BlueLinx (NYSE:BXC) released its earnings results on Wednesday. The construction company reported ($1.74) earnings per share (EPS) for the quarter, Morningstar.com reports. The business had revenue of $672.64 million for the quarter. BlueLinx had a return on equity of 202.65% and a net margin of 0.82%.
BlueLinx stock traded down $0.43 during mid-day trading on Thursday, reaching $24.91. 46,342 shares of the company’s stock were exchanged, compared to its average volume of 111,959. The firm has a market cap of $287.18 million, a PE ratio of 7.92 and a beta of 2.07. BlueLinx has a twelve month low of $19.08 and a twelve month high of $46.42. The company has a quick ratio of 1.44, a current ratio of 3.15 and a debt-to-equity ratio of 326.37.
In other news, major shareholder Nokomis Capital, L.L.C. acquired 105,989 shares of the company’s stock in a transaction on Wednesday, December 26th. The shares were bought at an average cost of $20.31 per share, with a total value of $2,152,636.59. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. 4.16% of the stock is owned by corporate insiders.
Separately, ValuEngine upgraded shares of BlueLinx from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd.
BlueLinx Company Profile
BlueLinx Holdings Inc, together with its subsidiaries, distributes building and industrial products in the United States. It distributes structural products, including plywood, oriented strand board, rebar and remesh, lumber, and other wood products primarily used for structural support, walls, and flooring in construction projects; and specialty products comprising exterior roofing, insulation, engineered wood, vinyl, metal, moulding, spruce, and cedar products.
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