BlueLinx (BXC) Projected to Post Earnings on Tuesday

BlueLinx (NYSE:BXC) is anticipated to announce its Q1 2025 earnings results after the market closes on Tuesday, April 29th. Analysts expect BlueLinx to post earnings of $0.32 per share and revenue of $717.50 million for the quarter.

BlueLinx (NYSE:BXC) last issued its earnings results on Tuesday, February 18th. The construction company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.01). BlueLinx had a return on equity of 7.50% and a net margin of 1.80%. The firm had revenue of $710.64 million during the quarter, compared to analysts’ expectations of $700.66 million.

BlueLinx Price Performance

BXC opened at $70.75 on Tuesday. The company has a current ratio of 4.85, a quick ratio of 3.26 and a debt-to-equity ratio of 0.89. The business’s fifty day simple moving average is $79.30 and its 200-day simple moving average is $100.41. The company has a market capitalization of $578.81 million, a price-to-earnings ratio of 11.52 and a beta of 1.82. BlueLinx has a 12-month low of $67.42 and a 12-month high of $134.79.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. StockNews.com lowered shares of BlueLinx from a “buy” rating to a “hold” rating in a report on Thursday, February 20th. Loop Capital dropped their target price on BlueLinx from $120.00 to $115.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Benchmark lowered their price target on BlueLinx from $135.00 to $120.00 and set a “buy” rating for the company in a report on Friday, February 21st. Finally, DA Davidson cut their price objective on shares of BlueLinx from $137.00 to $119.00 and set a “buy” rating on the stock in a report on Thursday, February 20th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $122.25.

About BlueLinx

BlueLinx Holdings Inc, together with its subsidiaries, engages in the distribution of residential and commercial building products in the United States. It distributes specialty products, including engineered wood, siding, millwork, outdoor living, specialty lumber and panels, and industrial products; and structural products, such as lumber, plywood, oriented strand boards, rebars and remesh, as well as other wood products that are used for structural support in construction projects.