Recent extremely significant negative changes in fundamentals have impacted BlueLinx Holdings Inc (NYSE: BXC): the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.
BlueLinx Holdings Inc (NYSE: BXC). Important negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
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 C (High Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. BlueLinx Holdings has a slightly positive Appreciation Score of 69 and a neutral Power Rating of 44, producing the High Neutral Value Trend Rating.
Recent Price Action
On 8/5/24, BlueLinx Holdings Inc (NYSE: BXC) stock declined by -2.4%, closing at $101.32. Moreover, above average trading volume at 122% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -18.9% during the last week.
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