BMC Stock Holdings Inc. (NASDAQ:BMCH)‘s stock had its “outperform” rating restated by stock analysts at FBR & Co in a research note issued on Tuesday. They presently have a $21.00 price objective on the stock, down from their previous price objective of $23.00. FBR & Co’s price objective points to a potential upside of 9.66% from the company’s current price.
Other research analysts have also recently issued reports about the company. Zacks Investment Research raised BMC Stock Holdings from a “sell” rating to a “hold” rating in a research note on Friday, July 22nd. RBC Capital Markets reissued a “buy” rating and set a $24.00 target price on shares of BMC Stock Holdings in a research note on Friday, August 19th. One analyst has rated the stock with a sell rating, one has given a hold rating, six have given a buy rating and one has given a strong buy rating to the company. BMC Stock Holdings currently has an average rating of “Buy” and an average price target of $20.87.
Shares of BMC Stock Holdings (NASDAQ:BMCH) traded down 0.52% on Tuesday, hitting $19.15. The stock had a trading volume of 78,298 shares. The stock has a 50 day moving average price of $17.36 and a 200-day moving average price of $18.67. The company has a market cap of $1.28 billion, a price-to-earnings ratio of 90.33 and a beta of 1.42. BMC Stock Holdings has a 12-month low of $12.14 and a 12-month high of $21.50.
BMC Stock Holdings (NASDAQ:BMCH) last issued its quarterly earnings data on Monday, November 7th. The company reported $0.32 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.30 by $0.02. BMC Stock Holdings had a return on equity of 8.61% and a net margin of 0.46%. The business earned $821.20 million during the quarter, compared to analysts’ expectations of $851.14 million. The firm’s revenue was up 97.2% compared to the same quarter last year. On average, equities analysts expect that BMC Stock Holdings will post $0.93 earnings per share for the current year.
In other BMC Stock Holdings news, Director Carl R. Vertuca, Jr. sold 24,000 shares of BMC Stock Holdings stock in a transaction dated Monday, November 21st. The stock was sold at an average price of $18.99, for a total transaction of $455,760.00. Following the completion of the sale, the director now directly owns 134,549 shares of the company’s stock, valued at approximately $2,555,085.51. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Carl R. Vertuca, Jr. sold 12,339 shares of BMC Stock Holdings stock in a transaction dated Friday, November 11th. The stock was sold at an average price of $18.08, for a total value of $223,089.12. Following the sale, the director now directly owns 134,549 shares of the company’s stock, valued at $2,432,645.92. The disclosure for this sale can be found here. Company insiders own 5.15% of the company’s stock.
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