BMC Stock Holdings Inc (BMCH) Director Purchases $95,650.00 in Stock
BMC Stock Holdings Inc (NASDAQ:BMCH) Director David W. Bullock bought 5,000 shares of the firm’s stock in a transaction on Thursday, March 1st. The shares were bought at an average cost of $19.13 per share, for a total transaction of $95,650.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.
BMC Stock Holdings Inc (NASDAQ BMCH) opened at $18.55 on Monday. The company has a market cap of $1,245.45, a price-to-earnings ratio of 18.37 and a beta of 1.41. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.38 and a current ratio of 2.29. BMC Stock Holdings Inc has a fifty-two week low of $18.20 and a fifty-two week high of $25.70.
BMC Stock (NASDAQ:BMCH) last issued its quarterly earnings results on Tuesday, February 27th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.03). The business had revenue of $840.88 million for the quarter, compared to analyst estimates of $821.77 million. BMC Stock had a return on equity of 9.64% and a net margin of 1.71%. BMC Stock’s revenue for the quarter was up 12.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.21 EPS. research analysts forecast that BMC Stock Holdings Inc will post 1.5 EPS for the current year.
A number of analysts have weighed in on the stock. Stephens set a $23.00 target price on shares of BMC Stock and gave the stock a “buy” rating in a research note on Thursday. Barclays decreased their target price on shares of BMC Stock from $28.00 to $24.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 28th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $23.00 target price (up previously from $22.00) on shares of BMC Stock in a research note on Wednesday, February 28th. BidaskClub lowered shares of BMC Stock from a “hold” rating to a “sell” rating in a report on Wednesday, February 28th. Finally, B. Riley reiterated a “neutral” rating and set a $23.00 price target (down previously from $26.00) on shares of BMC Stock in a report on Tuesday, February 27th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company. BMC Stock presently has an average rating of “Buy” and an average target price of $23.67.
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BMC Stock Company Profile
BMC Stock Holdings, Inc is a provider of building products and services in the United States residential construction market. The Company’s segments include Mid-Atlantic, Southeast, Texas, Intermountain, Western and Mountain West divisions. Its product offerings include lumber and lumber sheet goods and an array of products, including millwork, doors, windows, structural components, floor and roof trusses and wall panels.
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