BlueLinx Holdings (BXC) Getting Somewhat Positive Media Coverage, Study Finds
Media coverage about BlueLinx Holdings (NYSE:BXC) has trended somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BlueLinx Holdings earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news articles about the construction company an impact score of 45.5459008998616 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Separately, ValuEngine upgraded BlueLinx Holdings from a “hold” rating to a “buy” rating in a research report on Friday.
BlueLinx Holdings (NYSE:BXC) traded down 0.29% during mid-day trading on Tuesday, hitting $10.46. The stock had a trading volume of 6,092 shares. The company has a 50 day moving average price of $10.21 and a 200 day moving average price of $9.81. BlueLinx Holdings has a one year low of $6.36 and a one year high of $11.78. The stock has a market cap of $95.17 million, a P/E ratio of 3.29 and a beta of 2.30.
BlueLinx Holdings (NYSE:BXC) last issued its quarterly earnings results on Thursday, August 10th. The construction company reported $0.35 EPS for the quarter. BlueLinx Holdings had a net margin of 1.62% and a negative return on equity of 22.97%. The business had revenue of $474.00 million for the quarter. On average, equities analysts anticipate that BlueLinx Holdings will post ($0.21) EPS for the current year.
About BlueLinx Holdings
BlueLinx Holdings, Inc is a distributor of building products in North America. The Company operates its distribution business through a network of approximately 40 distribution centers. It serves metropolitan areas in the United States and delivers building products to a range of wholesale and retail customers.
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