Shares of BMC Stock Holdings Inc (NASDAQ:BMCH) have been given an average rating of “Hold” by the ten ratings firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and five have issued a buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $24.43.
BMCH has been the topic of several research reports. Royal Bank of Canada reaffirmed a “buy” rating and set a $26.00 price target on shares of BMC Stock in a report on Wednesday, November 15th. BidaskClub lowered shares of BMC Stock from a “buy” rating to a “hold” rating in a report on Tuesday, December 12th. B. Riley lowered shares of BMC Stock from a “buy” rating to a “neutral” rating and lifted their price target for the company from $25.00 to $26.00 in a report on Wednesday, January 3rd. Zacks Investment Research raised shares of BMC Stock from a “sell” rating to a “hold” rating and set a $27.00 price target on the stock in a report on Friday, January 5th. Finally, TheStreet raised shares of BMC Stock from a “c” rating to a “b-” rating in a report on Friday, December 1st.
In other BMC Stock news, Director Jeffrey Gene Rea sold 75,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 26th. The shares were sold at an average price of $25.00, for a total transaction of $1,875,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Keith Costello bought 15,000 shares of BMC Stock stock in a transaction on Wednesday, December 13th. The shares were acquired at an average cost of $23.13 per share, for a total transaction of $346,950.00. The disclosure for this purchase can be found here. Insiders have sold a total of 150,000 shares of company stock worth $3,600,000 over the last three months. Insiders own 3.70% of the company’s stock.
Shares of BMC Stock (BMCH) traded down $0.40 during trading on Wednesday, hitting $20.60. 814,331 shares of the company traded hands, compared to its average volume of 584,005. The company has a market cap of $1,350.00, a price-to-earnings ratio of 27.47 and a beta of 1.28. The company has a quick ratio of 1.38, a current ratio of 2.29 and a debt-to-equity ratio of 0.57. BMC Stock has a 12 month low of $18.20 and a 12 month high of $25.70.
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About BMC Stock
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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