Equities analysts expect BMC Stock Holdings Inc (NASDAQ:BMCH) to announce sales of $961.16 million for the current fiscal quarter, Zacks reports. Five analysts have provided estimates for BMC Stock’s earnings, with the lowest sales estimate coming in at $942.68 million and the highest estimate coming in at $983.43 million. BMC Stock reported sales of $881.01 million in the same quarter last year, which indicates a positive year-over-year growth rate of 9.1%. The business is scheduled to issue its next earnings report on Monday, November 5th.

On average, analysts expect that BMC Stock will report full year sales of $3.69 billion for the current financial year, with estimates ranging from $3.67 billion to $3.71 billion. For the next year, analysts anticipate that the company will post sales of $3.87 billion, with estimates ranging from $3.78 billion to $4.09 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that follow BMC Stock.

BMC Stock (NASDAQ:BMCH) last posted its quarterly earnings results on Monday, July 30th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.45 by $0.19. BMC Stock had a return on equity of 13.32% and a net margin of 2.58%. The firm had revenue of $998.50 million during the quarter, compared to analysts’ expectations of $986.73 million. During the same quarter last year, the firm earned $0.34 earnings per share. The business’s revenue for the quarter was up 15.2% on a year-over-year basis.

Several equities research analysts have issued reports on the company. Evercore ISI assumed coverage on BMC Stock in a research note on Thursday, June 28th. They set an “in-line” rating and a $22.00 target price for the company. MKM Partners assumed coverage on BMC Stock in a research note on Wednesday, June 27th. They set a “neutral” rating and a $23.00 target price for the company. BidaskClub cut BMC Stock from a “sell” rating to a “strong sell” rating in a research note on Thursday. Wedbush assumed coverage on BMC Stock in a research note on Wednesday, July 18th. They set an “outperform” rating and a $27.00 target price for the company. Finally, B. Riley raised their target price on BMC Stock from $23.00 to $25.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 31st. Two analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company. BMC Stock currently has a consensus rating of “Hold” and a consensus price target of $24.67.

In other news, Director Carl R. Vertuca, Jr. sold 10,000 shares of the firm’s stock in a transaction on Tuesday, August 21st. The stock was sold at an average price of $23.00, for a total transaction of $230,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.20% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. First Mercantile Trust Co. boosted its position in shares of BMC Stock by 27.1% during the second quarter. First Mercantile Trust Co. now owns 21,451 shares of the company’s stock worth $448,000 after buying an additional 4,570 shares during the period. Soapstone Management L.P. boosted its position in shares of BMC Stock by 112.5% during the first quarter. Soapstone Management L.P. now owns 425,000 shares of the company’s stock worth $8,309,000 after buying an additional 225,000 shares during the period. Sei Investments Co. boosted its position in shares of BMC Stock by 3.4% during the second quarter. Sei Investments Co. now owns 77,865 shares of the company’s stock worth $1,624,000 after buying an additional 2,590 shares during the period. Schwab Charles Investment Management Inc. boosted its position in shares of BMC Stock by 11.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 467,391 shares of the company’s stock worth $9,746,000 after buying an additional 46,318 shares during the period. Finally, Mutual of America Capital Management LLC boosted its position in shares of BMC Stock by 9.8% during the second quarter. Mutual of America Capital Management LLC now owns 473,794 shares of the company’s stock worth $9,879,000 after buying an additional 42,142 shares during the period.

BMCH stock opened at $19.05 on Friday. The company has a quick ratio of 1.26, a current ratio of 2.17 and a debt-to-equity ratio of 0.44. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 18.77, a price-to-earnings-growth ratio of 2.45 and a beta of 1.40. BMC Stock has a 52-week low of $17.10 and a 52-week high of $25.70.

About BMC Stock

BMC Stock Holdings, Inc operates as lumber and building materials distributor and solutions provider in the United States. Its primary products include structural components, such as floor trusses, 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 trim, custom millwork, moldings, stairs and stair parts, and cabinetry and other products.

Featured Article: Do stock splits help investors?

Get a free copy of the Zacks research report on BMC Stock (BMCH)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for BMC Stock (NASDAQ:BMCH)

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.