BMCH has been the subject of a number of other research reports. ValuEngine downgraded shares of BMC Stock from a hold rating to a sell rating in a research report on Monday, April 1st. Zacks Investment Research raised shares of BMC Stock from a hold rating to a buy rating and set a $18.00 price target for the company in a research report on Monday, January 14th. DA Davidson set a $20.00 price target on shares of BMC Stock and gave the stock a hold rating in a research report on Thursday, February 28th. Credit Suisse Group set a $20.00 price target on shares of BMC Stock and gave the stock a hold rating in a research report on Friday, March 1st. Finally, Buckingham Research initiated coverage on shares of BMC Stock in a research report on Monday, February 25th. They set a buy rating and a $22.00 price target for the company. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. The company has an average rating of Hold and a consensus target price of $21.29.
BMCH stock opened at $20.27 on Friday. BMC Stock has a twelve month low of $14.66 and a twelve month high of $23.15. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.86 and a quick ratio of 1.82. The company has a market cap of $1.34 billion, a PE ratio of 10.90, a P/E/G ratio of 2.95 and a beta of 1.17.
BMC Stock (NASDAQ:BMCH) last released its quarterly earnings results on Thursday, February 28th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.19. BMC Stock had a net margin of 3.25% and a return on equity of 15.78%. The business had revenue of $859.50 million during the quarter, compared to the consensus estimate of $850.72 million. During the same quarter last year, the company earned $0.23 earnings per share. The business’s quarterly revenue was up 2.2% compared to the same quarter last year. On average, analysts anticipate that BMC Stock will post 1.37 EPS for the current year.
In other BMC Stock news, Director Carl R. Vertuca, Jr. sold 5,000 shares of the firm’s stock in a transaction on Thursday, April 11th. The stock was sold at an average price of $20.00, for a total value of $100,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Carl R. Vertuca, Jr. sold 2,500 shares of the firm’s stock in a transaction on Friday, February 15th. The shares were sold at an average price of $18.00, for a total value of $45,000.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,000 shares of company stock valued at $188,750. 1.20% of the stock is currently owned by corporate insiders.
Hedge funds have recently bought and sold shares of the business. Quantamental Technologies LLC bought a new stake in BMC Stock in the fourth quarter valued at $51,000. Citigroup Inc. lifted its stake in BMC Stock by 90.1% in the fourth quarter. Citigroup Inc. now owns 9,277 shares of the company’s stock valued at $144,000 after buying an additional 4,397 shares during the last quarter. United Services Automobile Association bought a new stake in BMC Stock in the fourth quarter valued at $167,000. Janus Henderson Group PLC bought a new stake in BMC Stock in the third quarter valued at $206,000. Finally, O Shaughnessy Asset Management LLC lifted its stake in BMC Stock by 9.0% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 14,750 shares of the company’s stock valued at $228,000 after buying an additional 1,214 shares during the last quarter.
BMC Stock Company Profile
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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