BlueLinx Holdings day trading at USD 5.04 per share, then rallying to 5.2 and closing at USD 5.06 per share. A net gain of 0.396% for the day. Long term pricing analysis shows the stock trading at 85.31% lower than it’s 52week high and -39.16% higher than the 52week low. The share volume traded for the day was 301K which was 1 times the 50 Day Average Volume.
BlueLinx Holdings had a market cap of 47,406K as of 21st May 2020. The Earnings Per Share (EPS) for Q4 2019 is $ -1.25.
BlueLinx Holdings is a leading wholesale distributor of building and industrial products in the United States with over 50,000 branded and private-label SKUs, and a broad distribution footprint servicing 40 states.
BlueLinx Holdings First Quarter Of Fiscal 2020.
- Net sales of $662 million, compared to $639 million
- Gross margin increased to 14.1%, compared to 13.5%
- Net loss of $0.8 million, compared to a net loss of $6.7 million
- Adjusted EBITDA of $19.9 million, compared to $16.6 million
- Term loan reduction of $78 million since the fourth quarter of 2019; most recent balance is $69 million
BlueLinx Holdings (21st May 2020): The Institutional Ownership as of today stood at 83.37% and the Total Value of Holdings (millions) is $ 40.
New Institutional Holders and other activity – As of today, the total number of shares held is 7,811,247 by 71 institutional holders.
6-May-2020:- BlueLinx Holdings (BXC) Reports Q1 Loss, Misses Revenue Estimates
BlueLinx Holdings (BXC) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.38. This compares to a loss of $0.30 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 78.95%.
5-May-2020:- BlueLinx Announces 2020 First Quarter Financial Results
The Company reported net sales of $662 million for the first quarter of 2020, compared to $639 million for the prior-year period. Excluding $32 million from the prior-year period related to the discontinued siding line, net sales were up approximately 9%. Net sales were driven by higher volumes and $2 million in commodity price inflation.