Media headlines about BMC Stock (NASDAQ:BMCH) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. BMC Stock earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.3468565222716 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
BMCH has been the topic of several research reports. BidaskClub lowered shares of BMC Stock from a “hold” rating to a “sell” rating in a research note on Tuesday, April 17th. ValuEngine lowered shares of BMC Stock from a “hold” rating to a “sell” rating in a research note on Thursday, April 26th. Zacks Investment Research upgraded shares of BMC Stock from a “hold” rating to a “buy” rating and set a $19.00 price objective on the stock in a research note on Tuesday, May 1st. TheStreet upgraded shares of BMC Stock from a “c+” rating to a “b-” rating in a research note on Thursday, June 14th. Finally, MKM Partners initiated coverage on shares of BMC Stock in a research note on Wednesday, June 27th. They set a “neutral” rating and a $23.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the company’s stock. BMC Stock has a consensus rating of “Hold” and a consensus price target of $24.25.
Shares of NASDAQ:BMCH traded down $0.30 during trading hours on Friday, hitting $22.35. The stock had a trading volume of 256,139 shares, compared to its average volume of 430,689. BMC Stock has a 1-year low of $17.10 and a 1-year high of $25.70. The firm has a market capitalization of $1.52 billion, a P/E ratio of 21.91 and a beta of 1.40. The company has a current ratio of 2.17, a quick ratio of 1.26 and a debt-to-equity ratio of 0.44.
BMC Stock (NASDAQ:BMCH) last announced its quarterly earnings results on Monday, July 30th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.45 by $0.19. BMC Stock had a net margin of 2.58% and a return on equity of 13.32%. The company had revenue of $998.50 million for the quarter, compared to analyst estimates of $986.73 million. During the same quarter last year, the business earned $0.34 earnings per share. BMC Stock’s revenue was up 15.2% compared to the same quarter last year. analysts predict that BMC Stock will post 1.64 EPS for the current year.
In other BMC Stock news, Director Carl R. Vertuca, Jr. sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 5th. The shares were sold at an average price of $21.00, for a total value of $210,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Carl R. Vertuca, Jr. sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, May 14th. The shares were sold at an average price of $19.88, for a total transaction of $39,760.00. The disclosure for this sale can be found here. Insiders sold 22,676 shares of company stock worth $484,159 in the last 90 days. 1.20% of the stock is owned by company insiders.
About BMC Stock
BMC Stock Holdings, Inc operates as lumber and building materials distributor and solutions provider in the United States. Its primary products include structural components, such as floor trusses, 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 trim, custom millwork, moldings, stairs and stair parts, and cabinetry and other products.
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