BMC Stock Holdings Inc (NASDAQ:BMCH) insider Keith Costello purchased 15,000 shares of the firm’s stock in a transaction dated Wednesday, December 13th. The shares were bought at an average cost of $23.13 per share, with a total value of $346,950.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.
Shares of BMC Stock Holdings Inc (NASDAQ BMCH) traded up $0.05 on Thursday, reaching $23.10. The company had a trading volume of 336,000 shares, compared to its average volume of 559,620. BMC Stock Holdings Inc has a 52-week low of $17.45 and a 52-week high of $23.90. The company has a market capitalization of $1,545.21, a PE ratio of 23.52 and a beta of 1.50. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.29 and a quick ratio of 1.38.
BMC Stock (NASDAQ:BMCH) last posted its earnings results on Monday, November 6th. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.01). The company had revenue of $881.01 million during the quarter, compared to the consensus estimate of $888.09 million. BMC Stock had a net margin of 1.53% and a return on equity of 9.42%. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.32 earnings per share. sell-side analysts predict that BMC Stock Holdings Inc will post 0.98 EPS for the current year.
Several equities analysts recently issued reports on BMCH shares. FBR & Co reduced their price objective on BMC Stock from $26.00 to $22.00 and set a “buy” rating on the stock in a research note on Tuesday, August 22nd. Robert W. Baird restated a “buy” rating and set a $23.00 price objective on shares of BMC Stock in a research note on Sunday, September 10th. Royal Bank of Canada restated an “outperform” rating and set a $25.00 price objective (up from $23.00) on shares of BMC Stock in a research note on Tuesday, November 7th. B. Riley restated a “buy” rating and set a $25.00 price objective (up from $22.00) on shares of BMC Stock in a research note on Tuesday, November 7th. Finally, TheStreet upgraded BMC Stock from a “c” rating to a “b-” rating in a research note on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $24.00.
Hedge funds have recently bought and sold shares of the business. Zions Bancorporation bought a new stake in BMC Stock in the third quarter valued at $110,000. Ameritas Investment Partners Inc. lifted its stake in BMC Stock by 20.8% in the second quarter. Ameritas Investment Partners Inc. now owns 5,748 shares of the company’s stock valued at $126,000 after buying an additional 989 shares during the last quarter. BNP Paribas Arbitrage SA lifted its stake in BMC Stock by 2,853.3% in the second quarter. BNP Paribas Arbitrage SA now owns 7,147 shares of the company’s stock valued at $156,000 after buying an additional 6,905 shares during the last quarter. Aperio Group LLC bought a new stake in BMC Stock in the third quarter valued at $209,000. Finally, Koch Industries Inc. bought a new stake in BMC Stock in the second quarter valued at $244,000.
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BMC Stock 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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