Share on StockTwits

Equities researchers at Robert W. Baird dropped their target price on shares of Stock Building Supply Hldg (NASDAQ:STCK) from $22.00 to $20.00 in a research report issued on Wednesday, ARN reports. Robert W. Baird’s price objective would indicate a potential upside of 19.76% from the company’s current price.

A number of other firms have also recently commented on STCK. Analysts at Zacks downgraded shares of Stock Building Supply Hldg from an “outperform” rating to a “neutral” rating in a research note on Tuesday. They now have a $21.90 price target on the stock. Separately, analysts at Barclays cut their price target on shares of Stock Building Supply Hldg from $22.00 to $21.00 in a research note on Monday. Finally, analysts at Citigroup Inc. reiterated a “hold” rating on shares of Stock Building Supply Hldg in a research note on Wednesday, April 23rd. They now have a $19.50 price target on the stock. Four analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and an average target price of $20.60.

Shares of Stock Building Supply Hldg (NASDAQ:STCK) traded up 0.30% on Wednesday, hitting $16.75. The stock had a trading volume of 131,723 shares. Stock Building Supply Hldg has a 52-week low of $12.45 and a 52-week high of $23.33. The stock’s 50-day moving average is $19.49 and its 200-day moving average is $18.07. The company’s market cap is $437.4 million.

Stock Building Supply Hldg (NASDAQ:STCK) last issued its quarterly earnings data on Tuesday, April 29th. The company reported ($0.13) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.06) by $0.07. The company had revenue of $280.00 million for the quarter, compared to the consensus estimate of $276.13 million. Stock Building Supply Hldg’s revenue was up 12.6% compared to the same quarter last year. On average, analysts predict that Stock Building Supply Hldg will post $0.79 earnings per share for the current fiscal year.

Stock Building Supply Holdings, Inc is a diversified lumber and building materials (NASDAQ:STCK) distributor and solutions provider that sells to new construction and repair and remodel contractors.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.