NYSE:BXC BlueLinx (BXC) Stock Forecast, Price & News $88.22 +4.61 (+5.51%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$84.74▼$89.4450-Day Range$62.57▼$88.2252-Week Range$57.49▼$93.22Volume124,174 shsAverage Volume89,711 shsMarket Capitalization$801.83 millionP/E Ratio4.57Dividend YieldN/APrice Target$116.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media BlueLinx MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside31.5% Upside$116.00 Price TargetShort InterestHealthy5.15% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.41Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth28.33%From $11.05 to $14.18 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.78 out of 5 starsConstruction Sector3rd out of 105 stocksLumber, Plywood, & Millwork Industry1st out of 1 stocks 3.5 Analyst's Opinion Consensus RatingBlueLinx has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $116.00, BlueLinx has a forecasted upside of 31.5% from its current price of $88.22.Amount of Analyst CoverageBlueLinx has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted5.15% of the float of BlueLinx has been sold short.Short Interest Ratio / Days to CoverBlueLinx has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in BlueLinx has recently decreased by 12.99%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldBlueLinx does not currently pay a dividend.Dividend GrowthBlueLinx does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BXC. Previous Next 3.6 News and Social Media Coverage News SentimentBlueLinx has a news sentiment score of 1.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 3 news articles for BlueLinx this week, compared to 2 articles on an average week.Search Interest1 people have searched for BXC on MarketBeat in the last 30 days. MarketBeat FollowsOnly 2 people have added BlueLinx to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, BlueLinx insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.60% of the stock of BlueLinx is held by insiders.Percentage Held by Institutions84.90% of the stock of BlueLinx is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for BlueLinx are expected to grow by 28.33% in the coming year, from $11.05 to $14.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of BlueLinx is 4.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.71.Price to Earnings Ratio vs. SectorThe P/E ratio of BlueLinx is 4.57, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 13.18.Price to Book Value per Share RatioBlueLinx has a P/B Ratio of 1.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About BlueLinx (NYSE:BXC) StockBlueLinx Holdings, Inc. engages in the distribution of building and industrial products. Its products include structural and specialty. The Structural products consist of plywood, oriented strand board, rebar and remesh, lumber, spruce and other wood used for structural support, walls, and flooring in construction projects. The Specialty products comprise engineered wood, moulding, siding, cedar, metal, and insulation. The company was founded in 2004 and is headquartered in Marietta, GA.Read More Receive BXC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for BlueLinx and its competitors with MarketBeat's FREE daily newsletter. Email Address BXC Stock News HeadlinesJune 1, 2023 | finance.yahoo.comThose who invested in BlueLinx Holdings (NYSE:BXC) three years ago are up 971%May 26, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for BlueLinx Holdings Inc. Decreased by Seaport Res Ptn (NYSE:BXC)June 4, 2023 | Behind the Markets (Ad)WARNING to all American InvestorsChina's sneaky plan could wipe out your retirement - in a single morning. Learn how to protect yourself here>>>May 23, 2023 | americanbankingnews.comEquities Analysts Issue Forecasts for BlueLinx Holdings Inc.'s Q3 2023 Earnings (NYSE:BXC)May 20, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on BlueLinx (NYSE:BXC)May 11, 2023 | msn.comBlueLinx Hldgs Earnings Perspective: Return On Capital EmployedMay 5, 2023 | americanbankingnews.comBlueLinx (NYSE:BXC) Trading 9.9% Higher May 3, 2023 | seekingalpha.comBlueLinx Q1 Earnings: Better Than FearedJune 4, 2023 | Behind the Markets (Ad)WARNING to all American InvestorsChina's sneaky plan could wipe out your retirement - in a single morning. Learn how to protect yourself here>>>May 2, 2023 | finance.yahoo.comBlueLinx Holdings (BXC) Lags Q1 Earnings and Revenue EstimatesMay 2, 2023 | finance.yahoo.comBlueLinx Announces First Quarter 2023 ResultsMay 1, 2023 | americanbankingnews.comBlueLinx (BXC) Set to Announce Quarterly Earnings on TuesdayApril 28, 2023 | americanbankingnews.comBlueLinx Holdings Inc. (NYSE:BXC) Receives $116.00 Average PT from AnalystsApril 24, 2023 | finance.yahoo.comBlueLinx Expands Allura Distribution PartnershipApril 19, 2023 | finance.yahoo.comBlueLinx to Host First Quarter 2023 Results Conference Call and Webcast on May 3, 2023April 11, 2023 | finance.yahoo.comThe Trend Of High Returns At BlueLinx Holdings (NYSE:BXC) Has Us Very InterestedApril 1, 2023 | americanbankingnews.comBrokerages Set BlueLinx Holdings Inc. (NYSE:BXC) PT at $116.00March 24, 2023 | americanbankingnews.comBlueLinx (NYSE:BXC) Stock Price Down 4%March 22, 2023 | seekingalpha.comBlueLinx Preliminary Q1 Earnings: Looking Beyond The Near TermMarch 21, 2023 | finance.yahoo.comBlueLinx Announces Leadership TransitionMarch 12, 2023 | finance.yahoo.comIs There An Opportunity With BlueLinx Holdings Inc.'s (NYSE:BXC) 36% Undervaluation?February 28, 2023 | finance.yahoo.comBlueLinx Announces Expansion of Distribution Partnership with LPFebruary 23, 2023 | finance.yahoo.comBlueLinx Holdings Full Year 2022 Earnings: Revenues DisappointFebruary 21, 2023 | finance.yahoo.comBlueLinx Holdings (BXC) Tops Q4 Earnings EstimatesFebruary 21, 2023 | finance.yahoo.comBlueLinx Announces Fourth Quarter and Full Year 2022 ResultsFebruary 9, 2023 | finance.yahoo.comWe Ran A Stock Scan For Earnings Growth And BlueLinx Holdings (NYSE:BXC) Passed With EaseFebruary 1, 2023 | finance.yahoo.comBlueLinx to Host Fourth Quarter and Full Year 2022 Results Conference Call and Webcast on February 22, 2023See More Headlines BXC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BXC Company Calendar Last Earnings11/01/2021Today6/04/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Lumber, plywood, & millwork Sub-IndustryTrading Companies & Distributors SectorConstruction Current SymbolNYSE:BXC CUSIP09624H10 CIK1301787 Webwww.bluelinxco.com Phone(770) 953-7000Fax770-221-8902Employees2,100Year FoundedN/APrice Target and Rating Average Stock Price Forecast$116.00 High Stock Price Forecast$127.00 Low Stock Price Forecast$105.00 Forecasted Upside/Downside+31.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$19.30 Trailing P/E Ratio4.57 Forward P/E Ratio7.98 P/E GrowthN/ANet Income$296.18 million Net Margins4.58% Pretax Margin6.04% Return on Equity32.60% Return on Assets12.15% Debt Debt-to-Equity Ratio1.03 Current Ratio4.88 Quick Ratio3.08 Sales & Book Value Annual Sales$4.45 billion Price / Sales0.18 Cash Flow$35.86 per share Price / Cash Flow2.46 Book Value$67.20 per share Price / Book1.31Miscellaneous Outstanding Shares9,090,000Free Float8,671,000Market Cap$801.92 million OptionableOptionable Beta1.85 Key ExecutivesShyam K. ReddyPresident, Chief Executive Officer & DirectorKelly C. JanzenChief Financial Officer, Treasurer & Senior VPAdam K. BowenChief Accounting Officer & Vice PresidentMike WilsonSenior Vice President-Specialty ProductsSean DwyerChief Strategy & Corporate Development OfficerKey CompetitorsLoma Negra Compañía Industrial Argentina Sociedad AnónimaNYSE:LOMAQuanex Building ProductsNYSE:NXBeazer Homes USANYSE:BZHCI&TNYSE:CINTVSENASDAQ:VSECView All CompetitorsInstitutional OwnershipAmeriprise Financial Inc.Bought 3,168 shares on 5/22/2023Ownership: 0.172%Putnam Investments LLCSold 435 shares on 5/22/2023Ownership: 0.114%JPMorgan Chase & Co.Sold 13,405 shares on 5/18/2023Ownership: 1.905%New York State Common Retirement FundSold 4,600 shares on 5/18/2023Ownership: 0.269%State Street CorpBought 868 shares on 5/16/2023Ownership: 2.029%View All Institutional Transactions BXC Stock - Frequently Asked Questions Should I buy or sell BlueLinx stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BlueLinx in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BXC shares. View BXC analyst ratings or view top-rated stocks. What is BlueLinx's stock price forecast for 2023? 2 brokerages have issued 12-month price objectives for BlueLinx's stock. Their BXC share price forecasts range from $105.00 to $127.00. On average, they predict the company's stock price to reach $116.00 in the next twelve months. This suggests a possible upside of 31.5% from the stock's current price. View analysts price targets for BXC or view top-rated stocks among Wall Street analysts. How have BXC shares performed in 2023? BlueLinx's stock was trading at $71.11 on January 1st, 2023. Since then, BXC stock has increased by 24.1% and is now trading at $88.22. View the best growth stocks for 2023 here. Are investors shorting BlueLinx? BlueLinx saw a decline in short interest in May. As of May 15th, there was short interest totaling 451,500 shares, a decline of 13.0% from the April 30th total of 518,900 shares. Based on an average daily volume of 108,200 shares, the short-interest ratio is presently 4.2 days. Currently, 5.2% of the shares of the company are short sold. View BlueLinx's Short Interest. When is BlueLinx's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our BXC earnings forecast. How were BlueLinx's earnings last quarter? BlueLinx Holdings Inc. (NYSE:BXC) released its quarterly earnings data on Monday, November, 1st. The construction company reported $4.74 earnings per share for the quarter, beating the consensus estimate of $3.78 by $0.96. The construction company earned $970.84 million during the quarter. BlueLinx had a trailing twelve-month return on equity of 32.60% and a net margin of 4.58%. What ETFs hold BlueLinx's stock? ETFs with the largest weight of BlueLinx (NYSE:BXC) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP), Distillate Small/Mid Cash Flow ETF (DSMC), Royce Quant Small-Cap Quality Value ETF (SQLV), iShares U.S. Infrastructure ETF (IFRA), Hartford Multifactor Small Cap ETF (ROSC), First Trust Active Factor Small Cap ETF (AFSM), WisdomTree U.S. SmallCap Fund (EES) and Vanguard U.S. Value Factor (VFVA). What is Mitch Lewis' approval rating as BlueLinx's CEO? 56 employees have rated BlueLinx Chief Executive Officer Mitch Lewis on Glassdoor.com. Mitch Lewis has an approval rating of 49% among the company's employees. This puts Mitch Lewis in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of BlueLinx own? Based on aggregate information from My MarketBeat watchlists, some companies that other BlueLinx investors own include Novavax (NVAX), Micron Technology (MU), Co-Diagnostics (CODX), Livongo Health (LVGO), Intel (INTC), Maxar Technologies (MAXR), Civeo (CVEO), Nautilus (NLS), Sorrento Therapeutics (SRNE) and Hologic (HOLX). What is BlueLinx's stock symbol? BlueLinx trades on the New York Stock Exchange (NYSE) under the ticker symbol "BXC." Who are BlueLinx's major shareholders? BlueLinx's stock is owned by a number of retail and institutional investors. Top institutional investors include Voss Capital LLC (9.91%), BlackRock Inc. (8.35%), Gendell Jeffrey L (6.01%), Punch & Associates Investment Management Inc. (5.84%), Dimensional Fund Advisors LP (5.01%) and State Street Corp (2.03%). Insiders that own company stock include Carol B Yancey, Kim S Fennebresque, Mitchell B Lewis, Mitchell B Lewis, Nokomis Capital, LLC and Shyam K Reddy. View institutional ownership trends. How do I buy shares of BlueLinx? Shares of BXC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is BlueLinx's stock price today? One share of BXC stock can currently be purchased for approximately $88.22. How much money does BlueLinx make? BlueLinx (NYSE:BXC) has a market capitalization of $801.92 million and generates $4.45 billion in revenue each year. The construction company earns $296.18 million in net income (profit) each year or $19.30 on an earnings per share basis. How many employees does BlueLinx have? The company employs 2,100 workers across the globe. How can I contact BlueLinx? BlueLinx's mailing address is 1950 SPECTRUM CIRCLE SUITE 300, MARIETTA GA, 30067. The official website for the company is www.bluelinxco.com. The construction company can be reached via phone at (770) 953-7000, via email at ir@audentestx.com, or via fax at 770-221-8902. This page (NYSE:BXC) was last updated on 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding BlueLinx Holdings Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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