BlueLinx (BXC) Scheduled to Post Quarterly Earnings on Tuesday

BlueLinx (NYSE:BXC) will announce its earnings results after the market closes on Tuesday, April 30th. Investors that wish to register for the company’s conference call can do so using this link.

BlueLinx (NYSE:BXC) last issued its quarterly earnings data on Tuesday, February 20th. The construction company reported $2.64 earnings per share (EPS) for the quarter. The business had revenue of $712.53 million during the quarter. BlueLinx had a net margin of 1.55% and a return on equity of 14.81%.

BlueLinx Stock Down 0.6 %

Shares of NYSE BXC opened at $112.95 on Friday. The company has a 50 day simple moving average of $120.87 and a 200 day simple moving average of $105.81. The firm has a market cap of $977.02 million, a PE ratio of 21.43 and a beta of 1.90. BlueLinx has a 1 year low of $66.58 and a 1 year high of $132.67. The company has a debt-to-equity ratio of 0.90, a current ratio of 5.13 and a quick ratio of 3.55.

Analyst Ratings Changes

A number of research analysts recently issued reports on BXC shares. TheStreet lowered shares of BlueLinx from a “b” rating to a “c” rating in a report on Thursday, February 22nd. Benchmark raised their price target on shares of BlueLinx from $100.00 to $144.00 and gave the stock a “buy” rating in a report on Thursday, February 22nd.

Insiders Place Their Bets

In other BlueLinx news, Director Mitchell B. Lewis sold 5,352 shares of the firm’s stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $116.33, for a total transaction of $622,598.16. Following the completion of the transaction, the director now owns 33,476 shares in the company, valued at approximately $3,894,263.08. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, Director Mitchell B. Lewis sold 2,904 shares of BlueLinx stock in a transaction on Monday, March 11th. The shares were sold at an average price of $117.15, for a total value of $340,203.60. Following the completion of the sale, the director now owns 2,790 shares in the company, valued at approximately $326,848.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mitchell B. Lewis sold 5,352 shares of BlueLinx stock in a transaction on Friday, March 15th. The shares were sold at an average price of $116.33, for a total transaction of $622,598.16. Following the completion of the sale, the director now owns 33,476 shares of the company’s stock, valued at approximately $3,894,263.08. The disclosure for this sale can be found here. In the last 90 days, insiders sold 8,570 shares of company stock worth $1,000,196. 4.50% of the stock is currently owned by insiders.

BlueLinx Company Profile

BlueLinx Holdings Inc, together with its subsidiaries, engages in the distribution of residential and commercial building products in the United States. It distributes specialty products, including engineered wood, siding, millwork, outdoor living, specialty lumber and panels, and industrial products; and structural products, such as lumber, plywood, oriented strand boards, rebars and remesh, as well as other wood products that are used for structural support in construction projects.