BlueLinx (BXC) Scheduled to Post Earnings on Tuesday

BlueLinx (NYSE:BXC - Get Free Report) will be announcing its earnings results after the market closes on Tuesday, April 30th. Investors that wish to register for the company's conference call can do so using this link.

BlueLinx (NYSE:BXC - Get Free Report) last issued its earnings results on Tuesday, February 20th. The construction company reported $2.64 earnings per share for the quarter. BlueLinx had a return on equity of 14.81% and a net margin of 1.55%. The business had revenue of $712.53 million for the quarter.

BlueLinx Stock Up 3.6 %

Shares of NYSE BXC traded up $3.94 during midday trading on Tuesday, hitting $113.71. 65,315 shares of the company's stock were exchanged, compared to its average volume of 73,078. The company has a debt-to-equity ratio of 0.90, a current ratio of 5.13 and a quick ratio of 3.55. BlueLinx has a twelve month low of $66.58 and a twelve month high of $132.67. The company has a market cap of $983.59 million, a PE ratio of 21.58 and a beta of 1.91. The firm's fifty day simple moving average is $121.31 and its 200-day simple moving average is $105.26.

Analyst Upgrades and Downgrades

BXC has been the topic of several research analyst reports. TheStreet lowered BlueLinx from a "b" rating to a "c" rating in a research report on Thursday, February 22nd. Benchmark lifted their target price on BlueLinx from $100.00 to $144.00 and gave the company a "buy" rating in a research note on Thursday, February 22nd.

Insider Buying and Selling at BlueLinx

In other BlueLinx news, Director Mitchell B. Lewis sold 5,352 shares of BlueLinx stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $116.33, for a total value of $622,598.16. Following the transaction, the director now directly owns 33,476 shares in the company, valued at approximately $3,894,263.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Mitchell B. Lewis sold 314 shares of BlueLinx stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $119.09, for a total value of $37,394.26. Following the sale, the director now directly owns 38,828 shares in the company, valued at $4,624,026.52. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Mitchell B. Lewis sold 5,352 shares of BlueLinx stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $116.33, for a total value of $622,598.16. Following the completion of the sale, the director now owns 33,476 shares in the company, valued at $3,894,263.08. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 8,570 shares of company stock worth $1,000,196. 4.50% of the stock is currently owned by insiders.

About BlueLinx

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.