BMC Stock Holdings Inc (NASDAQ:BMCH) Director Carl R. Vertuca, Jr. sold 10,000 shares of the stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $21.83, for a total transaction of $218,300.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Shares of NASDAQ BMCH traded up $0.28 during mid-day trading on Thursday, reaching $22.28. 762,656 shares of the company were exchanged, compared to its average volume of 419,974. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.82 and a current ratio of 2.86. The stock has a market cap of $1.48 billion, a PE ratio of 11.98, a P/E/G ratio of 3.00 and a beta of 1.22. BMC Stock Holdings Inc has a twelve month low of $14.66 and a twelve month high of $23.15.
BMC Stock (NASDAQ:BMCH) last posted its earnings results on Wednesday, May 1st. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.11. The company had revenue of $825.40 million during the quarter, compared to analysts’ expectations of $798.04 million. BMC Stock had a net margin of 3.25% and a return on equity of 15.78%. BMC Stock’s quarterly revenue was down 1.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.29 EPS. As a group, analysts predict that BMC Stock Holdings Inc will post 1.37 EPS for the current fiscal year.
Several brokerages recently commented on BMCH. SunTrust Banks increased their target price on shares of BMC Stock to $23.00 and gave the stock a “hold” rating in a report on Thursday. Zacks Investment Research cut shares of BMC Stock from a “buy” rating to a “sell” rating in a research note on Tuesday, January 15th. BidaskClub upgraded shares of BMC Stock from a “sell” rating to a “hold” rating in a research note on Friday, April 5th. Royal Bank of Canada set a $23.00 price target on shares of BMC Stock and gave the company a “hold” rating in a research note on Thursday. Finally, ValuEngine cut shares of BMC Stock from a “hold” rating to a “sell” rating in a research note on Monday, April 1st. Twelve analysts have rated the stock with 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 $21.60.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Legal & General Group Plc lifted its stake in shares of BMC Stock by 2.7% during the 3rd quarter. Legal & General Group Plc now owns 24,625 shares of the company’s stock worth $460,000 after buying an additional 657 shares during the last quarter. Janus Henderson Group PLC lifted its stake 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 worth $215,000 after buying an additional 906 shares during the last quarter. Alps Advisors Inc. lifted its stake in shares of BMC Stock by 5.7% during the 1st quarter. Alps Advisors Inc. now owns 22,226 shares of the company’s stock worth $393,000 after buying an additional 1,207 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its stake in shares of BMC Stock by 9.0% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 14,750 shares of the company’s stock worth $228,000 after buying an additional 1,214 shares during the last quarter. Finally, Investors Research Corp acquired a new stake in shares of BMC Stock during the 1st quarter worth about $25,000.
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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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