BMC Stock Holdings Inc (NASDAQ:BMCH) insider Lisa M. Hamblet sold 1,000 shares of the company’s stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $24.97, for a total value of $24,970.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of BMC Stock stock traded up $0.17 during trading hours on Monday, hitting $25.33. The company’s stock had a trading volume of 691,000 shares, compared to its average volume of 458,291. BMC Stock Holdings Inc has a 12 month low of $14.66 and a 12 month high of $25.55. The stock has a 50 day moving average of $22.46 and a 200 day moving average of $20.27. The company has a market capitalization of $1.65 billion, a PE ratio of 13.62 and a beta of 1.05. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.35 and a quick ratio of 1.51.
BMC Stock (NASDAQ:BMCH) last posted its quarterly earnings data on Tuesday, August 6th. The company reported $0.54 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.03. The business had revenue of $946.38 million during the quarter, compared to the consensus estimate of $934.39 million. BMC Stock had a return on equity of 14.38% and a net margin of 3.31%. BMC Stock’s quarterly revenue was down 5.2% on a year-over-year basis. During the same period last year, the company earned $0.64 earnings per share. Equities analysts expect that BMC Stock Holdings Inc will post 1.65 EPS for the current year.
Several brokerages have issued reports on BMCH. B. Riley upgraded BMC Stock from a “neutral” rating to a “buy” rating and increased their price target for the stock from $25.00 to $28.00 in a report on Wednesday, August 7th. Evercore ISI upgraded BMC Stock from an “in-line” rating to an “outperform” rating in a report on Friday, August 9th. SunTrust Banks set a $25.00 price target on BMC Stock and gave the stock a “hold” rating in a report on Wednesday, August 7th. Zacks Investment Research upgraded BMC Stock from a “hold” rating to a “strong-buy” rating and set a $29.00 price target for the company in a report on Friday, August 9th. Finally, BidaskClub upgraded BMC Stock from a “hold” rating to a “buy” rating in a report on Wednesday, August 7th. Nine research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $23.08.
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.
See Also: Neutral Rating
Receive News & Ratings for BMC Stock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BMC Stock and related companies with MarketBeat.com's FREE daily email newsletter.