For its second fiscal quarter (ending June 30), BlueLinx Holdings Inc (NYSE: BXC) has reported E.P.S. of $1.65 compared to $2.70 a year ago. E.P.S. were $4.32 for the latest four quarters through June 30 versus $14.64 for the same period a year ago.
Recent Price Action
BlueLinx Holdings Inc (NYSE: BXC) stock declined modestly by -1.7% on 7/30/24. The stock closed at $120.88. Moreover, above average trading volume at 127% of normal accompanied the decline. The stock has risen 3.7% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
BXC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
BlueLinx Holdings has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. BlueLinx Holdings has a neutral Power Rating of 60 and a slightly positive Appreciation Score of 66, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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