BMC Stock Holdings Inc (NASDAQ:BMCH) – SunTrust Banks lifted their FY2019 earnings per share estimates for shares of BMC Stock in a research report issued on Tuesday, August 6th. SunTrust Banks analyst K. Hughes now forecasts that the company will earn $1.68 per share for the year, up from their prior estimate of $1.46. SunTrust Banks currently has a “Hold” rating and a $25.00 target price on the stock. SunTrust Banks also issued estimates for BMC Stock’s Q4 2019 earnings at $0.32 EPS, Q2 2020 earnings at $0.58 EPS, Q3 2020 earnings at $0.53 EPS, Q4 2020 earnings at $0.34 EPS and FY2020 earnings at $1.81 EPS.

BMC Stock (NASDAQ:BMCH) last issued its quarterly earnings results on Tuesday, August 6th. The company reported $0.54 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.51 by $0.03. The firm 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 14.60% and a net margin of 3.31%. The company’s revenue for the quarter was down 5.2% on a year-over-year basis. During the same period last year, the company earned $0.64 earnings per share.

Several other research analysts have also recently issued reports on BMCH. B. Riley upgraded BMC Stock from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $25.00 to $28.00 in a research report on Wednesday. Wedbush cut BMC Stock from an “outperform” rating to a “neutral” rating and set a $25.00 price objective for the company. in a research report on Thursday. Buckingham Research increased their price objective on BMC Stock from $26.00 to $28.00 and gave the stock a “buy” rating in a research report on Wednesday. BidaskClub upgraded BMC Stock from a “hold” rating to a “buy” rating in a research report on Wednesday. Finally, Royal Bank of Canada set a $23.00 price objective on BMC Stock and gave the stock a “hold” rating in a research report on Thursday, May 2nd. Ten analysts have rated the stock with a hold rating and three have given a buy rating to the company. BMC Stock has a consensus rating of “Hold” and a consensus price target of $22.67.

NASDAQ:BMCH traded down $0.02 during trading hours on Friday, hitting $24.98. The company’s stock had a trading volume of 204 shares, compared to its average volume of 496,702. The company has a 50-day moving average price of $21.50. The firm has a market capitalization of $1.52 billion, a P/E ratio of 13.41, a PEG ratio of 3.04 and a beta of 1.05. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.37 and a quick ratio of 1.51. BMC Stock has a 52-week low of $14.66 and a 52-week high of $25.29.

In other BMC Stock news, Director Carl R. Vertuca, Jr. sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $23.50, for a total value of $470,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Lisa M. Hamblet sold 8,000 shares of the firm’s 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 disclosure for this sale can be found here. 1.20% of the stock is currently owned by company insiders.

A number of large investors have recently modified their holdings of BMCH. Marshall Wace North America L.P. acquired a new position in shares of BMC Stock in the 1st quarter valued at about $246,000. Janus Henderson Group PLC raised its holdings in shares of BMC Stock by 8.0% during the 1st quarter. Janus Henderson Group PLC now owns 12,178 shares of the company’s stock valued at $215,000 after buying an additional 906 shares during the period. SG Americas Securities LLC purchased a new stake in shares of BMC Stock during the 1st quarter valued at about $300,000. Quantinno Capital Management LP raised its holdings in shares of BMC Stock by 110.1% during the 1st quarter. Quantinno Capital Management LP now owns 37,215 shares of the company’s stock valued at $658,000 after buying an additional 19,499 shares during the period. Finally, Legal & General Group Plc raised its holdings in shares of BMC Stock by 6.1% during the 4th quarter. Legal & General Group Plc now owns 26,135 shares of the company’s stock valued at $405,000 after buying an additional 1,510 shares during the period. 99.69% of the stock is currently owned by hedge funds and other institutional investors.

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

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