BMC Stock’s (BMCH) Neutral Rating Reaffirmed at American Capital Partners

American Capital Partners restated their neutral rating on shares of BMC Stock (NASDAQ:BMCH) in a report released on Friday. American Capital Partners currently has a $26.00 price target on the stock, up from their prior price target of $25.00.

Several other research analysts also recently commented on BMCH. Robert W. Baird reaffirmed a buy rating and issued a $23.00 price objective on shares of BMC Stock in a report on Sunday, September 10th. Royal Bank of Canada reiterated an outperform rating and issued a $25.00 target price (up from $23.00) on shares of BMC Stock in a research note on Tuesday, November 7th. B. Riley reiterated a buy rating and issued a $25.00 target price (up from $22.00) on shares of BMC Stock in a research note on Tuesday, November 7th. TheStreet upgraded shares of BMC Stock from a c rating to a b- rating in a research note on Friday, December 1st. Finally, BidaskClub cut shares of BMC Stock from a buy rating to a hold rating in a research note on Tuesday, December 12th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of $24.75.

BMC Stock (NASDAQ BMCH) traded up $0.10 on Friday, reaching $24.55. 562,700 shares of the company traded hands, compared to its average volume of 701,400. The company has a market cap of $1,639.06, a P/E ratio of 32.73 and a beta of 1.50. BMC Stock has a 52 week low of $17.45 and a 52 week high of $25.70. 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 released its quarterly earnings data on Monday, November 6th. The company reported $0.34 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.01). The business had revenue of $881.01 million during the quarter, compared to the consensus estimate of $888.09 million. BMC Stock had a return on equity of 9.42% and a net margin of 1.53%. The firm’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period last year, the business posted $0.32 earnings per share. equities analysts anticipate that BMC Stock will post 0.99 earnings per share for the current year.

In other news, insider Michael Alan Farmer sold 2,000 shares of the firm’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $22.20, for a total transaction of $44,400.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Jeffrey Gene Rea sold 75,000 shares of the firm’s stock in a transaction on Tuesday, December 26th. The shares were sold at an average price of $25.00, for a total transaction of $1,875,000.00. The disclosure for this sale can be found here. Insiders sold a total of 227,000 shares of company stock worth $5,294,400 over the last quarter. Corporate insiders own 3.70% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. FNY Partners Fund LP raised its position in shares of BMC Stock by 4,066.7% during the 2nd quarter. FNY Partners Fund LP now owns 25,000 shares of the company’s stock valued at $546,000 after buying an additional 24,400 shares in the last quarter. Vident Investment Advisory LLC purchased a new stake in shares of BMC Stock during the 3rd quarter valued at $285,000. The Manufacturers Life Insurance Company raised its position in BMC Stock by 17.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 50,608 shares of the company’s stock worth $1,106,000 after purchasing an additional 7,691 shares during the period. Teachers Advisors LLC raised its position in BMC Stock by 46.3% in the 2nd quarter. Teachers Advisors LLC now owns 155,448 shares of the company’s stock worth $3,397,000 after purchasing an additional 49,192 shares during the period. Finally, Prudential Financial Inc. raised its position in BMC Stock by 1,341.2% in the 2nd quarter. Prudential Financial Inc. now owns 345,320 shares of the company’s stock worth $7,545,000 after purchasing an additional 321,360 shares during the period.

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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.

Analyst Recommendations for BMC Stock (NASDAQ:BMCH)

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