Media headlines about BlueLinx Holdings (NYSE:BXC) have trended positive recently, according to AlphaOne Sentiment. The research firm, a division of Accern, identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. BlueLinx Holdings earned a media sentiment score of 0.46 on AlphaOne’s scale. AlphaOne also gave news articles about the construction company an impact score of 89 out of 100, indicating that recent press coverage is very likely to have an impact on the stock’s share price in the near term.
Separately, ValuEngine upgraded shares of BlueLinx Holdings from a “hold” rating to a “buy” rating in a research report on Friday, May 26th.
BlueLinx Holdings (NYSE BXC) traded up 0.47% during trading on Tuesday, hitting $10.70. 782 shares of the company’s stock were exchanged. BlueLinx Holdings has a 12-month low of $6.36 and a 12-month high of $11.28. The company’s 50-day moving average price is $9.98 and its 200 day moving average price is $8.30. The firm has a market cap of $97.05 million, a price-to-earnings ratio of 4.30 and a beta of 2.35.
BlueLinx Holdings (NYSE:BXC) last posted its quarterly earnings data on Thursday, May 4th. The construction company reported $0.06 earnings per share for the quarter. The business had revenue of $428.61 million during the quarter. BlueLinx Holdings had a negative return on equity of 2.96% and a net margin of 1.24%. Equities analysts forecast that BlueLinx Holdings will post ($0.21) earnings per share for the current fiscal year.
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About BlueLinx Holdings
BlueLinx Holdings, Inc is a distributor of building products in North America. The Company operates its distribution business through a network of approximately 40 distribution centers. It serves metropolitan areas in the United States and delivers building products to a range of wholesale and retail customers.
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