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BMC Stock Holdings (BMCH) Has Been Downgraded Today by Stephens \u0026 Co. to a Equal-Weight

BMC Stock Holdings (BMCH) Receives a Downgrade

In a report revealed to clients and investors on Thursday, 18 October, equity research analysts at Stephens \u0026 Co.’s equity research division downgraded the rating for BMC Stock Holdings (BMCH) shares from the previous Overweight to a Equal-Weight.

BMC Stock Holdings, Inc. (NASDAQ:BMCH) Ratings Coverage

Among 6 analysts covering BMC Stock Holdings (BMCH), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. BMC Stock Holdings has $27 highest and $22 lowest target. $24.80’s average target is 46.14% above currents $16.97 stock price. BMC Stock Holdings had 6 analyst reports since June 28, 2018 according to SRatingsIntel. The rating was maintained by FBR Capital on Tuesday, July 31 with “Neutral”. As per Tuesday, July 3, the company rating was downgraded by Robert W. Baird.

The stock decreased 3.47% or $0.61 during the last trading session, reaching $16.97. About 592,725 shares traded or 42.09% up from the average. BMC Stock Holdings, Inc. (BMCH) has risen 7.11% since October 19, 2017 and is uptrending. It has underperformed by 8.51% the S&P500.

Analysts await BMC Stock Holdings, Inc. (NASDAQ:BMCH) to report earnings on November, 5. They expect $0.46 earnings per share, up 35.29 % or $0.12 from last year’s $0.34 per share. BMCH’s profit will be $30.96M for 9.22 P/E if the $0.46 EPS becomes a reality. After $0.64 actual earnings per share reported by BMC Stock Holdings, Inc. for the previous quarter, Wall Street now forecasts -28.13 % negative EPS growth.

BMC Stock Holdings, Inc. operates as lumber and building materials distributor and solutions well-known provider in the United States. The company has market cap of $1.14 billion. The Company’s primary products include structural components, such as floor trusses, roof trusses, wall panels, and engineered wood products; lumber and lumber sheet goods, including dimensional lumber, plywood, and oriented strand board products used in on-site house framing under the Ready-Frame brand; and millwork, windows and doors comprising interior and exterior doors, windows, interior trim, custom millwork, moldings, stairs and stair parts, and cabinetry, among other products. It has a 12.57 P/E ratio. The firm also sells other building services and products that consist of hardware, wood boards, gypsum, insulation, roofing, siding, and flooring; and offers design, product specification, installation, and installation management services.

More recent BMC Stock Holdings, Inc. (NASDAQ:BMCH) news were published by: Streetinsider.com which released: “Stephens Downgrades Building Product Names Citing Growth Headwinds (BLDR) (BLD) (IBP) (BMCH)” on October 18, 2018. Also Streetinsider.com published the news titled: “UPDATE: Stephens Downgrades BMC Stock Holdings Inc (BMCH) to Equal Weight” on October 18, 2018. Streetinsider.com‘s news article titled: “Building Product Stocks Could See Upside as Hurricane Michael Strengthens – MKM” with publication date: October 10, 2018 was also an interesting one.

BMC Stock Holdings, Inc. (NASDAQ:BMCH) Ratings Chart

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