Robert W. Baird restated their buy rating on shares of BMC Stock Holdings, Inc. (NASDAQ:BMCH) in a research note released on Monday. The brokerage currently has a $23.00 price target on the stock.

Several other equities research analysts have also commented on the stock. Zacks Investment Research lowered shares of BMC Stock Holdings from a hold rating to a sell rating in a report on Monday, July 10th. Royal Bank Of Canada restated a buy rating and issued a $24.00 price target on shares of BMC Stock Holdings in a report on Tuesday, July 18th. FBR & Co reduced their price target on shares of BMC Stock Holdings from $26.00 to $22.00 and set a buy rating for the company in a report on Tuesday, August 22nd. Finally, Barclays PLC reduced their price target on shares of BMC Stock Holdings from $24.00 to $22.00 and set an overweight rating for the company in a report on Friday, August 4th. One research analyst has rated the stock with a sell rating and five have issued a buy rating to the company. The stock currently has an average rating of Buy and an average target price of $23.40.

BMC Stock Holdings (BMCH) opened at 20.50 on Monday. The company has a 50-day moving average of $20.68 and a 200-day moving average of $21.36. BMC Stock Holdings has a 1-year low of $15.45 and a 1-year high of $23.90. The company has a market capitalization of $1.37 billion, a P/E ratio of 33.66 and a beta of 1.49.

BMC Stock Holdings (NASDAQ:BMCH) last announced its quarterly earnings data 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). BMC Stock Holdings had a net margin of 1.28% and a return on equity of 9.20%. The company had revenue of $886.38 million for the quarter, compared to the consensus estimate of $871.51 million. During the same quarter in the previous year, the business earned $0.32 EPS. The company’s quarterly revenue was up 11.1% compared to the same quarter last year. Equities analysts expect that BMC Stock Holdings will post $1.07 EPS for the current fiscal year.

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In other news, insider Peter Alexander sold 28,000 shares of the business’s stock in a transaction dated Monday, October 9th. The shares were sold at an average price of $21.08, for a total value of $590,240.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Lisa M. Hamblet sold 12,812 shares of the business’s stock in a transaction dated Wednesday, August 9th. The shares were 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 of the company’s stock, valued at approximately $1,543,449.06. The disclosure for this sale can be found here. In the last 90 days, insiders sold 60,812 shares of company stock valued at $1,261,786. Company insiders own 3.70% of the company’s stock.

Several large investors have recently bought and sold shares of the company. Robotti Robert raised its holdings in shares of BMC Stock Holdings by 2.4% in the 2nd quarter. Robotti Robert now owns 3,257,763 shares of the company’s stock valued at $63,243,000 after purchasing an additional 77,866 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of BMC Stock Holdings by 2.0% in the 2nd quarter. Vanguard Group Inc. now owns 2,558,236 shares of the company’s stock valued at $55,897,000 after purchasing an additional 51,273 shares in the last quarter. Boston Partners raised its holdings in shares of BMC Stock Holdings by 14.6% in the 2nd quarter. Boston Partners now owns 1,914,275 shares of the company’s stock valued at $41,827,000 after purchasing an additional 243,382 shares in the last quarter. Westfield Capital Management Co. LP raised its holdings in shares of BMC Stock Holdings by 64.3% in the 2nd quarter. Westfield Capital Management Co. LP now owns 1,718,041 shares of the company’s stock valued at $37,539,000 after purchasing an additional 672,491 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of BMC Stock Holdings by 30.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,461,647 shares of the company’s stock valued at $31,937,000 after purchasing an additional 339,360 shares in the last quarter.

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.

Analyst Recommendations for BMC Stock Holdings (NASDAQ:BMCH)

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