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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.