BMC Stock (NASDAQ:BMCH) was upgraded by TheStreet from a “c” rating to a “b-” rating in a report released on Friday.

BMCH has been the topic of several other research reports. Zacks Investment Research lowered BMC Stock from a “hold” rating to a “sell” rating in a research note on Tuesday, August 8th. Royal Bank Of Canada reiterated a “buy” rating and issued a $26.00 price target on shares of BMC Stock in a research note on Wednesday, November 15th. FBR & Co reduced their price objective on BMC Stock from $26.00 to $22.00 and set a “buy” rating on the stock in a research report on Tuesday, August 22nd. B. Riley restated a “buy” rating and set a $25.00 price objective (up previously from $22.00) on shares of BMC Stock in a research report on Tuesday, November 7th. Finally, Barclays reduced their price objective on BMC Stock from $24.00 to $22.00 and set an “overweight” rating on the stock in a research report on Friday, August 4th. One investment analyst has rated the stock with a sell rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $24.00.

Shares of BMC Stock (BMCH) traded up $0.35 during midday trading on Friday, reaching $23.35. The company’s stock had a trading volume of 1,019,200 shares, compared to its average volume of 559,976. The firm has a market cap of $1,560.00, a PE ratio of 23.47 and a beta of 1.50. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.29 and a quick ratio of 1.38. BMC Stock has a 52-week low of $17.45 and a 52-week high of $23.90.

BMC Stock (NASDAQ:BMCH) last announced its quarterly earnings data on Monday, November 6th. The company reported $0.34 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.01). The company had revenue of $881.01 million during the quarter, compared to analyst estimates of $888.09 million. BMC Stock had a net margin of 1.53% and a return on equity of 9.42%. BMC Stock’s revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.32 earnings per share. equities research analysts expect that BMC Stock will post 0.98 earnings per share for the current fiscal year.

In other BMC Stock news, Director Jeffrey Gene Rea sold 1,221 shares of the company’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $23.00, for a total value of $28,083.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Michael Alan Farmer sold 2,000 shares of the company’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $22.20, for a total value of $44,400.00. The disclosure for this sale can be found here. Insiders have sold a total of 180,000 shares of company stock worth $4,009,640 in the last 90 days. 3.70% of the stock is currently owned by corporate insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BMCH. Zions Bancorporation bought a new stake in shares of BMC Stock in the 3rd quarter valued at about $110,000. Ameritas Investment Partners Inc. grew its position in shares of BMC Stock by 20.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 5,748 shares of the company’s stock valued at $126,000 after buying an additional 989 shares during the last quarter. BNP Paribas Arbitrage SA grew its position in shares of BMC Stock by 2,853.3% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,147 shares of the company’s stock valued at $156,000 after buying an additional 6,905 shares during the last quarter. Aperio Group LLC bought a new stake in shares of BMC Stock in the 3rd quarter valued at about $209,000. Finally, Koch Industries Inc. bought a new stake in shares of BMC Stock in the 2nd quarter valued at about $244,000.

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About BMC Stock

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 (NASDAQ:BMCH)

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