Zacks: Analysts Expect Building Materials Holding Co. (BMCH) Will Post Earnings of $0.43 Per Share

Equities analysts predict that Building Materials Holding Co. (NASDAQ:BMCH) will report $0.43 earnings per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Building Materials’ earnings, with the lowest EPS estimate coming in at $0.40 and the highest estimate coming in at $0.48. Building Materials reported earnings per share of $0.34 during the same quarter last year, which suggests a positive year-over-year growth rate of 26.5%. The business is scheduled to announce its next earnings results on Thursday, August 2nd.

On average, analysts expect that Building Materials will report full-year earnings of $1.49 per share for the current fiscal year, with EPS estimates ranging from $1.42 to $1.57. For the next year, analysts forecast that the firm will report earnings of $1.73 per share, with EPS estimates ranging from $1.58 to $1.87. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that cover Building Materials.

Building Materials (NASDAQ:BMCH) last posted its earnings results on Tuesday, May 8th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.17. Building Materials had a net margin of 2.01% and a return on equity of 10.99%. The firm had revenue of $834.20 million during the quarter, compared to analysts’ expectations of $842.86 million. During the same period in the previous year, the business posted $0.11 EPS. The business’s revenue was up 10.1% compared to the same quarter last year.

Several equities research analysts recently commented on BMCH shares. ValuEngine raised shares of Building Materials from a “sell” rating to a “hold” rating in a report on Saturday. Zacks Investment Research raised shares of Building Materials from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a report on Tuesday, May 1st. Finally, BidaskClub lowered shares of Building Materials from a “hold” rating to a “sell” rating in a report on Wednesday, February 14th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $22.88.

In other Building Materials news, Director David W. Bullock bought 5,000 shares of the company’s stock in a transaction dated Thursday, March 1st. The stock was acquired at an average price of $19.13 per share, with a total value of $95,650.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Carl R. Vertuca, Jr. sold 7,000 shares of the company’s stock in a transaction on Tuesday, March 6th. The stock was sold at an average price of $19.70, for a total transaction of $137,900.00. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by insiders.

Institutional investors have recently added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new stake in shares of Building Materials during the first quarter worth $145,000. Silvant Capital Management LLC purchased a new stake in shares of Building Materials during the first quarter worth $157,000. Pinnacle Associates Ltd. purchased a new stake in shares of Building Materials during the fourth quarter worth $202,000. Paloma Partners Management Co purchased a new stake in shares of Building Materials during the fourth quarter worth $208,000. Finally, Trexquant Investment LP purchased a new stake in shares of Building Materials during the first quarter worth $216,000.

Shares of Building Materials traded down $0.15, hitting $19.50, during trading hours on Friday, according to MarketBeat. The stock had a trading volume of 7,724 shares, compared to its average volume of 546,361. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.21 and a quick ratio of 1.27. Building Materials has a fifty-two week low of $19.40 and a fifty-two week high of $19.75. The stock has a market cap of $1.33 billion, a P/E ratio of 19.26 and a beta of 1.36.

Building Materials Company Profile

BMC Stock Holdings, Inc operates as lumber and building materials distributor and solutions provider in the United States. Its primary products include structural components, such as floor trusses, 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 trim, custom millwork, moldings, stairs and stair parts, and cabinetry and other products.

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Earnings History and Estimates for Building Materials (NASDAQ:BMCH)

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