Equities research analysts expect BMC Stock Holdings Inc (NASDAQ:BMCH) to post $867.33 million in sales for the current quarter, according to Zacks. Six analysts have made estimates for BMC Stock’s earnings. The highest sales estimate is $882.10 million and the lowest is $853.49 million. BMC Stock reported sales of $840.88 million in the same quarter last year, which indicates a positive year-over-year growth rate of 3.1%. The company is expected to issue its next quarterly earnings results on Tuesday, February 26th.
On average, analysts expect that BMC Stock will report full-year sales of $3.69 billion for the current financial year, with estimates ranging from $3.68 billion to $3.71 billion. For the next year, analysts expect that the firm will report sales of $3.66 billion, with estimates ranging from $3.60 billion to $3.75 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that that provide coverage for BMC Stock.
BMC Stock (NASDAQ:BMCH) last posted its quarterly earnings data on Thursday, November 1st. The company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.09. The business had revenue of $990.00 million during the quarter, compared to analyst estimates of $957.79 million. BMC Stock had a net margin of 2.98% and a return on equity of 14.58%. The company’s revenue was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.34 earnings per share.
In other BMC Stock news, insider Michael Alan Farmer sold 3,200 shares of the business’s stock in a transaction that occurred on Thursday, November 8th. The shares were sold at an average price of $17.31, for a total transaction of $55,392.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider David E. Flitman acquired 11,000 shares of the firm’s stock in a transaction on Tuesday, November 6th. The shares were acquired at an average price of $17.99 per share, with a total value of $197,890.00. The disclosure for this purchase can be found here. Corporate insiders own 1.20% of the company’s stock.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in BMCH. Public Employees Retirement Association of Colorado grew its stake in BMC Stock by 101.1% during the third quarter. Public Employees Retirement Association of Colorado now owns 7,205 shares of the company’s stock worth $134,000 after buying an additional 3,623 shares during the period. Macquarie Group Ltd. purchased a new stake in BMC Stock during the second quarter worth approximately $161,000. Buckingham Asset Management LLC purchased a new stake in BMC Stock during the third quarter worth approximately $187,000. Janus Henderson Group PLC purchased a new stake in BMC Stock during the third quarter worth approximately $206,000. Finally, Chicago Equity Partners LLC purchased a new stake in BMC Stock during the third quarter worth approximately $228,000.
Shares of NASDAQ:BMCH traded down $0.79 during trading on Friday, reaching $16.71. The stock had a trading volume of 5,740 shares, compared to its average volume of 458,912. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.38 and a quick ratio of 1.43. The firm has a market cap of $1.15 billion, a PE ratio of 17.14, a P/E/G ratio of 2.01 and a beta of 1.32. BMC Stock has a fifty-two week low of $15.54 and a fifty-two week high of $25.70.
BMC Stock Company Profile
BMC Stock Holdings, Inc operates as lumber and building materials distributor and solutions provider in the United States. Its primary products include structural components, such as floor trusses, roof trusses, wall panels, and engineered wood products; lumber and lumber sheet goods, including dimensional lumber, plywood, and oriented strand board products used in on-site house framing under the Ready-Frame brand; and millwork, doors, and windows comprising interior and exterior doors, windows, interior trim, custom millwork, moldings, stairs and stair parts, and cabinetry and other products.
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