BMC Stock Holdings, Inc. (BMCH) Receives “Buy” Rating from Robert W. Baird

Robert W. Baird restated their buy rating on shares of BMC Stock Holdings, Inc. (NASDAQ:BMCH) in a research report released on Monday morning. The brokerage currently has a $23.00 target price on the stock.

Several other equities analysts have also commented on BMCH. Zacks Investment Research lowered shares of BMC Stock Holdings from a hold rating to a sell rating in a report on Monday, July 10th. Royal Bank Of Canada reissued a buy rating and issued a $24.00 target price on shares of BMC Stock Holdings in a report on Tuesday, July 18th. Barclays PLC decreased their target price on shares of BMC Stock Holdings from $24.00 to $22.00 and set an overweight rating on the stock in a report on Friday, August 4th. Finally, FBR & Co decreased their target price on shares of BMC Stock Holdings from $26.00 to $22.00 and set a buy rating on the stock in a report on Tuesday, August 22nd. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. BMC Stock Holdings has an average rating of Buy and a consensus target price of $23.40.

Shares of BMC Stock Holdings (BMCH) opened at 21.05 on Monday. The company has a market capitalization of $1.41 billion, a PE ratio of 34.56 and a beta of 1.49. BMC Stock Holdings has a 52 week low of $15.45 and a 52 week high of $23.90. The firm’s 50-day moving average is $20.54 and its 200 day moving average is $21.38.

BMC Stock Holdings (NASDAQ:BMCH) last released its earnings results on Thursday, August 3rd. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.03). BMC Stock Holdings had a net margin of 1.28% and a return on equity of 9.20%. The firm had revenue of $886.38 million during the quarter, compared to the consensus estimate of $871.51 million. During the same period in the prior year, the business earned $0.32 earnings per share. BMC Stock Holdings’s quarterly revenue was up 11.1% compared to the same quarter last year. On average, analysts anticipate that BMC Stock Holdings will post $1.07 earnings per share for the current fiscal year.

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In other BMC Stock Holdings news, insider James F. Jr. Major sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $20.24, for a total transaction of $404,800.00. Following the sale, 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 Securities & Exchange Commission, which is available at this hyperlink. Also, insider Lisa M. Hamblet sold 12,812 shares of the business’s stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $20.82, for a total transaction of $266,745.84. Following the sale, 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.

Institutional investors and hedge funds have recently bought and sold shares of the business. Ameritas Investment Partners Inc. bought a new stake in BMC Stock Holdings during the 1st quarter worth approximately $108,000. BNP Paribas Arbitrage SA grew its holdings in BMC Stock Holdings by 2,853.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,147 shares of the company’s stock worth $156,000 after acquiring an additional 6,905 shares during the last quarter. UBS Asset Management Americas Inc. bought a new stake in BMC Stock Holdings during the 1st quarter worth approximately $209,000. Koch Industries Inc. bought a new stake in BMC Stock Holdings during the 2nd quarter worth approximately $244,000. Finally, PNC Financial Services Group Inc. bought a new stake in BMC Stock Holdings during the 1st quarter worth approxima

Several other equities analysts have also commented on BMCH. Zacks Investment Research lowered shares of BMC Stock Holdings from a hold rating to a sell rating in a report on Monday, July 10th. Royal Bank Of Canada reissued a buy rating and issued a $24.00 target price on shares of BMC Stock Holdings in a report on Tuesday, July 18th. Barclays PLC decreased their target price on shares of BMC Stock Holdings from $24.00 to $22.00 and set an overweight rating on the stock in a report on Friday, August 4th. Finally, FBR & Co decreased their target price on shares of BMC Stock Holdings from $26.00 to $22.00 and set a buy rating on the stock in a report on Tuesday, August 22nd. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. BMC Stock Holdings has an average rating of Buy and a consensus target price of $23.40.

Shares of BMC Stock Holdings (BMCH) opened at 21.05 on Monday. The company has a market capitalization of $1.41 billion, a PE ratio of 34.56 and a beta of 1.49. BMC Stock Holdings has a 52 week low of $15.45 and a 52 week high of $23.90. The firm’s 50-day moving average is $20.54 and its 200 day moving average is $21.38.

BMC Stock Holdings (NASDAQ:BMCH) last released its earnings results on Thursday, August 3rd. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.03). BMC Stock Holdings had a net margin of 1.28% and a return on equity of 9.20%. The firm had revenue of $886.38 million during the quarter, compared to the consensus estimate of $871.51 million. During the same period in the prior year, the business earned $0.32 earnings per share. BMC Stock Holdings’s quarterly revenue was up 11.1% compared to the same quarter last year. On average, analysts anticipate that BMC Stock Holdings will post $1.07 earnings per share for the current fiscal year.

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In other BMC Stock Holdings news, insider James F. Jr. Major sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $20.24, for a total transaction of $404,800.00. Following the sale, 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 Securities & Exchange Commission, which is available at this hyperlink. Also, insider Lisa M. Hamblet sold 12,812 shares of the business’s stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $20.82, for a total transaction of $266,745.84. Following the sale, 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.

Institutional investors and hedge funds have recently bought and sold shares of the business. Ameritas Investment Partners Inc. bought a new stake in BMC Stock Holdings during the 1st quarter worth approximately $108,000. BNP Paribas Arbitrage SA grew its holdings in BMC Stock Holdings by 2,853.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,147 shares of the company’s stock worth $156,000 after acquiring an additional 6,905 shares during the last quarter. UBS Asset Management Americas Inc. bought a new stake in BMC Stock Holdings during the 1st quarter worth approximately $209,000. Koch Industries Inc. bought a new stake in BMC Stock Holdings during the 2nd quarter worth approximately $244,000. Finally, PNC Financial Services Group Inc. bought a new stake in BMC Stock Holdings during the 1st quarter worth approximately $254,000.

About BMC Stock Holdings

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.

Analyst Recommendations for BMC Stock Holdings (NASDAQ:BMCH)

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