Several other analysts also recently commented on the company. ValuEngine raised BMC Stock from a sell rating to a hold rating in a research note on Wednesday, April 10th. TheStreet raised BMC Stock from a c+ rating to a b- rating in a research note on Wednesday, March 20th. Wedbush reaffirmed an outperform rating and set a $23.00 price objective on shares of BMC Stock in a research note on Tuesday, March 12th. Credit Suisse Group set a $20.00 price objective on BMC Stock and gave the stock a hold rating in a research note on Friday, March 1st. Finally, Royal Bank of Canada set a $20.00 price objective on BMC Stock and gave the stock a hold rating in a research note on Friday, March 1st. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the stock. BMC Stock currently has an average rating of Hold and a consensus target price of $21.29.
Shares of BMC Stock stock opened at $20.15 on Friday. The firm has a market cap of $1.34 billion, a P/E ratio of 10.83, a price-to-earnings-growth ratio of 2.94 and a beta of 1.17. BMC Stock has a 12 month low of $14.66 and a 12 month high of $23.15. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.82 and a current ratio of 2.86.
In other news, Director David W. Bullock purchased 5,000 shares of the company’s stock in a transaction on Monday, March 11th. The shares were purchased at an average price of $18.49 per share, with a total value of $92,450.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Carl R. Vertuca, Jr. sold 2,500 shares of BMC Stock stock in a transaction dated Friday, February 15th. The shares were sold at an average price of $18.00, for a total value of $45,000.00. The disclosure for this sale can be found here. Insiders sold a total of 10,000 shares of company stock worth $188,750 in the last three months. Company insiders own 1.20% of the company’s stock.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Quantamental Technologies LLC acquired a new stake in shares of BMC Stock in the 4th quarter valued at about $51,000. Citigroup Inc. raised its stake in shares of BMC Stock by 90.1% in the 4th quarter. Citigroup Inc. now owns 9,277 shares of the company’s stock valued at $144,000 after purchasing an additional 4,397 shares during the period. United Services Automobile Association bought a new position in shares of BMC Stock in the 4th quarter valued at about $167,000. Janus Henderson Group PLC bought a new position in shares of BMC Stock in the 3rd quarter valued at about $206,000. Finally, O Shaughnessy Asset Management LLC grew its holdings in shares of BMC Stock by 9.0% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 14,750 shares of the company’s stock valued at $228,000 after acquiring an additional 1,214 shares in the last quarter.
BMC Stock Company Profile
BMC Stock Holdings, Inc distributes lumber and building materials to new construction, and repair and remodeling contractors in the United States. Its products comprise structural components, such as floor and 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 trims, custom millworks, moldings, stairs and stair parts, and cabinetry and other products.
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