BMC Stock (NASDAQ:BMCH)‘s stock had its “neutral” rating reissued by stock analysts at American Capital Partners in a research note issued to investors on Friday. They presently have a $26.00 price target on the stock, up from their previous price target of $25.00. American Capital Partners’ target price suggests a potential upside of 6.34% from the company’s current price.

A number of other analysts also recently issued reports on BMCH. Robert W. Baird reaffirmed a “buy” rating and set a $23.00 price objective on shares of BMC Stock in a report on Sunday, September 10th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $25.00 price objective (up from $23.00) on shares of BMC Stock in a report on Tuesday, November 7th. B. Riley reaffirmed a “buy” rating and set a $25.00 price objective (up from $22.00) on shares of BMC Stock in a report on Tuesday, November 7th. TheStreet upgraded shares of BMC Stock from a “c” rating to a “b-” rating in a research report on Friday, December 1st. Finally, BidaskClub cut shares of BMC Stock from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $24.43.

Shares of BMC Stock (NASDAQ BMCH) traded up $0.15 during trading hours on Friday, reaching $24.45. 519,100 shares of the company’s stock traded hands, compared to its average volume of 736,075. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.38 and a current ratio of 2.29. BMC Stock has a 1 year low of $17.45 and a 1 year high of $25.70. The company has a market cap of $1,640.00, a P/E ratio of 32.60 and a beta of 1.50.

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

In related news, insider Michael Alan Farmer sold 2,000 shares of the business’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $22.20, for a total transaction of $44,400.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Peter Alexander sold 28,000 shares of the business’s stock in a transaction dated Monday, October 9th. The shares were sold at an average price of $21.08, for a total transaction of $590,240.00. The disclosure for this sale can be found here. Insiders sold 255,000 shares of company stock worth $5,884,640 in the last 90 days. Corporate insiders own 3.70% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in BMCH. FNY Partners Fund LP boosted its stake in BMC Stock by 4,066.7% during the second quarter. FNY Partners Fund LP now owns 25,000 shares of the company’s stock worth $546,000 after acquiring an additional 24,400 shares in the last quarter. Vident Investment Advisory LLC bought a new stake in BMC Stock during the third quarter worth about $285,000. The Manufacturers Life Insurance Company boosted its stake in BMC Stock by 17.9% during the second quarter. The Manufacturers Life Insurance Company now owns 50,608 shares of the company’s stock worth $1,106,000 after acquiring an additional 7,691 shares in the last quarter. Teachers Advisors LLC boosted its stake in BMC Stock by 46.3% during the second quarter. Teachers Advisors LLC now owns 155,448 shares of the company’s stock worth $3,397,000 after acquiring an additional 49,192 shares in the last quarter. Finally, Prudential Financial Inc. boosted its stake in BMC Stock by 1,341.2% during the second quarter. Prudential Financial Inc. now owns 345,320 shares of the company’s stock worth $7,545,000 after acquiring an additional 321,360 shares in the last quarter.

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BMC Stock 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 (NASDAQ:BMCH)

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