Wall Street analysts expect that BMC Stock Holdings, Inc. (NASDAQ:BMCH) will report earnings per share of $0.37 for the current quarter, Zacks reports. Four analysts have provided estimates for BMC Stock Holdings’ earnings. The lowest EPS estimate is $0.35 and the highest is $0.39. BMC Stock Holdings posted earnings of $0.30 per share in the same quarter last year, which indicates a positive year over year growth rate of 23.3%. The business is expected to issue its next earnings report on Monday, August 14th.

According to Zacks, analysts expect that BMC Stock Holdings will report full year earnings of $1.27 per share for the current year, with EPS estimates ranging from $1.21 to $1.34. For the next year, analysts forecast that the business will report earnings of $1.62 per share, with EPS estimates ranging from $1.51 to $1.73. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow BMC Stock Holdings.

BMC Stock Holdings (NASDAQ:BMCH) last posted its earnings results on Monday, May 8th. The company reported $0.11 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by $0.02. BMC Stock Holdings had a return on equity of 8.98% and a net margin of 1.32%. The firm had revenue of $757.70 million for the quarter, compared to the consensus estimate of $738.23 million. During the same period in the prior year, the business earned $0.08 EPS. BMC Stock Holdings’s quarterly revenue was up 4.2% compared to the same quarter last year.

BMCH has been the subject of several analyst reports. Zacks Investment Research upgraded shares of BMC Stock Holdings from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a report on Thursday, May 11th. Royal Bank Of Canada decreased their price objective on shares of BMC Stock Holdings from $28.00 to $26.00 and set an “outperform” rating for the company in a report on Tuesday, May 9th. Barclays PLC set a $24.00 price objective on shares of BMC Stock Holdings and gave the company a “buy” rating in a report on Monday, May 8th. Seaport Global Securities started coverage on shares of BMC Stock Holdings in a report on Thursday, March 16th. They set a “buy” rating and a $26.00 price objective for the company. Finally, FBR & Co reiterated an “outperform” rating and set a $26.00 price objective (up previously from $21.00) on shares of BMC Stock Holdings in a report on Wednesday, March 8th. Five analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average price target of $24.80.

In other BMC Stock Holdings news, Director Jeffrey Gene Rea sold 33,000 shares of the firm’s stock in a transaction dated Tuesday, May 9th. The shares were sold at an average price of $21.46, for a total transaction of $708,180.00. Following the transaction, the director now owns 273,860 shares of the company’s stock, valued at approximately $5,877,035.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 270,300 shares of company stock valued at $6,216,588 in the last quarter. 3.70% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. State Board of Administration of Florida Retirement System acquired a new position in BMC Stock Holdings during the fourth quarter worth approximately $244,000. State Street Corp increased its position in BMC Stock Holdings by 4.1% in the fourth quarter. State Street Corp now owns 926,990 shares of the company’s stock worth $18,077,000 after buying an additional 36,313 shares during the period. Dimensional Fund Advisors LP acquired a new position in BMC Stock Holdings during the fourth quarter worth approximately $19,193,000. Renaissance Technologies LLC acquired a new position in BMC Stock Holdings during the fourth quarter worth approximately $1,872,000. Finally, A.R.T. Advisors LLC acquired a new position in BMC Stock Holdings during the fourth quarter worth approximately $567,000. 97.95% of the stock is currently owned by institutional investors and hedge funds.

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BMC Stock Holdings (NASDAQ BMCH) traded down 1.60% during trading on Monday, hitting $21.50. 327,925 shares of the company’s stock traded hands. The stock has a market cap of $1.44 billion, a P/E ratio of 35.02 and a beta of 1.48. BMC Stock Holdings has a 12 month low of $15.45 and a 12 month high of $23.90. The company’s 50 day moving average is $20.87 and its 200-day moving average is $20.87.

About BMC Stock Holdings

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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