BlueLinx (NYSE:BXC) Shares Gap Down – Time to Sell?

Posted by Francis Steltz on Aug 17th, 2026

BlueLinx Holdings Inc. (NYSE:BXC – Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $89.63, but opened at $85.61. BlueLinx shares last traded at $85.74, with a volume of 10,863 shares changing hands.

Wall Street Analyst Weigh In

Several research analysts have weighed in on BXC shares. Benchmark increased their price target on shares of BlueLinx from $75.00 to $83.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Wall Street Zen upgraded BlueLinx from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of BlueLinx in a report on Wednesday, May 20th. Finally, DA Davidson lifted their target price on BlueLinx from $65.00 to $84.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $83.50.

Read Our Latest Report on BXC

BlueLinx Stock Down 2.3%

The stock has a market capitalization of $664.33 million, a P/E ratio of -338.07 and a beta of 1.45. The company’s 50-day moving average price is $61.75 and its 200 day moving average price is $59.57. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.59 and a current ratio of 4.01.

BlueLinx (NYSE:BXC – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The construction company reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.85. BlueLinx had a positive return on equity of 0.13% and a negative net margin of 0.06%.The firm had revenue of $814.08 million during the quarter, compared to analyst estimates of $793.72 million.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in BXC. Sei Investments Co. increased its holdings in shares of BlueLinx by 92.1% in the first quarter. Sei Investments Co. now owns 59,592 shares of the construction company’s stock worth $3,229,000 after purchasing an additional 28,571 shares during the last quarter. Quantinno Capital Management LP grew its stake in shares of BlueLinx by 124.7% in the 1st quarter. Quantinno Capital Management LP now owns 34,657 shares of the construction company’s stock worth $1,878,000 after buying an additional 19,236 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of BlueLinx by 42.7% in the 1st quarter. Empowered Funds LLC now owns 110,018 shares of the construction company’s stock worth $5,961,000 after buying an additional 32,943 shares during the last quarter. Heartland Advisors Inc. raised its position in shares of BlueLinx by 22.8% during the 1st quarter. Heartland Advisors Inc. now owns 92,075 shares of the construction company’s stock valued at $4,989,000 after buying an additional 17,075 shares in the last quarter. Finally, Concentric Capital Strategies LP raised its position in shares of BlueLinx by 115.0% during the 4th quarter. Concentric Capital Strategies LP now owns 67,696 shares of the construction company’s stock valued at $4,159,000 after buying an additional 36,212 shares in the last quarter. Institutional investors own 90.83% of the company’s stock.

BlueLinx Company Profile

(Get Free Report)

BlueLinx Corporation is a leading distributor of building products in the United States, serving professional builders, contractors and industrial customers. The company offers a comprehensive portfolio that includes lumber, engineered wood products, plywood, oriented strand board, siding, railing, millwork and specialty construction materials. Through its nationwide network of distribution centers, BlueLinx provides inventory management, delivery and supply-chain solutions designed to help customers streamline operations and reduce carrying costs.

Founded in 2004 as a spin-off from Georgia-Pacific’s distribution business, BlueLinx has developed a broad product line that spans both residential and commercial construction markets.