B. Riley Weighs in on BMC Stock Holdings Inc’s FY2017 Earnings (BMCH)

BMC Stock Holdings Inc (NASDAQ:BMCH) – Equities research analysts at B. Riley increased their FY2017 earnings per share estimates for shares of BMC Stock in a research note issued on Wednesday. B. Riley analyst A. Rygiel now anticipates that the company will post earnings of $0.97 per share for the year, up from their prior forecast of $0.92. B. Riley has a “Neutral” rating and a $26.00 price target on the stock. B. Riley also issued estimates for BMC Stock’s FY2018 earnings at $1.51 EPS.

A number of other research analysts have also recently issued reports on BMCH. Robert W. Baird reaffirmed 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 reaffirmed 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. TheStreet raised BMC Stock from a “c” rating to a “b-” rating in a research note on Friday, December 1st. BidaskClub cut BMC Stock from a “buy” rating to a “hold” rating in a research note on Tuesday, December 12th. Finally, Zacks Investment Research raised BMC Stock from a “sell” rating to a “hold” rating in a research note on Friday. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $24.43.

BMC Stock (NASDAQ:BMCH) opened at $24.45 on Friday. BMC Stock has a 12 month low of $17.45 and a 12 month high of $25.70. The stock has a market capitalization of $1,629.01, a PE ratio of 32.60 and a beta of 1.50. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.38 and a current ratio of 2.29.

BMC Stock (NASDAQ:BMCH) last announced its quarterly earnings data on Monday, November 6th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.35 by ($0.01). BMC Stock had a net margin of 1.53% and a return on equity of 9.42%. The company had revenue of $881.01 million for the quarter, compared to the consensus estimate of $888.09 million. During the same period last year, the business posted $0.32 earnings per share. The firm’s quarterly revenue was up 7.3% compared to the same quarter last year.

In other BMC Stock news, insider Keith Costello bought 15,000 shares of the business’s stock in a transaction that occurred on 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jeffrey Gene Rea sold 75,000 shares of BMC Stock stock in a transaction that occurred on Tuesday, December 26th. The shares were sold at an average price of $25.00, for a total value of $1,875,000.00. The disclosure for this sale can be found here. Insiders sold 255,000 shares of company stock worth $5,884,640 over the last three months. 3.70% of the stock is owned by insiders.

Institutional investors have recently bought and sold shares of the business. Zions Bancorporation bought a new stake in BMC Stock during the 3rd quarter valued at approximately $110,000. Ameritas Investment Partners Inc. boosted its position in BMC Stock by 20.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 5,748 shares of the company’s stock valued at $126,000 after acquiring an additional 989 shares in the last quarter. BNP Paribas Arbitrage SA boosted its position in BMC Stock by 2,853.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,147 shares of the company’s stock valued at $156,000 after acquiring an additional 6,905 shares in the last quarter. Aperio Group LLC bought a new stake in BMC Stock during the 3rd quarter valued at approximately $209,000. Finally, Vident Investment Advisory LLC bought a new stake in BMC Stock during the 3rd quarter valued at approximately $285,000.

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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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