Stock Building Supply Holdings Inc. (NASDAQ:BMCH) shares fell 2% during trading on Wednesday . The stock traded as low as $17.72 and last traded at $17.75, with a volume of 145,517 shares traded. The stock had previously closed at $18.11.

Several research firms have recently commented on BMCH. Robert W. Baird began coverage on Stock Building Supply Holdings in a research report on Wednesday, June 1st. They set a “buy” rating and a $23.00 price target for the company. FBR & Co began coverage on Stock Building Supply Holdings in a research report on Wednesday, June 1st. They set an “outperform” rating and a $22.00 price target for the company. Zacks Investment Research upgraded Stock Building Supply Holdings from a “sell” rating to a “hold” rating and set a $22.00 price target for the company in a research report on Tuesday, August 9th. Credit Suisse Group AG began coverage on Stock Building Supply Holdings in a research report on Monday, June 20th. They set an “outperform” rating and a $22.00 price target for the company. Finally, RBC Capital Markets restated a “buy” rating and set a $24.00 price target on shares of Stock Building Supply Holdings in a research report on Friday, August 19th. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $21.76.

The company has a market capitalization of $1.20 billion, a PE ratio of 127.87 and a beta of 1.36. The stock’s 50-day moving average price is $19.88 and its 200-day moving average price is $18.44.

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Stock Building Supply Holdings (NASDAQ:BMCH) last issued its quarterly earnings results on Monday, August 8th. The company reported $0.32 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.08. The company earned $797.50 million during the quarter, compared to the consensus estimate of $782.54 million. Stock Building Supply Holdings had a return on equity of 8.31% and a net margin of 0.41%. Stock Building Supply Holdings’s revenue was up 123.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.25 EPS. Equities research analysts anticipate that Stock Building Supply Holdings Inc. will post $0.96 EPS for the current year.

In other Stock Building Supply Holdings news, major shareholder Gores Group, Llc sold 1,000,000 shares of the business’s stock in a transaction on Tuesday, August 16th. The stock was sold at an average price of $19.80, for a total value of $19,800,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 5.15% of the stock is owned by company insiders.

Stock Building Supply Holdings Company Profile

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.

5 Day Chart for NASDAQ:BMCH

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