High $87.68, Low $82.69, Close $87.53, Volume 2.1M.
  • 2026-04-14: Open $87.53, High $88.95, Low $86.97, Close $87.77, Volume 1.2M.
  • 2026-04-15: Open $87.80, High $88.01, Low $83.93, Close $85.13, Volume 1.8M.
  • 2026-04-16: Open $85.03, High $86.25, Low $83.15, Close $83.90, Volume 2.3M.
  • 2026-04-17: Open $89.05, High $92.24, Low $87.66, Close $88.50, Volume 2.7M.
  • 2026-04-20: Open $88.12, High $91.74, Low $86.52, Close $91.32, Volume 2.6M.
  • 2026-04-21: Open $93.01, High $94.97, Low $89.09, Close $89.76, Volume 2M.
  • 2026-04-22: Open $91.50, High $91.83, Low $89.29, Close $90.63, Volume 1.5M.
  • 2026-04-23: Open $90.63, High $91.90, Low $88.66, Close $90.14, Volume 2.1M.
  • 2026-04-24: Open $90.42, High $91.29, Low $89.38, Close $90.04, Volume 1.2M.
  • 2026-04-27: Open $89.86, High $91.70, Low $88.86, Close $89.88, Volume 1.5M.
  • 2026-04-28: Open $90.03, High $90.82, Low $87.57, Close $88.12, Volume 2M.
  • 2026-04-29: Open $87.86, High $88.07, Low $83.17, Close $83.38, Volume 4.4M.
  • 2026-04-30: Open $83.49, High $85.88, Low $77.86, Close $79.09, Volume 5.9M.
  • 2026-05-01: Open $79.84, High $79.97, Low $75.38, Close $75.72, Volume 3.7M.
  • 2026-05-04: Open $75.00, High $76.41, Low $73.50, Close $73.75, Volume 4.2M.
  • 2026-05-05: Open $74.98, High $75.96, Low $73.40, Close $74.56, Volume 2.8M.
  • 2026-05-06: Open $77.74, High $81.45, Low $77.31, Close $80.03, Volume 3.6M.
  • 2026-05-07: Open $81.29, High $83.23, Low $79.25, Close $79.41, Volume 3.7M.
  • 2026-05-08: Open $78.99, High $79.98, Low $77.27, Close $77.40, Volume 2M.
  • 2026-05-11: Open $77.11, High $77.46, Low $74.58, Close $74.88, Volume 2.2M.
  • 2026-05-12: Open $74.57, High $74.96, Low $72.10, Close $72.78, Volume 3.1M.
  • 2026-05-13: Open $72.10, High $72.62, Low $70.61, Close $72.32, Volume 2.8M.
  • 2026-05-14: Open $72.59, High $74.29, Low $71.71, Close $73.58, Volume 2.3M.
  • 2026-05-15: Open $72.23, High $73.00, Low $69.86, Close $70.41, Volume 2.9M.
  • 2026-05-18: Open $70.59, High $72.95, Low $69.91, Close $70.18, Volume 2.2M.
  • 2026-05-19: Open $69.00, High $69.98, Low $66.14, Close $66.39, Volume 2.8M.
  • 2026-05-20: Open $66.40, High $71.36, Low $65.10, Close $71.23, Volume 3.3M.
  • 2026-05-21: Open $69.68, High $74.07, Low $67.88, Close $73.86, Volume 3.2M.
  • 2026-05-22: Open $73.91, High $74.99, Low $71.93, Close $74.15, Volume 1.9M.
  • 2026-05-26: Open $74.41, High $76.50, Low $74.00, Close $74.41, Volume 1.9M.
  • 2026-05-27: Open $76.50, High $79.82, Low $76.50, Close $77.47, Volume 2.6M.
  • 2026-05-28: Open $76.02, High $77.31, Low $74.55, Close $76.72, Volume 2.5M.
  • 2026-05-29: Open $76.46, High $77.63, Low $75.89, Close $76.26, Volume 10.2M.
  • 2026-06-01: Open $76.00, High $76.67, Low $74.34, Close $75.62, Volume 2.1M.
  • 2026-06-02: Open $75.78, High $76.24, Low $73.63, Close $75.37, Volume 1.7M.
  • 2026-06-03: Open $74.04, High $75.08, Low $72.79, Close $74.26, Volume 2.2M.
  • 2026-06-04: Open $75.07, High $76.44, Low $73.37, Close $74.98, Volume 2.3M.
  • 2026-06-05: Open $73.84, High $75.19, Low $72.06, Close $73.64, Volume 2.4M.
  • 2026-06-08: Open $72.54, High $74.03, Low $71.50, Close $73.12, Volume 1.8M.
  • 2026-06-09: Open $73.75, High $78.39, Low $73.61, Close $77.54, Volume 3.1M.
  • 2026-06-10: Open $77.32, High $78.75, Low $74.59, Close $74.62, Volume 3M.
  • 2026-06-11: Open $74.81, High $78.75, Low $72.66, Close $78.57, Volume 2.4M.
  • 2026-06-12: Open $79.00, High $79.76, Low $77.45, Close $77.77, Volume 1.5M.
  • 2026-06-15: Open $80.68, High $82.32, Low $77.37, Close $77.81, Volume 2M.
  • 2026-06-16: Open $78.45, High $80.50, Low $78.26, Close $78.74, Volume 1.6M.
  • 2026-06-17: Open $78.08, High $82.56, Low $75.94, Close $76.14, Volume 3.6M.
  • 2026-06-18: Open $78.36, High $82.69, Low $77.50, Close $80.59, Volume 3.6M.
  • 2026-06-22: Open $80.00, High $80.51, Low $76.99, Close $77.33, Volume 2.1M.
  • 2026-06-23: Open $76.02, High $79.32, Low $76.02, Close $76.73, Volume 1.6M.
  • 2026-06-24: Open $79.16, High $86.49, Low $79.09, Close $85.41, Volume 3.6M.
  • 2026-06-25: Open $86.09, High $90.11, Low $86.05, Close $88.72, Volume 3.2M.
  • 2026-06-26: Open $87.46, High $90.00, Low $87.46, Close $89.14, Volume 3.1M.
  • 2026-06-29: Open $88.52, High $90.61, Low $86.14, Close $90.51, Volume 2.3M.
  • 2026-06-30: Open $90.66, High $90.96, Low $88.90, Close $89.48, Volume 1.9M.
  • 2026-07-01: Open $88.22, High $89.57, Low $84.62, Close $84.77, Volume 2.3M.
  • 2026-07-02: Open $86.10, High $86.56, Low $82.57, Close $84.69, Volume 1.7M.
  • 2026-07-06: Open $84.92, High $85.47, Low $80.83, Close $82.33, Volume 1.8M.
  • 2026-07-07: Open $82.03, High $83.36, Low $78.07, Close $78.42, Volume 3.6M.
  • 2026-07-08: Open $76.66, High $76.66, Low $72.97, Close $74.20, Volume 2.5M.
  • 2026-07-09: Open $75.52, High $76.24, Low $73.82, Close $74.54, Volume 1.8M.
  • 2026-07-10: Open $75.07, High $77.58, Low $75.07, Close $75.69, Volume 1.3M.
  • 2026-07-13: Open $75.25, High $77.11, Low $73.01, Close $73.51, Volume 1.6M.
  • 2026-07-14: Open $75.02, High $76.04, Low $73.51, Close $75.16, Volume 1.8M.
  • 2026-07-15: Open $75.53, High $77.02, Low $74.55, Close $76.05, Volume 1.6M.
  • 2026-07-16: Open $74.79, High $79.53, Low $74.79, Close $78.20, Volume 1.5M.
  • 2026-07-17: Open $77.67, High $79.99, Low $73.90, Close $74.26, Volume 2.3M.
  • 2026-07-20: Open $74.50, High $74.52, Low $72.33, Close $72.70, Volume 2.1M.
  • 2026-07-21: Open $71.75, High $72.92, Low $69.71, Close $69.74, Volume 3.7M.
  • 2026-07-22: Open $70.50, High $72.54, Low $70.28, Close $71.03, Volume 1.8M.
  • 2026-07-23: Open $69.56, High $70.88, Low $69.00, Close $70.55, Volume 2M.
  • 2026-07-24: Open $70.93, High $74.68, Low $70.69, Close $72.86, Volume 1.8M.
  • 2026-07-27: Open $74.30, High $75.72, Low $72.14, Close $72.72, Volume 1.6M.
  • 2026-07-28: Open $74.00, High $75.70, Low $72.68, Close $73.68, Volume 1.9M.
  • 2026-07-29: Open $72.09, High $72.65, Low $67.41, Close $67.76, Volume 5.1M.
  • 2026-07-30: Open $66.40, High $69.86, Low $65.11, Close $66.01, Volume 4.6M.
  • 2026-07-31: Open $65.75, High $66.81, Low $65.10, Close $66.44, Volume 3.1M.
  • 2026-08-03: Open $68.49, High $73.01, Low $68.49, Close $72.48, Volume 3M.
  • 2026-08-04: Open $73.00, High $75.54, Low $72.15, Close $75.37, Volume 2.2M.
  • 2026-08-05: Open $74.24, High $76.29, Low $74.24, Close $75.86, Volume 1.7M.
  • 2026-08-06: Open $74.46, High $75.15, Low $71.92, Close $72.51, Volume 2.3M.
  • 2026-08-07: Open $73.56, High $76.80, Low $73.56, Close $74.69, Volume 2.1M.
  • 2026-08-10: Open $73.50, High $73.83, Low $71.41, Close $71.98, Volume 1.7M.
  • 2026-08-11: Open $72.55, High $75.19, Low $72.45, Close $75.10, Volume 2M.
  • 2026-08-12: Open $75.44, High $75.50, Low $70.96, Close $72.41, Volume 1.7M.
  • 2026-08-13: Open $73.44, High $75.20, Low $73.01, Close $73.56, Volume 1.4M.
  • 2026-08-14: Open $73.55, High $74.74, Low $72.29, Close $72.51, Volume 1.4M.
  • 2026-08-17: Open $72.10, High $72.10, Low $69.38, Close $70.21, Volume 1.6M.
  • 2026-08-18: Open $69.90, High $70.47, Low $67.52, Close $67.62, Volume 1.3M.
  • 2026-08-19: Open $70.20, High $73.04, Low $69.38, Close $72.55, Volume 2M.
  • 2026-08-20: Open $70.85, High $70.92, Low $69.13, Close $70.32, Volume 1.6M.
  • 2026-08-21: Open $70.12, High $71.36, Low $69.48, Close $70.21, Volume 1.6M.
  • 2026-08-24: Open $70.78, High $72.72, Low $70.19, Close $70.22, Volume 2.1M.
  • 2026-08-25: Open $71.56, High $71.61, Low $68.62, Close $69.36, Volume 2M.
  • 2026-08-26: Open $69.71, High $70.42, Low $68.40, Close $68.67, Volume 1.2M.
  • 2026-08-27: Open $68.10, High $68.58, Low $66.61, Close $67.21, Volume 1.7M.
  • 2026-08-28: Open $67.82, High $69.41, Low $66.17, Close $67.72, Volume 1.7M.
  • 2026-08-31: Open $66.99, High $67.37, Low $65.78, Close $66.40, Volume 2.9M.
  • 2026-09-01: Open $65.43, High $65.98, Low $62.31, Close $62.79, Volume 3.8M.
  • 2026-09-02: Open $63.00, High $64.77, Low $62.90, Close $63.09, Volume 2.3M.
  • 2026-09-03: Open $64.98, High $65.72, Low $62.51, Close $64.18, Volume 1.6M.
  • 2026-09-04: Open $64.04, High $66.69, Low $63.79, Close $65.79, Volume 2.4M.
  • 2026-09-08: Open $65.60, High $65.80, Low $62.55, Close $62.58, Volume 2.8M.
  • 2026-09-09: Open $62.00, High $63.09, Low $61.19, Close $61.39, Volume 2.4M.
  • 2026-09-10: Open $61.26, High $61.26, Low $58.13, Close $58.97, Volume 3.4M.
  • 2026-09-11: Open $59.27, High $61.02, Low $58.41, Close $60.37, Volume 2M.
  • 2026-09-14: Open $59.54, High $61.48, Low $59.47, Close $60.24, Volume 2.6M.
  • 2026-09-15: Open $60.23, High $60.63, Low $59.05, Close $60.20, Volume 3.2M.
  • 4 · Other transactions. Filed 2026-10-20. Accession 0001193125-26-426667.View filing
  • 4 · Other transactions. Filed 2026-09-14. Accession 0001193125-26-390542.View filing
  • 4 · Other transactions. Filed 2026-09-14. Accession 0001193125-26-390543.View filing

Analyst estimates

Source12M Target12M RangeAnalystsUpdated
StockAnalysis$67.50USD$50.00 – $83.00USD22—

MarketBeat data unavailable

Signal track record

First tracked2026-11-03 (10d ago)
Entry price$63.61
Initial 12M target$71.47
Initial 12M expected gap
+12.4%
Initial confidence
44%
Realized return
-4.6%-37.3% of target

Available. Fiscal quarters are based on SEC filings. Year-over-year change uses the corresponding quarter one year earlier.

Last checked

Revenue

Revenue by fiscal quarter, with SEC filing evidence
Fiscal quarterPeriodValueChange YoYSEC filing
FY2026 Q3 – 3,854,048,000 USD-2.2%
10-Q · Oct 29, 2026, accession 0001193125-26-437728 (opens in a new tab)
FY2026 Q2 – 3,862,548,000 USD-8.8%
10-Q · Jul 30, 2026, accession 0001193125-26-325451 (opens in a new tab)
FY2026 Q1 – 3,287,077,000 USD-10.1%
10-Q · Apr 30, 2026, accession 0001193125-26-195140 (opens in a new tab)
FY2025 Q4 – 3,357,888,000 USD-12.1%
10-K · Feb 17, 2026, accession 0001193125-26-054643 (opens in a new tab)10-Q · May 1, 2025, accession 0000950170-25-061689 (opens in a new tab)10-Q · Jul 31, 2025, accession 0000950170-25-100705 (opens in a new tab)10-Q · Oct 30, 2025, accession 0001193125-25-257970 (opens in a new tab)
FY2025 Q3 – 3,941,190,000 USD-6.9%
10-Q · Oct 30, 2025, accession 0001193125-25-257970 (opens in a new tab)
FY2025 Q2 – 4,234,064,000 USD-5.0%
10-Q · Jul 31, 2025, accession 0000950170-25-100705 (opens in a new tab)
FY2025 Q1 – 3,657,496,000 USD-6.0%
10-Q · May 1, 2025, accession 0000950170-25-061689 (opens in a new tab)
FY2024 Q4 – 3,820,306,000 USD-8.0%
10-K · Feb 20, 2025, accession 0000950170-25-023953 (opens in a new tab)10-Q · May 7, 2024, accession 0000950170-24-054249 (opens in a new tab)10-Q · Aug 6, 2024, accession 0000950170-24-091788 (opens in a new tab)10-Q · Nov 5, 2024, accession 0000950170-24-121436 (opens in a new tab)

Net income or loss

Net income or loss by fiscal quarter, with SEC filing evidence
Fiscal quarterPeriodValueChange YoYSEC filing
FY2026 Q3 – 60,409,000 USD-50.6%
10-Q · Oct 29, 2026, accession 0001193125-26-437728 (opens in a new tab)
FY2026 Q2 – -3,900,000 USD-102.1%
10-Q · Jul 30, 2026, accession 0001193125-26-325451 (opens in a new tab)
FY2026 Q1 – -47,414,000 USD-149.2%
10-Q · Apr 30, 2026, accession 0001193125-26-195140 (opens in a new tab)
FY2025 Q4 – 31,480,000 USD-83.5%
10-K · Feb 17, 2026, accession 0001193125-26-054643 (opens in a new tab)10-Q · May 1, 2025, accession 0000950170-25-061689 (opens in a new tab)10-Q · Jul 31, 2025, accession 0000950170-25-100705 (opens in a new tab)10-Q · Oct 30, 2025, accession 0001193125-25-257970 (opens in a new tab)
FY2025 Q3 – 122,384,000 USD-57.0%
10-Q · Oct 30, 2025, accession 0001193125-25-257970 (opens in a new tab)
FY2025 Q2 – 185,031,000 USD-46.2%
10-Q · Jul 31, 2025, accession 0000950170-25-100705 (opens in a new tab)
FY2025 Q1 – 96,304,000 USD-62.8%
10-Q · May 1, 2025, accession 0000950170-25-061689 (opens in a new tab)
FY2024 Q4 – 190,244,000 USD-45.8%
10-K · Feb 20, 2025, accession 0000950170-25-023953 (opens in a new tab)10-Q · May 7, 2024, accession 0000950170-24-054249 (opens in a new tab)10-Q · Aug 6, 2024, accession 0000950170-24-091788 (opens in a new tab)10-Q · Nov 5, 2024, accession 0000950170-24-121436 (opens in a new tab)

Operating cash flow

Operating cash flow by fiscal quarter, with SEC filing evidence
Fiscal quarterPeriodValueChange YoYSEC filing
FY2026 Q3 – 146,551,000 USD-73.2%
10-Q · Oct 29, 2026, accession 0001193125-26-437728 (opens in a new tab)10-Q · Jul 30, 2026, accession 0001193125-26-325451 (opens in a new tab)
FY2026 Q2 – 68,026,000 USD-80.1%
10-Q · Jul 30, 2026, accession 0001193125-26-325451 (opens in a new tab)10-Q · Apr 30, 2026, accession 0001193125-26-195140 (opens in a new tab)
FY2026 Q1 – 87,454,000 USD-33.9%
10-Q · Apr 30, 2026, accession 0001193125-26-195140 (opens in a new tab)
FY2025 Q4 – 194,794,000 USD-47.8%
10-K · Feb 17, 2026, accession 0001193125-26-054643 (opens in a new tab)10-Q · May 1, 2025, accession 0000950170-25-061689 (opens in a new tab)10-Q · Jul 31, 2025, accession 0000950170-25-100705 (opens in a new tab)10-Q · Oct 30, 2025, accession 0001193125-25-257970 (opens in a new tab)
FY2025 Q3 – 547,724,000 USD-25.0%
10-Q · Oct 30, 2025, accession 0001193125-25-257970 (opens in a new tab)10-Q · Jul 31, 2025, accession 0000950170-25-100705 (opens in a new tab)
FY2025 Q2 – 341,040,000 USD-24.6%
10-Q · Jul 31, 2025, accession 0000950170-25-100705 (opens in a new tab)10-Q · May 1, 2025, accession 0000950170-25-061689 (opens in a new tab)
FY2025 Q1 – 132,328,000 USD-58.3%
10-Q · May 1, 2025, accession 0000950170-25-061689 (opens in a new tab)
FY2024 Q4 – 373,463,000 USD-38.9%
10-K · Feb 20, 2025, accession 0000950170-25-023953 (opens in a new tab)10-Q · May 7, 2024, accession 0000950170-24-054249 (opens in a new tab)10-Q · Aug 6, 2024, accession 0000950170-24-091788 (opens in a new tab)10-Q · Nov 5, 2024, accession 0000950170-24-121436 (opens in a new tab)

Insider activity

9 other transactions reported.

Checked Nov 14, 2026

View reported transactions (9 rows · 9 filings)

Other transactionsHiller Michael

View Form 4 filing at SEC

Filing context

Reporting owners and roles: Hiller Michael (officer (COO-Designate))

  • Hiller MichaelGrant, award or other acquisition12,808 shares · Value unavailable
    Transaction details

    officer (COO-Designate) · Direct ownership · Common Stock, par value $0.01 per share · Code A/A

Other transactionsBoydston Cory Jacobs

View Form 4 filing at SEC

Filing context

Reporting owners and roles: Boydston Cory Jacobs (director)

  • Boydston Cory JacobsGrant, award or other acquisition470 shares · Value unavailable
    Transaction details

    director · Direct ownership · Common Stock, par value $0.01 per share · Code A/A

Other transactionsCHRISTOPHE CLEVELAND A

View Form 4 filing at SEC

Filing context

Reporting owners and roles: CHRISTOPHE CLEVELAND A (director)

  • CHRISTOPHE CLEVELAND AGrant, award or other acquisition564 shares · Value unavailable
    Transaction details

    director · Direct ownership · Common Stock, par value $0.01 per share · Code A/A

Other transactionsHayes William B

View Form 4 filing at SEC

Filing context

Reporting owners and roles: Hayes William B (director)

  • Hayes William BGrant, award or other acquisition583 shares · Value unavailable
    Transaction details

    director · Direct ownership · Common Stock, par value $0.01 per share · Code A/A

Other transactionsLEVY PAUL S

View Form 4 filing at SEC

Filing context

Reporting owners and roles: LEVY PAUL S (director)

  • LEVY PAUL SGrant, award or other acquisition1,204 shares · Value unavailable
    Transaction details

    director · Direct ownership · Common Stock, par value $0.01 per share · Code A/A

Other transactionsRenz Maria

View Form 4 filing at SEC

Filing context

Reporting owners and roles: Renz Maria (director)

  • Renz MariaGrant, award or other acquisition489 shares · Value unavailable
    Transaction details

    director · Direct ownership · Common Stock, par value $0.01 per share · Code A/A

Other transactionsOLEARY JAMES

View Form 4 filing at SEC

Filing context

Reporting owners and roles: OLEARY JAMES (director)

  • OLEARY JAMESGrant, award or other acquisition564 shares · Value unavailable
    Transaction details

    director · Direct ownership · Common Stock, par value $0.01 per share · Code A/A

Other transactionsCharles Dirkson R

View Form 4 filing at SEC

Filing context

Reporting owners and roles: Charles Dirkson R (director)

  • Charles Dirkson RGrant, award or other acquisition470 shares · Value unavailable
    Transaction details

    director · Direct ownership · Common Stock, par value $0.01 per share · Code A/A

Other transactionsSteinke Craig Arthur

View Form 4 filing at SEC

Filing context

Reporting owners and roles: Steinke Craig Arthur (director)

  • Steinke Craig ArthurGrant, award or other acquisition564 shares · Value unavailable
    Transaction details

    director · Direct ownership · Common Stock, par value $0.01 per share · Code A/A

Options, grants, withholding, and gifts are context, not voluntary market purchases or sales.

Purchase and sale labels describe reported transaction codes; they do not indicate whether the transaction is favorable.