BMC Stock Holdings Inc (NASDAQ:BMCH) – Analysts at B. Riley boosted their FY2017 EPS estimates for shares of BMC Stock in a research note issued to investors on Wednesday. B. Riley analyst A. Rygiel now expects that the company will post earnings of $0.97 per share for the year, up from their prior forecast of $0.92. B. Riley has a “Neutral” rating and a $26.00 price objective on the stock. B. Riley also issued estimates for BMC Stock’s FY2018 earnings at $1.51 EPS.

BMC Stock (NASDAQ:BMCH) last issued its quarterly earnings data on Monday, November 6th. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.01). BMC Stock had a return on equity of 9.42% and a net margin of 1.53%. The business had revenue of $881.01 million during the quarter, compared to analyst estimates of $888.09 million. During the same quarter last year, the firm earned $0.32 EPS. BMC Stock’s revenue for the quarter was up 7.3% compared to the same quarter last year.

Several other brokerages have also recently commented on BMCH. BidaskClub upgraded shares of BMC Stock from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, December 27th. TheStreet raised shares of BMC Stock from a “c” rating to a “b-” rating in a report on Friday, December 1st. Royal Bank of Canada reaffirmed a “buy” rating and set a $26.00 price target on shares of BMC Stock in a report on Wednesday, November 15th. Finally, Robert W. Baird reaffirmed a “buy” rating and set a $23.00 price target on shares of BMC Stock in a report on Monday, October 9th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $24.17.

BMC Stock (NASDAQ:BMCH) opened at $24.30 on Friday. The company has a market cap of $1,642.42, a P/E ratio of 32.40 and a beta of 1.50. The company has a quick ratio of 1.38, a current ratio of 2.29 and a debt-to-equity ratio of 0.57. BMC Stock has a 12-month low of $17.45 and a 12-month high of $25.70.

Hedge funds and other institutional investors have recently modified their holdings of the company. Zions Bancorporation acquired a new position in shares of BMC Stock in the 3rd quarter worth approximately $110,000. Ameritas Investment Partners Inc. lifted 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 worth $126,000 after purchasing an additional 989 shares during the period. BNP Paribas Arbitrage SA lifted 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 worth $156,000 after purchasing an additional 6,905 shares during the period. Aperio Group LLC acquired a new position in shares of BMC Stock in the 3rd quarter worth approximately $209,000. Finally, Vident Investment Advisory LLC acquired a new position in shares of BMC Stock in the 3rd quarter worth approximately $285,000.

In other BMC Stock news, insider Michael Alan Farmer sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $22.20, for a total transaction of $44,400.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jeffrey Gene Rea sold 75,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 26th. The stock was sold at an average price of $25.00, for a total transaction of $1,875,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 255,000 shares of company stock worth $5,884,640 over the last three months. Insiders own 3.70% of the company’s stock.

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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.

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