Stock Building Supply Holdings Inc. (NASDAQ:BMCH) shares reached a new 52-week high on Monday . The company traded as high as $20.20 and last traded at $19.98, with a volume of 322,671 shares. The stock had previously closed at $19.55.

A number of research analysts recently weighed in on BMCH shares. Zacks Investment Research raised Stock Building Supply Holdings from a “sell” rating to a “hold” rating in a report on Friday. SunTrust Banks Inc. started coverage on Stock Building Supply Holdings in a report on Tuesday, April 19th. They set a “buy” rating and a $21.00 target price on the stock. Royal Bank Of Canada started coverage on Stock Building Supply Holdings in a report on Tuesday, May 31st. They set an “outperform” rating and a $22.00 target price on the stock. FBR & Co reissued an “outperform” rating on shares of Stock Building Supply Holdings in a report on Tuesday, May 31st. Finally, Vetr raised Stock Building Supply Holdings from a “buy” rating to a “strong-buy” rating and set a $21.81 target price on the stock in a report on Monday, June 6th. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. Stock Building Supply Holdings presently has a consensus rating of “Buy” and a consensus price target of $21.23.

The company’s 50-day moving average price is $18.71 and its 200 day moving average price is $16.69. The stock’s market cap is $1.32 billion.

Stock Building Supply Holdings (NASDAQ:BMCH) last posted its earnings results on Thursday, May 5th. The company reported $0.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.05. The company earned $727.40 million during the quarter, compared to the consensus estimate of $700.86 million. The business’s revenue was up 23.2% compared to the same quarter last year. On average, equities research analysts predict that Stock Building Supply Holdings Inc. will post $0.85 earnings per share for the current year.

In other news, major shareholder Davidson Kempner Partners sold 1,589,333 shares of the firm’s stock in a transaction that occurred on Wednesday, May 18th. The stock was sold at an average price of $17.00, for a total value of $27,018,661.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, major shareholder Gores Group, Llc sold 1,500,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 24th. The shares were sold at an average price of $16.28, for a total value of $24,420,000.00. The disclosure for this sale can be found here.

BMC Stock Holdings, Inc, formerly Stock Building Supply Holdings, Inc, is a diversified lumber and building materials (LBM) distributor and solutions provider that sells to construction and repair and remodeling contractors. The Company’s operating segments include Mid-Atlantic, Southeast, Texas, Intermountain, West and Mountain West divisions.

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