BMC Stock Holdings Inc. (BMCH) Director Carl R. Vertuca, Jr. Sells 24,000 Shares
BMC Stock Holdings Inc. (NASDAQ:BMCH) Director Carl R. Vertuca, Jr. sold 24,000 shares of the business’s stock in a transaction dated Monday, November 21st. The shares were sold at an average price of $18.99, for a total transaction of $455,760.00. Following the completion of the sale, the director now owns 134,549 shares in the company, valued at $2,555,085.51. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
BMC Stock Holdings Inc. (NASDAQ:BMCH) opened at 19.10 on Tuesday. The stock’s 50 day moving average price is $17.24 and its 200-day moving average price is $18.66. The firm has a market capitalization of $1.27 billion, a P/E ratio of 90.09 and a beta of 1.42. BMC Stock Holdings Inc. has a 12 month low of $12.14 and a 12 month high of $21.50.
BMC Stock Holdings (NASDAQ:BMCH) last released its quarterly earnings data on Monday, November 7th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.30 by $0.02. BMC Stock Holdings had a return on equity of 8.61% and a net margin of 0.46%. The business earned $821.20 million during the quarter, compared to analyst estimates of $851.14 million. The business’s quarterly revenue was up 97.2% compared to the same quarter last year. On average, analysts forecast that BMC Stock Holdings Inc. will post $0.93 earnings per share for the current year.
Several analysts recently issued reports on the stock. FBR & Co restated an “outperform” rating and issued a $21.00 price objective (down from $23.00) on shares of BMC Stock Holdings in a report on Tuesday, November 8th. Royal Bank Of Canada dropped their target price on BMC Stock Holdings from $24.00 to $20.00 and set an “outperform” rating for the company in a research report on Tuesday, November 8th. RBC Capital Markets reaffirmed an “outperform” rating and issued a $20.00 target price (down from $24.00) on shares of BMC Stock Holdings in a research report on Tuesday, November 8th. Finally, Zacks Investment Research downgraded BMC Stock Holdings from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 18th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $20.87.
BMC Stock Holdings Company Profile
BMC Stock Holdings, Inc, formerly Stock Building Supply Holdings, Inc, is a diversified lumber and building materials (LBM) distributor and solutions provider that sells to construction and repair and remodeling contractors. The Company’s operating segments include Mid-Atlantic, Southeast, Texas, Intermountain, West and Mountain West divisions.
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