BlueLinx Holdings Non-GAAP EPS of 1.68 misses by 0.07, revenue of 768M misses by 7.11M
| BXC Stock | USD 125.13 0.77 0.61% |
About 62% of BlueLinx Holdings' investor base is looking to short. The analysis of the overall prospects from investing in BlueLinx Holdings suggests that many traders are, at the present time, alarmed. The current market sentiment, together with BlueLinx Holdings' historical and current headlines, can help investors time the market. In addition, many technical investors use BlueLinx Holdings stock news signals to limit their universe of possible portfolio assets.
BlueLinx |
BlueLinx Holdings reports Q2 earnings with Non-GAAP EPS of 1.68, missing expectations by 0.07, and revenue of 768M, missing by 7.11M.
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BlueLinx Holdings Fundamental Analysis
We analyze BlueLinx Holdings' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BlueLinx Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BlueLinx Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Asset
Current Asset Comparative Analysis
BlueLinx Holdings is currently under evaluation in current asset category among its peers. Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
BlueLinx Holdings Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with BlueLinx Holdings stock to make a market-neutral strategy. Peer analysis of BlueLinx Holdings could also be used in its relative valuation, which is a method of valuing BlueLinx Holdings by comparing valuation metrics with similar companies.
Peers
BlueLinx Holdings Related Equities
| SITE | SiteOne Landscape | 0.96 | ||||
| GIC | Global Industrial | 0.46 | ||||
| FERG | Ferguson Plc | 0.36 | ||||
| DSGR | Distribution Solutions | 0.26 | ||||
| WCC-PA | WESCO International | 0.15 | ||||
| CNM | Core Main | 0.02 | ||||
| DXPE | DXP Enterprises | 0.05 | ||||
| MSM | MSC Industrial | 0.47 | ||||
| GWW | WW Grainger | 0.94 | ||||
| AIT | Applied Industrial | 2.35 |
Complementary Tools for BlueLinx Stock analysis
When running BlueLinx Holdings' price analysis, check to measure BlueLinx Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BlueLinx Holdings is operating at the current time. Most of BlueLinx Holdings' value examination focuses on studying past and present price action to predict the probability of BlueLinx Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlueLinx Holdings' price. Additionally, you may evaluate how the addition of BlueLinx Holdings to your portfolios can decrease your overall portfolio volatility.
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