BMC Stock Holdings Inc (STCK) Releases Earnings Results, Beats Expectations By $0.05 EPS

BMC Stock Holdings Inc (STCK) reported quarterly earnings results on Thursday, May-5-2016. The company said it had a profit of $0.08 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.05. Analysts had a consensus of $0.03. The company posted revenue of $727.40 million in the period, compared to analysts expectations of $664.00 million. The company’s revenue was up 23.2% compared to the same quarter last year.

Many Wall Street Analysts have commented on BMC Stock Holdings Inc. Sun Trust Rbsn Humphrey Initiated BMC Stock Holdings Inc on Apr 20, 2016 to “Buy”, Price Target of the shares are set at $21.

BMC Stock Holdings Inc (STCK) witnessed a volatile trading activity on Wednesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $17.57 and reached the intraday high at $17.75. The bulls started the profit booking and pushed the shares to intraday low of $17.35. The trading session was marked by a volume range of 1,66,196 shares exchanging hands. The 52-week high of the shares is $25.2 and the 52-week low is $12.1401. The market cap of the company stands at $1,154 M and there are 6,53,35,544 shares in public circulation.

In a different news, on Dec 17, 2015, David W Bullock (director) purchased 4,000 shares at $15.19 per share price.

BMC Stock Holdings Inc. formerly Stock Building Supply Holdings Inc. is a diversified lumber and building materials (LBM) distributor and solutions provider that sells to construction and repair and remodeling contractors. The Company operates through two segments: Geographic divisions and Coleman Floor. The Geographic divisions segment includes East and West divisions. The Coleman Floor segment offers professional flooring installation services. Its products are lumber and lumber sheet goods millwork doors flooring windows structural components such as engineered wood products (EWP) trusses and wall panels and other exterior products. It provides solution-based services to its customers including design product specification and installation management services. It serves a range of customer base including homebuilders and custom homebuilders. Its operating regions include the South and West regions of the United States.

BMC Stock Holdings Inc

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