Stock Building Supply Holdings Inc. (NASDAQ:BMCH) was down 1% during mid-day trading on Thursday . The stock traded as low as $19.45 and last traded at $20.26, with a volume of 861,010 shares. The stock had previously closed at $20.46.

Several equities research analysts have recently issued reports on BMCH shares. Robert W. Baird restated a “buy” rating on shares of Stock Building Supply Holdings in a research note on Sunday, May 8th. SunTrust Banks Inc. started coverage on shares of Stock Building Supply Holdings in a research note on Tuesday, April 19th. They issued a “buy” rating and a $21.00 price objective on the stock. Vetr downgraded shares of Stock Building Supply Holdings from a “strong-buy” rating to a “buy” rating and set a $20.07 price objective on the stock. in a research note on Monday, May 23rd. Zacks Investment Research upgraded shares of Stock Building Supply Holdings from a “sell” rating to a “hold” rating in a research note on Friday, July 22nd. Finally, Credit Suisse Group AG started coverage on shares of Stock Building Supply Holdings in a research note on Monday, June 20th. They issued an “outperform” rating and a $22.00 price objective on the stock. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $21.23.

The company has a 50-day moving average of $19.20 and a 200 day moving average of $17.33. The stock has a market capitalization of $1.33 billion and a PE ratio of 140.28.

Stock Building Supply Holdings (NASDAQ:BMCH) last announced its quarterly earnings data on Monday, August 8th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.08. The company had revenue of $797.50 million for the quarter, compared to the consensus estimate of $782.54 million. The company’s revenue for the quarter was up 123.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.25 EPS. Equities analysts predict that Stock Building Supply Holdings Inc. will post $0.95 EPS for the current year.

In other news, major shareholder Gores Group, Llc sold 1,500,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 24th. The stock was sold at an average price of $16.28, for a total transaction of $24,420,000.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder Davidson Kempner Partners sold 1,589,333 shares of the company’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 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.