BlueLinx Holdings Inc

BlueLinx Holdings Inc Stock Forecast & Price Prediction

Live BlueLinx Holdings Inc Stock (BXC) Price
$105.93

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$105.93

P/E Ratio

24.66

Volume Traded Today

$39,000

Dividend

$0.125

52 Week High/low

132.67/67.76

BlueLinx Holdings Inc Market Cap

$920.8M

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $BXC ๐Ÿ›‘

Before you buy BXC you'll want to see this list of ten stocks that have huge potential. Want to see if BXC made the cut? Enter your email below

BXC Summary

From what 0 stock analysts predict, the share price for BlueLinx Holdings Inc (BXC) might increase by 27.91% in the next year. This is based on a 12-month average estimation for BXC. Price targets go from $135 to $137. The majority of stock analysts believe BXC is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

BXC Analyst Ratings

About 0 Wall Street analysts have assigned BXC 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect BlueLinx Holdings Inc to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BXC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

BXC stock forecast by analyst

These are the latest 20 analyst ratings of BXC.

Analyst/Firm

Rating

Price Target

Change

Date

Michael Shlisky
DA Davidson

Buy

$137

Maintains

Aug 1, 2024
Greg Palm
Craig-Hallum

Buy

$135

Maintains

Aug 1, 2024
Reuben Garner
Benchmark

Buy

$135

Reiterates

May 29, 2024
Greg Palm
Craig-Hallum

Buy

$125

Maintains

May 2, 2024
Reuben Garner
Benchmark

Buy

$135

Maintains

May 2, 2024
Reuben Garner
Benchmark

Buy

$144

Maintains

Feb 22, 2024
Reuben Garner
Benchmark

Buy

$105

Maintains

Feb 23, 2023
Walt Liptak
Seaport Global

Buy

$100

Initiates

Jul 25, 2022
Reuben Garner
Benchmark

Buy

$125

Maintains

Feb 24, 2022

DA Davidson

Buy


Initiates

Dec 17, 2021
Jeffrey Stevenson
Loop Capital

Buy

$75

Upgrade

Nov 4, 2021

Loop Capital

Hold


Initiates

Jul 23, 2021

Benchmark

Buy


Initiates

Feb 12, 2021

Craig-Hallum

Buy


Initiates

Jan 5, 2021

B. Riley FBR

Buy


Upgrade

Aug 4, 2020
Alex Rygiel
B. Riley Securities

Buy

$19

Upgrade

Aug 4, 2020
Alexander Rygiel
B. Riley Securities

Neutral

$6

Downgrade

Apr 9, 2020

B. Riley

Neutral


Downgrade

Apr 9, 2020

B. Riley Securities

Buy

$9

Maintains

Mar 17, 2020

B. Riley FBR

Buy


Maintains

Mar 17, 2020

BXC Company Information

What They Do: Distributes building products in the U.S.

Business Model: The company operates a distribution model, supplying a variety of residential and commercial building products to a diverse customer base, including national home centers, pro dealers, and industrial manufacturers. BlueLinx makes money by selling specialty and structural products, along with offering value-added services to enhance customer and supplier relationships.

Other Information: Incorporated in 2004 and headquartered in Marietta, Georgia, BlueLinx has established itself as a key player in the building products distribution sector, providing essential materials for construction projects across the United States.
BXC
BlueLinx Holdings Inc (BXC)

When did it IPO

2004

Staff Count

1,980

Country

United States

Sector/Industry

Industrials/Industrial Distribution

CEO

Mr. Shyam K. Reddy

Market Cap

$920.8M

BlueLinx Holdings Inc (BXC) Financial Data

In 2023, BXC generated $3.14B in revenue, which was a decrease of -29.52% from the previous year. This can be seen as a signal that BXC's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$3.10B

Revenue From 2021

$4.28B

38.09 %
From Previous Year

Revenue From 2022

$4.45B

4.05 %
From Previous Year

Revenue From 2023

$3.14B

-29.52 %
From Previous Year
  • Revenue TTM $3.02B
  • Operating Margin TTM 3.0%
  • Gross profit TTM $527.0M
  • Return on assets TTM 4.5%
  • Return on equity TTM 6.0%
  • Profit Margin 1.3%
  • Book Value Per Share 76.28%
  • Market capitalisation $920.8M
  • Revenue for 2021 $4.28B
  • Revenue for 2022 $4.45B
  • Revenue for 2023 $3.14B
  • EPS this year (TTM) $4.38

BlueLinx Holdings Inc (BXC) Latest News

News Image

Wed, 31 Jul 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - BlueLinx Holdings Inc. (NYSE:BXC) will hold its Q2 2024 earnings conference call on July 31, 2024, at 10:00 AM ET, featuring key executives and analysts from various firms.

Why It Matters - BlueLinx's Q2 earnings call provides insights into financial performance and future outlook, influencing stock valuation and investment decisions. Market reactions may follow the results and guidance shared.

News Image

Tue, 30 Jul 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - BlueLinx Holdings Inc. reported Q2 2024 net sales of $768M, gross profit of $122M, and a net income of $14M ($1.65 EPS). Adjusted net income was $15M ($1.68 adjusted EPS).

Why It Matters - BlueLinx's strong Q2 2024 results, including significant net sales and profit margins, indicate robust operational performance, potentially boosting investor confidence and stock value.

News Image

Wed, 17 Jul 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - BlueLinx Holdings Inc. (NYSE: BXC) will release Q2 2024 financial results on July 30, 2024. A conference call is scheduled for July 31, 2024, at 10:00 AM ET.

Why It Matters - BlueLinx's upcoming Q2 2024 results and conference call could influence investor sentiment and stock performance, providing insights into the company's financial health and market position.

News Image

Wed, 01 May 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - BlueLinx Holdings Inc. will hold its Q1 2024 earnings conference call on May 1, 2024, at 10:00 AM ET, featuring key executives and analysts from various financial firms.

Why It Matters - The earnings call is a key opportunity for assessing BlueLinx's financial health and future outlook, impacting stock performance and investor sentiment.

News Image

Tue, 30 Apr 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - BlueLinx Holdings Inc. reported Q1 2024 net sales of $726 million, gross profit of $128 million (17.6% margin), and net income of $17 million ($2.00 per share).

Why It Matters - BlueLinx's strong first quarter results, with significant sales and profit margins, indicate robust demand and effective cost management, potentially boosting investor confidence and stock performance.

News Image

Wed, 17 Apr 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - BlueLinx Holdings Inc. (NYSE: BXC) will release Q1 2024 financial results on April 30, 2024. A conference call is scheduled for May 1, 2024, at 10:00 AM ET.

Why It Matters - BlueLinx's upcoming Q1 2024 results could impact stock performance and investor sentiment, highlighting financial health and operational direction in a key industry sector.

...

BXC Frequently asked questions

The highest forecasted price for BXC is $137 from Michael Shlisky at DA Davidson.

The lowest forecasted price for BXC is $135 from Reuben Garner from Benchmark

The BXC analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.