BlueLinx (BXC) Expected to Announce Earnings on Tuesday

BlueLinx (NYSE:BXC - Get Free Report) will likely be announcing its Q2 2025 earnings results after the market closes on Tuesday, July 29th. Analysts expect the company to announce earnings of $1.00 per share and revenue of $784.13 million for the quarter.

BlueLinx Stock Up 0.3%

Shares of NYSE BXC traded up $0.21 during trading on Friday, hitting $78.57. The stock had a trading volume of 12,681 shares, compared to its average volume of 95,086. The company has a market capitalization of $630.13 million, a PE ratio of 17.53 and a beta of 1.90. The company has a debt-to-equity ratio of 0.94, a current ratio of 4.16 and a quick ratio of 2.73. The firm has a fifty day moving average of $73.59 and a two-hundred day moving average of $80.93. BlueLinx has a 12 month low of $63.13 and a 12 month high of $134.79.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BXC. Royal Bank of Canada grew its stake in shares of BlueLinx by 4.3% during the 1st quarter. Royal Bank of Canada now owns 7,870 shares of the construction company's stock worth $590,000 after acquiring an additional 321 shares during the period. AQR Capital Management LLC grew its stake in shares of BlueLinx by 24.6% during the 1st quarter. AQR Capital Management LLC now owns 48,257 shares of the construction company's stock worth $3,618,000 after acquiring an additional 9,538 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of BlueLinx by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,863 shares of the construction company's stock worth $365,000 after acquiring an additional 220 shares during the period. Institutional investors own 90.83% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on BXC. Benchmark reduced their price objective on BlueLinx from $120.00 to $110.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. Loop Capital reduced their price objective on BlueLinx from $120.00 to $115.00 and set a "buy" rating for the company in a research note on Monday, April 14th. DA Davidson downgraded BlueLinx from a "buy" rating to a "neutral" rating and set a $80.00 price objective for the company. in a research note on Friday, July 18th. Finally, Wall Street Zen downgraded BlueLinx from a "hold" rating to a "sell" rating in a research note on Friday, July 18th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $110.00.

BlueLinx Company Profile

BlueLinx Holdings Inc, together with its subsidiaries, engages in the distribution of residential and commercial building products in the United States. It distributes specialty products, including engineered wood, siding, millwork, outdoor living, specialty lumber and panels, and industrial products; and structural products, such as lumber, plywood, oriented strand boards, rebars and remesh, as well as other wood products that are used for structural support in construction projects.