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NYSE:BXC

BlueLinx (BXC) Stock Price, News & Analysis

BlueLinx logo
$109.89
+0.43 (+0.39%)
(As of 11/1/2024 ET)

About BlueLinx Stock (NYSE:BXC)

Key Stats

Today's Range
$109.26
$113.58
50-Day Range
$91.16
$112.88
52-Week Range
$74.50
$132.67
Volume
56,897 shs
Average Volume
82,095 shs
Market Capitalization
$920.88 million
P/E Ratio
31.94
Dividend Yield
N/A
Price Target
$135.67
Consensus Rating
Buy

Company Overview

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. It also provides various value-added services and solutions to customers and suppliers. The company serves national home centers, pro dealers, cooperatives, specialty distributors, regional and local dealers, and industrial manufacturers. BlueLinx Holdings Inc. was incorporated in 2004 and is headquartered in Marietta, Georgia.

BlueLinx Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
39th Percentile Overall Score

BXC MarketRank™: 

BlueLinx scored higher than 39% of companies evaluated by MarketBeat, and ranked 86th out of 102 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    BlueLinx has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    BlueLinx has received no research coverage in the past 90 days.

  • Read more about BlueLinx's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of BlueLinx is 31.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.25.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of BlueLinx is 31.94, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 29.04.

  • Price to Book Value per Share Ratio

    BlueLinx has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about BlueLinx's valuation and earnings.
  • Percentage of Shares Shorted

    2.50% of the float of BlueLinx has been sold short.
  • Short Interest Ratio / Days to Cover

    BlueLinx has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in BlueLinx has recently increased by 5.31%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    BlueLinx does not currently pay a dividend.

  • Dividend Growth

    BlueLinx does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.50% of the float of BlueLinx has been sold short.
  • Short Interest Ratio / Days to Cover

    BlueLinx has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in BlueLinx has recently increased by 5.31%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    BlueLinx has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 14 news articles for BlueLinx this week, compared to 2 articles on an average week.
  • Search Interest

    1 people have searched for BXC on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 1 people have added BlueLinx to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, BlueLinx insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 3.38% of the stock of BlueLinx is held by insiders.

  • Percentage Held by Institutions

    90.83% of the stock of BlueLinx is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about BlueLinx's insider trading history.
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BXC Stock News Headlines

Short Interest in BlueLinx Holdings Inc. (NYSE:BXC) Increases By 5.3%
BlueLinx Reports Q3 2024 Financial Performance
625,000% Gain
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Bluelinx Holdings (BXC) Gets a Buy from Craig-Hallum
BlueLinx Announces Third Quarter 2024 Results
An Overview of BlueLinx Hldgs's Earnings
See More Headlines

BXC Stock Analysis - Frequently Asked Questions

BlueLinx's stock was trading at $113.31 at the beginning of the year. Since then, BXC stock has decreased by 3.0% and is now trading at $109.89.
View the best growth stocks for 2024 here
.

BlueLinx Holdings Inc. (NYSE:BXC) issued its quarterly earnings results on Monday, November, 1st. The construction company reported $4.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.78 by $0.96. The construction company earned $970.84 million during the quarter. BlueLinx had a net margin of 1.01% and a trailing twelve-month return on equity of 10.44%.

Top institutional shareholders of BlueLinx include Harbor Capital Advisors Inc. (1.61%), Oliver Luxxe Assets LLC (0.17%), Summit Global Investments (0.14%) and SG Americas Securities LLC (0.13%).
View institutional ownership trends
.

Shares of BXC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that BlueLinx investors own include Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Home Depot (HD), Visa (V) and Exxon Mobil (XOM).

Company Calendar

Last Earnings
11/01/2021
Today
11/02/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/18/2025

Industry, Sector and Symbol

Industry
Lumber, plywood, & millwork
Sub-Industry
Trading Companies & Distributors
CUSIP
09624H10
Employees
2,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$135.67
High Stock Price Target
$137.00
Low Stock Price Target
$135.00
Potential Upside/Downside
+23.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$48.54 million
Pretax Margin
1.89%

Debt

Sales & Book Value

Annual Sales
$3.14 billion
Cash Flow
$13.32 per share
Book Value
$78.23 per share

Miscellaneous

Free Float
8,238,000
Market Cap
$920.88 million
Optionable
Optionable
Beta
1.94

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This page (NYSE:BXC) was last updated on 11/2/2024 by MarketBeat.com Staff
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