Analysts Anticipate BMC Stock Holdings Inc (BMCH) to Post $0.26 EPS

Brokerages expect BMC Stock Holdings Inc (NASDAQ:BMCH) to report earnings of $0.26 per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for BMC Stock’s earnings. The lowest EPS estimate is $0.23 and the highest is $0.27. BMC Stock posted earnings of $0.21 per share in the same quarter last year, which would indicate a positive year over year growth rate of 23.8%. The firm is expected to issue its next quarterly earnings results before the market opens on Tuesday, February 27th.

On average, analysts expect that BMC Stock will report full year earnings of $0.99 per share for the current fiscal year, with EPS estimates ranging from $0.77 to $1.07. For the next year, analysts expect that the company will report earnings of $1.51 per share, with EPS estimates ranging from $1.37 to $1.61. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that cover BMC Stock.

BMCH has been the subject of several research analyst reports. Royal Bank of Canada set a $23.00 target price on shares of BMC Stock and gave the stock a “buy” rating in a research report on Wednesday. TheStreet raised shares of BMC Stock from a “c” rating to a “b-” rating in a research report on Friday, December 1st. BidaskClub cut shares of BMC Stock from a “hold” rating to a “sell” rating in a research report on Wednesday, January 24th. Zacks Investment Research cut shares of BMC Stock from a “buy” rating to a “hold” rating in a research report on Wednesday, January 31st. Finally, American Capital Partners reaffirmed a “neutral” rating and issued a $26.00 target price (up from $25.00) on shares of BMC Stock in a research report on Friday, January 5th. One analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $24.38.

BMC Stock (NASDAQ:BMCH) traded down $0.10 during trading hours on Wednesday, hitting $19.95. 505,130 shares of the stock traded hands, compared to its average volume of 609,046. BMC Stock has a 12-month low of $18.20 and a 12-month high of $25.70. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.38 and a current ratio of 2.29. The stock has a market cap of $1,340.75, a PE ratio of 26.60 and a beta of 1.28.

In related news, Director Jeffrey Gene Rea sold 1,221 shares of BMC Stock stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $23.00, for a total transaction of $28,083.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Keith Costello purchased 15,000 shares of the stock in a transaction that occurred on Wednesday, December 13th. The shares were acquired at an average cost of $23.13 per share, with a total value of $346,950.00. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 150,000 shares of company stock valued at $3,600,000. 3.70% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of BMCH. BlackRock Inc. raised its holdings in BMC Stock by 1.3% in the fourth quarter. BlackRock Inc. now owns 4,169,075 shares of the company’s stock worth $105,476,000 after buying an additional 52,667 shares during the last quarter. Frontier Capital Management Co. LLC raised its holdings in BMC Stock by 4.0% in the fourth quarter. Frontier Capital Management Co. LLC now owns 3,793,555 shares of the company’s stock worth $95,977,000 after buying an additional 145,067 shares during the last quarter. Ruane Cunniff & Goldfarb Inc. purchased a new position in BMC Stock in the third quarter worth about $55,510,000. Vanguard Group Inc. raised its holdings in BMC Stock by 2.0% in the second quarter. Vanguard Group Inc. now owns 2,558,236 shares of the company’s stock worth $55,897,000 after buying an additional 51,273 shares during the last quarter. Finally, Boston Partners raised its holdings in BMC Stock by 3.4% in the fourth quarter. Boston Partners now owns 2,016,514 shares of the company’s stock worth $51,018,000 after buying an additional 66,361 shares during the last quarter. 97.08% of the stock is owned by institutional investors.

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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.

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