Analysts forecast that BMC Stock Holdings Inc (NASDAQ:BMCH) will post earnings of $0.55 per share for the current quarter, Zacks reports. Six analysts have made estimates for BMC Stock’s earnings. The highest EPS estimate is $0.61 and the lowest is $0.50. BMC Stock reported earnings per share of $0.58 during the same quarter last year, which suggests a negative year over year growth rate of 5.2%. The business is scheduled to report its next earnings report on Thursday, November 7th.
On average, analysts expect that BMC Stock will report full year earnings of $1.77 per share for the current year, with EPS estimates ranging from $1.56 to $1.92. For the next fiscal year, analysts anticipate that the business will report earnings of $1.90 per share, with EPS estimates ranging from $1.59 to $2.11. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover BMC Stock.
BMC Stock (NASDAQ:BMCH) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $0.54 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.03. BMC Stock had a return on equity of 14.60% and a net margin of 3.31%. The business had revenue of $946.38 million for the quarter, compared to analyst estimates of $934.39 million. During the same quarter in the prior year, the company posted $0.64 EPS. The company’s quarterly revenue was down 5.2% on a year-over-year basis.
In other BMC Stock news, insider Lisa M. Hamblet sold 8,000 shares of the stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $23.00, for a total value of $184,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Carl R. Vertuca, Jr. sold 20,000 shares of the stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $23.50, for a total value of $470,000.00. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by corporate insiders.
Hedge funds have recently bought and sold shares of the business. Investors Research Corp acquired a new stake in BMC Stock during the 1st quarter worth approximately $25,000. Royce & Associates LP acquired a new stake in BMC Stock during the 1st quarter worth approximately $42,000. Quantamental Technologies LLC lifted its position in BMC Stock by 81.2% during the 1st quarter. Quantamental Technologies LLC now owns 5,983 shares of the company’s stock worth $106,000 after acquiring an additional 2,682 shares during the period. Convergence Investment Partners LLC acquired a new stake in BMC Stock during the 2nd quarter worth approximately $224,000. Finally, Fox Run Management L.L.C. acquired a new stake in BMC Stock during the 2nd quarter worth approximately $244,000. 99.30% of the stock is currently owned by institutional investors.
Shares of BMC Stock stock traded up $0.26 during trading hours on Thursday, hitting $25.16. The company’s stock had a trading volume of 49,253 shares, compared to its average volume of 562,549. BMC Stock has a twelve month low of $14.66 and a twelve month high of $25.40. The company’s fifty day simple moving average is $21.87. The company has a market cap of $1.67 billion, a PE ratio of 13.54 and a beta of 1.05. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.51 and a current ratio of 2.37.
About BMC Stock
BMC Stock Holdings, Inc distributes lumber and building materials to new construction, and repair and remodeling contractors in the United States. Its products comprise structural components, such as floor and roof trusses, wall panels, and engineered wood products; lumber and lumber sheet goods, including dimensional lumber, plywood, and oriented strand board products used in on-site house framing under the Ready-Frame brand; and millwork, doors, and windows comprising interior and exterior doors, windows, interior trims, custom millworks, moldings, stairs and stair parts, and cabinetry and other products.
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