BlueLinx (NYSE:BXC - Get Free Report) will issue its quarterly earnings data after the market closes on Tuesday, October 29th. Individual that wish to listen to the company's conference call can do so using this link.
BlueLinx (NYSE:BXC - Get Free Report) last released its earnings results on Tuesday, July 30th. The construction company reported $1.53 EPS for the quarter. The company had revenue of $768.36 million during the quarter. BlueLinx had a return on equity of 12.14% and a net margin of 1.26%.
BlueLinx Stock Down 2.2 %
BXC stock traded down $2.23 during mid-day trading on Tuesday, hitting $100.74. 60,289 shares of the company were exchanged, compared to its average volume of 82,390. The company has a market capitalization of $872.61 million, a PE ratio of 18.90 and a beta of 1.94. The firm has a fifty day simple moving average of $102.38 and a 200 day simple moving average of $103.45. The company has a current ratio of 4.88, a quick ratio of 3.37 and a debt-to-equity ratio of 0.88. BlueLinx has a twelve month low of $67.76 and a twelve month high of $132.67.
Analyst Ratings Changes
A number of research analysts have commented on the company. DA Davidson increased their target price on BlueLinx from $121.00 to $137.00 and gave the stock a "buy" rating in a report on Thursday, August 1st. StockNews.com raised shares of BlueLinx from a "hold" rating to a "buy" rating in a report on Saturday, October 12th. Finally, Craig Hallum boosted their price objective on shares of BlueLinx from $125.00 to $135.00 and gave the company a "buy" rating in a research report on Thursday, August 1st. Four research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $135.67.
Read Our Latest Stock Report on BXC
BlueLinx Company Profile
(
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BlueLinx Holdings Inc, together with its subsidiaries, engages in the distribution of residential and commercial building products in the United States. It distributes specialty products, including engineered wood, siding, millwork, outdoor living, specialty lumber and panels, and industrial products; and structural products, such as lumber, plywood, oriented strand boards, rebars and remesh, as well as other wood products that are used for structural support in construction projects.
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