BMC Stock Holdings Inc (NASDAQ:BMCH) has received a consensus recommendation of “Buy” from the six analysts that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $23.40.

Several research firms have recently commented on BMCH. Royal Bank Of Canada reiterated a “buy” rating and set a $24.00 price target on shares of BMC Stock Holdings in a report on Tuesday, July 18th. Zacks Investment Research lowered shares of BMC Stock Holdings from a “hold” rating to a “sell” rating in a report on Monday, July 10th. Robert W. Baird restated a “buy” rating and issued a $23.00 price objective on shares of BMC Stock Holdings in a report on Sunday. Barclays PLC reduced their price objective on shares of BMC Stock Holdings from $24.00 to $22.00 and set an “overweight” rating on the stock in a report on Friday, August 4th. Finally, FBR & Co reduced their price objective on shares of BMC Stock Holdings from $26.00 to $22.00 and set a “buy” rating on the stock in a report on Tuesday, August 22nd.

In other news, insider James F. Jr. Major sold 20,000 shares of the business’s stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $20.24, for a total transaction of $404,800.00. Following the completion of the transaction, the insider now directly owns 176,482 shares of the company’s stock, valued at $3,571,995.68. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Lisa M. Hamblet sold 12,812 shares of the business’s stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $20.82, for a total value of $266,745.84. Following the transaction, the insider now directly owns 74,133 shares of the company’s stock, valued at $1,543,449.06. The disclosure for this sale can be found here. Insiders own 3.70% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Ameritas Investment Partners Inc. acquired a new position in BMC Stock Holdings in the first quarter valued at approximately $108,000. Acadian Asset Management LLC acquired a new position in BMC Stock Holdings in the first quarter valued at approximately $140,000. BNP Paribas Arbitrage SA boosted its holdings in BMC Stock Holdings by 2,853.3% in the second quarter. BNP Paribas Arbitrage SA now owns 7,147 shares of the company’s stock valued at $156,000 after purchasing an additional 6,905 shares in the last quarter. UBS Asset Management Americas Inc. acquired a new position in BMC Stock Holdings in the first quarter valued at approximately $209,000. Finally, TFS Capital LLC acquired a new position in BMC Stock Holdings in the first quarter valued at approximately $210,000.

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BMC Stock Holdings (BMCH) traded up 0.98% during mid-day trading on Friday, hitting $20.70. 374,643 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $20.55 and its 200-day moving average price is $21.44. The stock has a market cap of $1.39 billion, a PE ratio of 33.99 and a beta of 1.49. BMC Stock Holdings has a 12 month low of $15.45 and a 12 month high of $23.90.

BMC Stock Holdings (NASDAQ:BMCH) last posted its quarterly earnings results on Thursday, August 3rd. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.37 by $0.03. BMC Stock Holdings had a return on equity of 10.12% and a net margin of 1.99%. The company had revenue of $886.38 million for the quarter, compared to analysts’ expectations of $871.51 million. During the same quarter in the prior year, the firm earned $0.32 EPS. The firm’s revenue was up 11.1% on a year-over-year basis. Equities analysts expect that BMC Stock Holdings will post $1.08 EPS for the current fiscal year.

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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