Media stories about BMC Stock (NASDAQ:BMCH) have trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. BMC Stock earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.8862287390632 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of BMC Stock (NASDAQ BMCH) opened at $23.75 on Friday. 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 12 month low of $17.45 and a 12 month high of $25.70. The firm has a market capitalization of $1,592.13, a price-to-earnings ratio of 31.67 and a beta of 1.50.
BMC Stock (NASDAQ:BMCH) last released its earnings results 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 for the quarter, compared to the consensus estimate of $888.09 million. During the same quarter in the previous year, the company earned $0.32 earnings per share. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. equities analysts anticipate that BMC Stock will post 0.99 EPS for the current fiscal year.
Several brokerages recently issued reports on BMCH. American Capital Partners reiterated a “neutral” rating and issued a $26.00 price target (up from $25.00) on shares of BMC Stock in a research note on Friday, January 5th. Zacks Investment Research upgraded BMC Stock from a “sell” rating to a “hold” rating and set a $27.00 price target for the company in a research note on Friday, January 5th. BidaskClub cut BMC Stock from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 4th. Robert W. Baird reiterated a “buy” rating and issued a $23.00 price target on shares of BMC Stock in a research note on Monday, October 9th. Finally, B. Riley cut BMC Stock from a “buy” rating to a “neutral” rating and boosted their price target for the company from $25.00 to $26.00 in a research note on Wednesday, January 3rd. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $24.75.
In other BMC Stock news, Director Jeffrey Gene Rea sold 75,000 shares of the company’s stock in a transaction 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Keith Costello purchased 15,000 shares of the stock in a transaction dated Wednesday, December 13th. The shares were bought at an average price of $23.13 per share, with a total value of $346,950.00. The disclosure for this purchase can be found here. Insiders have sold 227,000 shares of company stock valued at $5,294,400 over the last 90 days. Corporate insiders own 3.70% of the company’s stock.
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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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