BlueLinxBXC
BXC
About: BlueLinx Holdings Inc is engaged in the wholesale distribution of residential and commercial building products. Its business products are split into two categories: Structural products include items such as lumber, plywood, oriented strand board, rebar, and remesh and Specialty products include items such as engineered wood, siding, millwork, outdoor living, specialty lumber and panels, and industrial products. The company's operations are carried out throughout the United States.
Employees: 2,000
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
69% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 16
3% more funds holding
Funds holding: 165 [Q3] → 170 (+5) [Q4]
1.3% more ownership
Funds ownership: 89.57% [Q3] → 90.87% (+1.3%) [Q4]
8% more call options, than puts
Call options by funds: $5.65M | Put options by funds: $5.22M
0% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 4 (+0) [Q4]
3% less capital invested
Capital invested by funds: $805M [Q3] → $778M (-$27.5M) [Q4]
12% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 60
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$119
44%
upside
Avg. target
$120
45%
upside
High target
$120
45%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
Loop Capital Jeffrey Stevenson 42% 1-year accuracy 5 / 12 met price target | 45%upside $120 | Buy Maintained | 21 Feb 2025 |
Benchmark Reuben Garner 46% 1-year accuracy 18 / 39 met price target | 45%upside $120 | Buy Maintained | 21 Feb 2025 |
DA Davidson Kurt Yinger 26% 1-year accuracy 5 / 19 met price target | 44%upside $119 | Buy Maintained | 20 Feb 2025 |
Financial journalist opinion
Based on 3 articles about BXC published over the past 30 days
Neutral
Seeking Alpha
2 days ago
BlueLinx Holdings Inc. (BXC) Q4 2024 Earnings Call Transcript
BlueLinx Holdings Inc. (NYSE:BXC ) Q4 2024 Earnings Conference Call February 19, 2025 10:00 AM ET Company Participants Tom Morabito - Investor Relations Officer Shyam Reddy - President and CEO Kim DeBrock - Vice President, Interim Principal Financial Officer and CAO Conference Call Participants Jeffrey Stevenson - Loop Capital Greg Palm - Craig-Hallum Kurt Yinger - D.A. Davidson Reuben Garner - Benchmark Company Operator Ladies and gentlemen, thank you for standing by.
Neutral
Business Wire
3 days ago
BlueLinx Announces Fourth Quarter and Full Year 2024 Results
ATLANTA--(BUSINESS WIRE)--BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, today reported financial results for the three months and twelve months ended December 28, 2024. FOURTH QUARTER 2024 HIGHLIGHTS Net sales of $711 million Gross profit of $113 million, gross margin of 15.9% and specialty gross margin of 18.4% Net income of $5.3 million, or $0.62 diluted earnings per share Adjusted net income of $5.2 million, or $0.61 adjusted diluted earnings.
Neutral
Business Wire
2 weeks ago
BlueLinx to Host Fourth Quarter and Full Year 2024 Results Conference Call and Webcast on February 19, 2025
ATLANTA--(BUSINESS WIRE)--BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, will issue fourth quarter and full year 2024 financial results after the market closes on Tuesday, February 18, 2025. A conference call to discuss the Company's results will be hosted by Shyam Reddy, President and Chief Executive Officer, and Kimberly DeBrock, Vice President, Chief Accounting Officer, and Interim Principal Financial Officer, on Wednesday, February 19, 2025, a.
Neutral
Business Wire
1 month ago
BlueLinx Announces Chief Financial Officer Transition
ATLANTA--(BUSINESS WIRE)--BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, today announced that Andrew Wamser is resigning from his position as Senior Vice President, Chief Financial Officer and Treasurer to take another opportunity outside of the building products industry. Mr. Wamser's last day with the Company will be January 24, 2025. As the Company commences a search for Mr. Wamser's successor, Kimberly DeBrock, BlueLinx's Vice President and Ch.
Neutral
Business Wire
1 month ago
BlueLinx Announces Expansion of Distribution Partnership With LP
ATLANTA--(BUSINESS WIRE)--BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, and Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX), a leading manufacturer of engineered wood building products, are pleased to announce the expansion of their distribution partnership. The expanded collaboration will include LP's renowned Siding Solutions brands and prefinished solutions, namely LP® SmartSide® Trim & Siding and LP® SmartSide® ExpertFini.
Neutral
Business Wire
3 months ago
RDI® Railing Now Available to Customers Across North America with BlueLinx Distribution Partnership
ATLANTA--(BUSINESS WIRE)--RDI® Railing, the rail portfolio from Oldcastle APG, a CRH Company, announces a new distributor partnership with BlueLinx Holdings, Inc.
Neutral
Business Wire
3 months ago
BlueLinx Announces New Distribution Partnership with Oldcastle® APG to Stock RDI® Railing
ATLANTA--(BUSINESS WIRE)--BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, is excited to announce a new distribution partnership with Oldcastle® APG to begin stocking the RDI® Railing portfolio of railing solutions. This partnership will expand BlueLinx's product offerings in the Outdoor Railing category, driving growth and providing customers with high-quality, award-winning, innovative railing solutions. BlueLinx is stocking RDI® Railing at its di.
Neutral
Business Wire
3 months ago
BlueLinx Opens New Greenfield Distribution Center in Portland, Oregon to Expand its Pacific Northwest Presence
ATLANTA--(BUSINESS WIRE)--BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, today announced the opening of a new greenfield distribution center in Portland, Oregon. This strategic opening in the Pacific Northwest expands BlueLinx's geographic presence in a vital growth region. It also enhances BlueLinx's ability to leverage the company's scale to strengthen its service proposition to customers in the region and drive growth in untapped markets. “Our.
Neutral
Seeking Alpha
3 months ago
BlueLinx Holdings Inc. (BXC) Q3 2024 Earnings Call Transcript
BlueLinx Holdings Inc. (NYSE:BXC ) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Tom Morabito - IR Officer Shyam Reddy - President and CEO Andy Wamser - CFO Conference Call Participants Jeffrey Stevenson - Loop Capital Greg Palm - Craig-Hallum Capital Group Reuben Garner - The Benchmark Company Kurt Yinger - D.A. Davidson Operator Ladies and gentlemen, thank you for standing by, and welcome to the BlueLinx Holdings Third Quarter 2024 Earnings Conference Call.
Neutral
Business Wire
3 months ago
BlueLinx Announces Third Quarter 2024 Results
ATLANTA--(BUSINESS WIRE)--BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, today reported financial results for the three months ended September 28, 2024. THIRD QUARTER 2024 HIGHLIGHTS Net sales of $747 million Gross profit of $126 million, gross margin of 16.8% and specialty product gross margin of 19.4%, which includes a net benefit of approximately $3.5 million related to import duties from prior periods Net income of $16 million, or $1.87 dilute.
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