Investors Should Take Note Of BMC Stock Holdings Inc. (BMCH)


    Coliseum Capital Management LLC has recently announced that it has increased stake in BMC Stock Holdings Inc. (NASDAQ:BMCH) by 17.53%. After grabbing 5.72 million shares, the institutional investor is now in possession of 0.85 million shares of the Industrials Company. The new investment brought the stake of investor firm to 8.55% having worth around $146.52 million. Moreover, Dimensional Fund Advisors LP increased its share by 0.12 million to have a control over 3.95 million shares. And Wellington Management Co. LLP raised its holdings to 0.83 million shares by acquiring 3.93 million shares or 5.87% of the stake.

    BMC Stock Holdings Inc. (BMCH) concluded trading on 08/27/20 at a closing price of $39.45, with 6.84 million shares of worth about $269.65 million changed hands on the day. Weekly performance of the stock remained positive as price took a surge of 21.09% during that period and on Thursday the price saw a gain of about 22.44%. Currently the company’s common shares owned by public are about 67.02M shares, out of which, 66.56M shares are available for trading.

    A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 10 analysts are covering the BMCH stock and their offered price forecasts bring an average price target of $36.11. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $45.00 and could fall to a lowest price of $30.00. Analysts also issued an outlook of 2.20 for the BMC Stock Holdings Inc. stock for next 12 months. The stock’s current price level is -14.68% below of average price target set by the analysts, while a dip to estimated low would result in loss of -31.5 for the stock. However, touching the estimated high of $45.00 would mean a gain of 12.33% for the stock.

    According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 36 times over the past 12 months. They bought 122,832 shares in 17 of the transactions. In 19 selling transactions, insiders dumped 129,060 shares.

    Capitol Series Trust – Fuller & T, Vanguard Total Stock Market Index, and iShares Russell 2000 ETF are the top 3 mutual funds which are holding stakes in BMC Stock Holdings Inc. Capitol Series Trust – Fuller & T is currently holding 2.12 million shares of worth totaling $54.16 million. The company recently came buying 5783.0 shares which brought its stake up to 3.16% of the company’s outstanding shares. Vanguard Total Stock Market Index sold 34854.0 shares, after which its hold over company’s outstanding shares shrunk to 2.82%, leaving 1.89 million shares with the mutual fund that have a worth of about $48.29 million. iShares Russell 2000 ETF, after selling 1.39 million shares, have now control over 2.07% of the stake in the company. It holds 64974.0 shares of worth $35.53 million.

    BMC Stock Holdings Inc. (NASDAQ: BMCH) started trading at $38.74, above $6.52 from concluding price of the previous day. However, the stock finished the trading on the day at a closing price of $39.45, or with a gain of 22.44%. Stock saw a price change of 21.09% in past 5 days and over the past one month there was a price change of 51.38%. Year-to-date (YTD), BMCH shares are showing a performance of 37.50% which increased to 57.17% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $13.38 but also hit the highest price of $34.47 during that period. While comparing its average daily trading volume of 405.09K shares, we see that about 6.84 million changed hands on the day. The stock is currently trading 25.81% above its 20-day simple moving average (SMA20), while that difference is up 42.93% for SMA50 and it goes to 52.89% higher than SMA200.

    Coliseum Capital Management LLC acquired 5.72 million shares of BMC Stock Holdings Inc. having value of about $146.52 million. Data submitted at the U.S SEC by Coliseum Capital Management LLC revealed that the firm now holds 0.85 million shares in the company valued at close to $33672863.1, or have control over 17.53% stake in the company. Holding of mutual funds in the company is about 44.00% while other institutional holders and individual stake holders have control over 59.31% and 21.92% of the stake respectively.

    The stock has a current market capitalization of $2.62B and its 3Y-monthly beta is at 1.54. PE ratio of stock for trailing 12 months is 22.30, while it has posted earnings per share of $1.77 in the same period. Its PEG reads 1.29 and has Quick Ratio of 1.70 while making debt-to-equity ratio of 0.34. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BMCH, volatility over the week remained 3.40% while standing at 4.09% over the month.

    Analysts are in expectations that BMC Stock Holdings Inc. (BMCH) stock would likely to be making an EPS of $0.61 in the current quarter, while forecast for next quarter ESPS is $0.43 and it is $2.42 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.56 which is $0.67 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.58 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -7.30% while it is estimated to increase by 11.73% in next year. EPS is likely to grow at an annualized rate of 17.29% for next 5-years, compared to annual growth of -7.40% made by the stock over the past 5-years.

    Analysts at 10 brokerage firms have issued recommendations for the BMC Stock Holdings Inc. (BMCH)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.20. Out of those 10 Wall Street analysts, 7 recommended a “Buy” rating, while 3 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.

    Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by B. Riley FBR on August 05, 2020 offering a Buy rating for the stock and assigned a target price of $37 to it. Coverage by Wedbush stated BMC Stock Holdings Inc. (BMCH) stock as an Outperform in their note to investors on August 04, 2020, suggesting a price target of $35 for the stock. On June 18, 2020, The Benchmark Company Upgrade their recommendations, while on June 05, 2020, Evercore ISI Downgrade their ratings for the stock with a price target of $28. Stock get a Neutral rating from B. Riley FBR on March 17, 2020.


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