BMC Stock Holdings, Inc. (NASDAQ:BMCH) – Stock analysts at SunTrust Banks lowered their Q3 2017 earnings per share estimates for BMC Stock Holdings in a research note issued to investors on Monday. SunTrust Banks analyst K. Hughes now expects that the company will post earnings per share of $0.32 for the quarter, down from their previous forecast of $0.36. SunTrust Banks also issued estimates for BMC Stock Holdings’ FY2017 earnings at $1.02 EPS.

Several other equities analysts have also recently weighed in on the stock. Royal Bank Of Canada reiterated a “buy” rating and issued a $24.00 price objective on shares of BMC Stock Holdings in a research note on Wednesday, June 7th. Zacks Investment Research downgraded shares of BMC Stock Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, August 8th. FBR & Co cut their target price on shares of BMC Stock Holdings from $26.00 to $22.00 and set a “buy” rating for the company in a research report on Tuesday, August 22nd. Barclays PLC cut their target price on shares of BMC Stock Holdings from $24.00 to $22.00 and set an “overweight” rating for the company in a research report on Friday, August 4th. Finally, Robert W. Baird reaffirmed a “buy” rating and set a $23.00 target price on shares of BMC Stock Holdings in a report on Sunday, September 10th. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $23.50.

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Shares of BMC Stock Holdings (NASDAQ:BMCH) opened at 21.30 on Tuesday. BMC Stock Holdings has a 12-month low of $15.45 and a 12-month high of $23.90. The stock has a market cap of $1.43 billion, a P/E ratio of 34.98 and a beta of 1.49. The company’s 50-day moving average is $20.41 and its 200-day moving average is $21.43.

BMC Stock Holdings (NASDAQ:BMCH) last issued its quarterly earnings results on Thursday, August 3rd. The company reported $0.34 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.37 by ($0.03). The company had revenue of $886.38 million during the quarter, compared to analysts’ expectations of $871.51 million. BMC Stock Holdings had a return on equity of 9.20% and a net margin of 1.28%. BMC Stock Holdings’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period last year, the firm posted $0.32 earnings per share.

A number of institutional investors have recently added to or reduced their stakes in the stock. Ameritas Investment Partners Inc. bought a new stake in BMC Stock Holdings during the 1st quarter worth approximately $108,000. BNP Paribas Arbitrage SA lifted its holdings in BMC Stock Holdings by 2,853.3% during the second quarter. BNP Paribas Arbitrage SA now owns 7,147 shares of the company’s stock valued at $156,000 after purchasing an additional 6,905 shares in the last quarter. UBS Asset Management Americas Inc. purchased a new position in BMC Stock Holdings during the first quarter valued at approximately $209,000. PNC Financial Services Group Inc. purchased a new position in BMC Stock Holdings during the first quarter valued at approximately $254,000. Finally, Principal Financial Group Inc. purchased a new position in BMC Stock Holdings during the first quarter valued at approximately $276,000.

In other news, insider James F. Jr. Major sold 20,000 shares of BMC Stock Holdings stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $20.24, for a total transaction of $404,800.00. Following the transaction, the insider now directly owns 176,482 shares of the company’s stock, valued at approximately $3,571,995.68. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Lisa M. Hamblet sold 12,812 shares of BMC Stock Holdings stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $20.82, for a total value of $266,745.84. Following the transaction, the insider now directly owns 74,133 shares in the company, valued at $1,543,449.06. The disclosure for this sale can be found here. Insiders own 3.70% of the company’s stock.

BMC Stock Holdings 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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