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. Since then, BXC shares have increased by 51.2% and is now trading at $8.36. 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, May, 5th. The construction company reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.38) by $0.30. The construction company had revenue of $662.07 million for the quarter, compared to analyst estimates of $662.40 million. View BlueLinx's earnings history.

1 equities research analysts have issued twelve-month price targets for BlueLinx's shares. Their forecasts range from $6.00 to $6.00. On average, they anticipate BlueLinx's stock price to reach $6.00 in the next year. This suggests that the stock has a possible downside of 28.2%. View analysts' price targets for BlueLinx.

News headlines about BXC stock have been trending neutral this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. BlueLinx earned a coverage optimism score of 0.5 on InfoTrie's scale. They also assigned media coverage about the construction company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about BlueLinx.

BlueLinx saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 739,900 shares, a decrease of 13.7% from the June 15th total of 857,400 shares. Based on an average daily trading volume, of 209,700 shares, the days-to-cover ratio is presently 3.5 days. Approximately 8.3% of the shares of the stock 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), Rush Enterprises (RUSHA), WESCO International (WCC), 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."

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 $8.36.

BlueLinx has a market capitalization of $78.33 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]