BMC Stock Holdings, Inc. (NASDAQ:BMCH)’s share price shot up 5.4% during mid-day trading on Monday . The stock traded as high as $19.90 and last traded at $19.65, with a volume of 909,383 shares changing hands. The stock had previously closed at $18.65.

BMCH has been the subject of several recent research reports. Royal Bank Of Canada restated a “buy” rating and set a $24.00 price objective on shares of BMC Stock Holdings in a report on Wednesday, June 7th. Zacks Investment Research upgraded BMC Stock Holdings from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a report on Thursday, May 11th. Barclays PLC set a $24.00 price objective on BMC Stock Holdings and gave the company a “buy” rating in a report on Monday, May 8th. Finally, FBR & Co decreased their price objective on BMC Stock Holdings from $26.00 to $22.00 and set a “buy” rating for the company in a report on Tuesday, August 22nd. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $23.60.

The stock has a market capitalization of $1.36 billion, a PE ratio of 33.33 and a beta of 1.47. The company’s 50 day moving average is $20.96 and its 200-day moving average is $21.41.

BMC Stock Holdings (NASDAQ:BMCH) last posted its earnings results on Thursday, August 3rd. The company reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by $0.03. The company had revenue of $886.38 million for the quarter, compared to analysts’ expectations of $871.51 million. BMC Stock Holdings had a return on equity of 9.20% and a net margin of 1.28%. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.32 EPS. Analysts expect that BMC Stock Holdings, Inc. will post $1.08 EPS for the current year.

In other BMC Stock Holdings news, insider Lisa M. Hamblet sold 12,812 shares of the company’s stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $20.82, for a total transaction of $266,745.84. Following the completion of the sale, the insider now owns 74,133 shares in the company, valued at $1,543,449.06. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 3.70% of the stock is owned by corporate insiders.

A number of hedge funds have recently bought and sold shares of the company. Koch Industries Inc. acquired a new stake in shares of BMC Stock Holdings during the second quarter valued at approximately $244,000. Sterling Capital Management LLC acquired a new stake in shares of BMC Stock Holdings during the second quarter valued at approximately $1,074,000. Ameritas Investment Partners Inc. raised its stake in shares of BMC Stock Holdings by 20.8% in the second quarter. Ameritas Investment Partners Inc. now owns 5,748 shares of the company’s stock valued at $126,000 after buying an additional 989 shares in the last quarter. California State Teachers Retirement System raised its stake in shares of BMC Stock Holdings by 6.9% in the second quarter. California State Teachers Retirement System now owns 116,066 shares of the company’s stock valued at $2,536,000 after buying an additional 7,498 shares in the last quarter. Finally, Highlander Capital Management LLC raised its stake in shares of BMC Stock Holdings by 2.2% in the second quarter. Highlander Capital Management LLC now owns 22,800 shares of the company’s stock valued at $504,000 after buying an additional 500 shares in the last quarter.

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BMC Stock Holdings 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.

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