Wall Street analysts expect BMC Stock Holdings Inc (NASDAQ:BMCH) to post $0.34 earnings per share for the current fiscal quarter, according to Zacks. Five analysts have made estimates for BMC Stock’s earnings, with the lowest EPS estimate coming in at $0.29 and the highest estimate coming in at $0.37. BMC Stock reported earnings of $0.48 per share during the same quarter last year, which would indicate a negative year over year growth rate of 29.2%. The business is expected to issue its next earnings report on Thursday, February 27th.

According to Zacks, analysts expect that BMC Stock will report full year earnings of $1.88 per share for the current financial year, with EPS estimates ranging from $1.83 to $1.92. For the next fiscal year, analysts expect that the firm will report earnings of $2.04 per share, with EPS estimates ranging from $1.96 to $2.11. Zacks’ earnings per share averages are an average based on a survey of research firms that that provide coverage for BMC Stock.

BMC Stock (NASDAQ:BMCH) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.58 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.53 by $0.05. BMC Stock had a net margin of 3.28% and a return on equity of 13.87%. The business had revenue of $964.25 million during the quarter, compared to analyst estimates of $947.70 million. During the same period in the prior year, the business earned $0.58 EPS. The company’s revenue for the quarter was down 2.6% on a year-over-year basis.

BMCH has been the subject of several research reports. Buckingham Research upped their price objective on shares of BMC Stock from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, August 7th. BidaskClub lowered shares of BMC Stock from a “buy” rating to a “hold” rating in a report on Thursday, October 31st. B. Riley upgraded shares of BMC Stock from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $25.00 to $28.00 in a report on Wednesday, August 7th. Royal Bank of Canada upgraded shares of BMC Stock from a “sector perform” rating to an “outperform” rating and upped their price objective for the stock from $25.00 to $29.00 in a report on Tuesday, October 15th. Finally, SunTrust Banks set a $25.00 price objective on shares of BMC Stock and gave the stock a “hold” rating in a report on Wednesday, August 7th. Seven research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. BMC Stock has an average rating of “Buy” and an average price target of $26.00.

In other news, insider James F. Jr. Major sold 14,400 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $29.39, for a total value of $423,216.00. Also, insider James F. Jr. Major sold 47,263 shares of the company’s stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $28.57, for a total transaction of $1,350,303.91. Insiders sold a total of 101,000 shares of company stock worth $2,821,329 over the last ninety days. Insiders own 1.20% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. BlackRock Inc. grew its position in shares of BMC Stock by 7.3% in the 2nd quarter. BlackRock Inc. now owns 5,415,068 shares of the company’s stock worth $114,799,000 after buying an additional 368,188 shares during the period. Vanguard Group Inc. grew its position in shares of BMC Stock by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 3,277,653 shares of the company’s stock worth $69,486,000 after buying an additional 44,818 shares during the period. Prudential Financial Inc. grew its position in shares of BMC Stock by 78.8% in the 2nd quarter. Prudential Financial Inc. now owns 1,969,285 shares of the company’s stock worth $41,748,000 after buying an additional 867,790 shares during the period. Northern Trust Corp grew its position in BMC Stock by 0.8% during the 2nd quarter. Northern Trust Corp now owns 1,436,311 shares of the company’s stock valued at $30,450,000 after purchasing an additional 11,332 shares during the last quarter. Finally, Nuveen Asset Management LLC purchased a new stake in BMC Stock during the 2nd quarter valued at about $24,609,000. 94.46% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ BMCH opened at $29.13 on Friday. The company has a current ratio of 2.32, a quick ratio of 1.52 and a debt-to-equity ratio of 0.48. BMC Stock has a 12 month low of $14.66 and a 12 month high of $30.16. The firm has a market capitalization of $1.98 billion, a PE ratio of 15.83 and a beta of 0.94. The firm has a fifty day simple moving average of $28.27 and a two-hundred day simple moving average of $24.32.

About BMC Stock

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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