BMC Stock (NASDAQ:BMCH) issued its earnings results on Tuesday. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.03, Morningstar.com reports. The company had revenue of $946.38 million for the quarter, compared to the consensus estimate of $934.39 million. BMC Stock had a return on equity of 15.62% and a net margin of 3.40%. The firm’s quarterly revenue was down 5.2% on a year-over-year basis. During the same quarter last year, the company earned $0.64 EPS.
Shares of BMC Stock stock traded up $2.09 on Wednesday, reaching $25.00. The company had a trading volume of 779,585 shares, compared to its average volume of 414,707. The firm has a market capitalization of $1.49 billion, a price-to-earnings ratio of 13.44, a price-to-earnings-growth ratio of 2.97 and a beta of 1.05. The company has a current ratio of 2.37, a quick ratio of 1.51 and a debt-to-equity ratio of 0.50. The firm’s 50-day simple moving average is $21.34. BMC Stock has a 1 year low of $14.66 and a 1 year high of $23.61.
Several analysts recently issued reports on BMCH shares. SunTrust Banks lifted their target price on BMC Stock to $23.00 and gave the company a “hold” rating in a research note on Thursday, May 2nd. BidaskClub upgraded BMC Stock from a “hold” rating to a “buy” rating in a report on Wednesday. Royal Bank of Canada set a $23.00 price target on BMC Stock and gave the company a “hold” rating in a report on Thursday, May 2nd. ValuEngine upgraded BMC Stock from a “sell” rating to a “hold” rating in a report on Wednesday, April 10th. Finally, Zacks Investment Research cut BMC Stock from a “buy” rating to a “hold” rating in a report on Friday, July 26th. Nine research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $22.33.
BMC Stock Company Profile
BMC Stock Holdings, Inc distributes lumber and building materials to new construction, and repair and remodeling contractors in the United States. Its products comprise structural components, such as floor and roof trusses, wall panels, and engineered wood products; lumber and lumber sheet goods, including dimensional lumber, plywood, and oriented strand board products used in on-site house framing under the Ready-Frame brand; and millwork, doors, and windows comprising interior and exterior doors, windows, interior trims, custom millworks, moldings, stairs and stair parts, and cabinetry and other products.
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