Media stories about BlueLinx Holdings (NYSE:BXC) have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BlueLinx Holdings earned a news impact score of 0.19 on Accern’s scale. Accern also gave press coverage about the construction company an impact score of 45.2773556686237 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have impacted Accern’s rankings:
- Edited Transcript of BXC earnings conference call or presentation 10-Aug-17 2:00pm GMT (finance.yahoo.com)
- BlueLinx Holdings Inc. (NYSE:BXC) Releases Earnings Results (americanbankingnews.com)
- BlueLinx posts 2Q profit (finance.yahoo.com)
- BlueLinx Holdings Inc. (NYSE:BXC) Downgraded by ValuEngine (americanbankingnews.com)
BlueLinx Holdings (NYSE:BXC) traded up 2.640% during trading on Friday, reaching $10.962. The company’s stock had a trading volume of 19,408 shares. The firm has a 50 day moving average price of $10.66 and a 200-day moving average price of $9.14. BlueLinx Holdings has a 52-week low of $6.36 and a 52-week high of $11.78. The stock has a market cap of $99.73 million, a price-to-earnings ratio of 3.457 and a beta of 2.29.
BlueLinx Holdings (NYSE:BXC) last issued its earnings results on Thursday, August 10th. The construction company reported $0.35 earnings per share for the quarter. The company had revenue of $474 million during the quarter. BlueLinx Holdings had a net margin of 1.62% and a negative return on equity of 21.27%. On average, analysts expect that BlueLinx Holdings will post ($0.21) earnings per share for the current year.
Separately, ValuEngine raised BlueLinx Holdings from a “hold” rating to a “buy” rating in a research note on Friday, May 26th.
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BlueLinx Holdings Company Profile
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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