NYSE:BXCBlueLinx Stock Price, Forecast & News

BlueLinx's stock was trading at $5.53 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BXC stock has increased by 54.4% and is now trading at $8.54. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlueLinx in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for BlueLinx.

BlueLinx is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for BlueLinx.

BlueLinx Holdings Inc. (NYSE:BXC) posted its quarterly earnings data on Tuesday, March, 10th. The construction company reported ($0.71) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.32) by $0.39. The construction company earned $613.45 million during the quarter, compared to analyst estimates of $613.30 million. View BlueLinx's earnings history.

BlueLinx updated its first quarter 2020 After-Hours earnings guidance on Tuesday, April, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $696.184-696.184 million, compared to the consensus revenue estimate of $696.52 million.

1 Wall Street analysts have issued 1 year price targets for BlueLinx's shares. Their forecasts range from $6.00 to $6.00. On average, they expect BlueLinx's stock price to reach $6.00 in the next twelve months. This suggests that the stock has a possible downside of 29.7%. View analysts' price targets for BlueLinx.

Media stories about BXC stock have trended positive this week, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. BlueLinx earned a daily sentiment score of 3.0 on InfoTrie's scale. They also gave news coverage about the construction company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View the latest news aboutBlueLinx.

BlueLinx saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 975,300 shares, an increase of 13.4% from the April 30th total of 859,800 shares. Based on an average daily trading volume, of 232,900 shares, the short-interest ratio is presently 4.2 days. Approximately 10.9% of the company's shares are short sold. View BlueLinx's Current Options Chain.

Some companies that are related to BlueLinx include Fastenal (FAST), W W Grainger (GWW), United Rentals (URI), Watsco (WSO), MSC Industrial Direct (MSM), Air Lease (AL), Applied Industrial Technologies (AIT), GATX (GATX), Beacon Roofing Supply (BECN), WESCO International (WCC), Rush Enterprises (RUSHA), Kaman (KAMN), H&E Equipment Services (HEES), Textainer Group (TGH) and MRC Global (MRC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other BlueLinx investors own include Micron Technology (MU), Intel (INTC), Advanced Micro Devices (AMD), VAALCO Energy (EGY), Applied Materials (AMAT), Boeing (BA), Canopy Growth (CGC), General Mills (GIS), Home Depot (HD) and Lam Research (LRCX).

BlueLinx trades on the New York Stock Exchange (NYSE) under the ticker symbol "BXC."

BlueLinx's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.03%), Weber Alan W (4.72%), Morgan Stanley (1.73%), State Street Corp (1.70%), Geode Capital Management LLC (1.39%) and Invesco Ltd. (0.70%). Company insiders that own BlueLinx stock include Alexander S Averitt, Brian J Sasadu, Kelly Janzen, Mitchell B Lewis, Nokomis Capital, LLC, Shyam K Reddy and Susan C O'farrell. View institutional ownership trends for BlueLinx.

BXC stock was sold by a variety of institutional investors in the last quarter, including Weber Alan W, State Street Corp, and Parametric Portfolio Associates LLC. View insider buying and selling activity for BlueLinx.

BXC stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Paradigm Capital Management Inc. NY, BlackRock Inc., Alliancebernstein L.P., Geode Capital Management LLC, Invesco Ltd., and Two Sigma Investments LP. Company insiders that have bought BlueLinx stock in the last two years include Alexander S Averitt, Brian J Sasadu, Kelly Janzen, Mitchell B Lewis, Nokomis Capital, LLC, Shyam K Reddy, and Susan C O'farrell. View insider buying and selling activity for BlueLinx.

Shares of BXC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of BXC stock can currently be purchased for approximately $8.54.

BlueLinx has a market capitalization of $80.02 million and generates $2.64 billion in revenue each year. The construction company earns $-17,660,000.00 in net income (profit) each year or ($1.25) on an earnings per share basis. BlueLinx employs 2,200 workers across the globe.

The official website for BlueLinx is www.bluelinxco.com.

BlueLinx's mailing address is 1950 SPECTRUM CIRCLE SUITE 300, MARIETTA GA, 30067. The construction company can be reached via phone at 770-953-7000 or via email at [email protected]