Bluelinx Holdings Stock Today

BXC Stock  USD 127.53  4.17  3.38%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
BlueLinx Holdings is trading at 127.53 as of the 24th of November 2024, a 3.38 percent increase since the beginning of the trading day. The stock's open price was 123.36. BlueLinx Holdings has a very small chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for BlueLinx Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of November 2023 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
14th of December 2004
Category
Industrials
BlueLinx Holdings Inc., together with its subsidiaries, distributes residential and commercial building products in the United States. BlueLinx Holdings Inc. was incorporated in 2004 and is headquartered in Marietta, Georgia. Bluelinx Holdings operates under Building Products Equipment classification in the United States and is traded on New York Stock Exchange. The company has 8.38 M outstanding shares of which 188.79 K shares are currently shorted by investors with about 3.05 days to cover. More on BlueLinx Holdings

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BlueLinx Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEOShyam JD
Thematic IdeaWholesale (View all Themes)
Business ConcentrationTrading Companies & Distributors, Industrial Distribution, Industrials, NYSE Composite, Wholesale, Industrials, Trading Companies & Distributors, Building Products & Equipment, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover4.153.43
Fairly Up
Pretty Stable
Gross Profit Margin0.0960.17
Way Down
Pretty Stable
Net Debt91.4 M96.2 M
Notably Down
Very volatile
Total Current Liabilities143.8 M218.6 M
Way Down
Slightly volatile
Non Current Liabilities Total502.8 M684.8 M
Way Down
Slightly volatile
Total Assets909 M1.5 B
Way Down
Slightly volatile
Total Current Assets653.8 M1.1 B
Way Down
Slightly volatile
Debt Levels
BlueLinx Holdings can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand BlueLinx Holdings' financial leverage. It provides some insight into what part of BlueLinx Holdings' total assets is financed by creditors.
Liquidity
BlueLinx Holdings has 617.97 M in debt with debt to equity (D/E) ratio of 1.22, which is OK given its current industry classification. BlueLinx Holdings has a current ratio of 3.66, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for BlueLinx to invest in growth at high rates of return.

Free Cash Flow

292.7 Million
BlueLinx Holdings (BXC) is traded on New York Stock Exchange in USA. It is located in 1950 Spectrum Circle, Marietta, GA, United States, 30067 and employs 1,980 people. BlueLinx Holdings is listed under Trading Companies & Distributors category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.07 B. BlueLinx Holdings runs under Trading Companies & Distributors sector within Industrials industry. The entity has 8.38 M outstanding shares of which 188.79 K shares are currently shorted by investors with about 3.05 days to cover. BlueLinx Holdings has about 104.95 M in cash with 306.29 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.31.
Check BlueLinx Holdings Probability Of Bankruptcy
Ownership Allocation
The market capitalization of BlueLinx Holdings is $1.07 Billion. The majority of BlueLinx Holdings outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in BlueLinx Holdings to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in BlueLinx Holdings. Please pay attention to any change in the institutional holdings of BlueLinx Holdings as this could imply that something significant has changed or is about to change at the company. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check BlueLinx Ownership Details

BlueLinx Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-06-30
187 K
Charles Schwab Investment Management Inc2024-09-30
167.2 K
Bridgeway Capital Management, Llc2024-09-30
148.6 K
Mill Road Capital Management Llc2024-09-30
142.3 K
Wellington Management Company Llp2024-06-30
135.1 K
Towle & Co2024-09-30
112.8 K
Aqr Capital Management Llc2024-06-30
106.2 K
Goldman Sachs Group Inc2024-06-30
92.8 K
Jpmorgan Chase & Co2024-06-30
87.8 K
Blackrock Inc2024-06-30
1.1 M
Dimensional Fund Advisors, Inc.2024-09-30
577.7 K
View BlueLinx Holdings Diagnostics

BlueLinx Holdings Historical Income Statement

At present, BlueLinx Holdings' Income Before Tax is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 35 M, whereas Depreciation And Amortization is forecasted to decline to about 16.2 M. View More Fundamentals

BlueLinx Stock Against Markets

BlueLinx Holdings Corporate Directors

Karel CzandernaIndependent DirectorProfile
Dominic DiNapoliIndependent DirectorProfile
Alan SchumacherIndependent DirectorProfile
Mitchell JDDirectorProfile
When determining whether BlueLinx Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlueLinx Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bluelinx Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bluelinx Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlueLinx Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For information on how to trade BlueLinx Stock refer to our How to Trade BlueLinx Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BlueLinx Holdings. If investors know BlueLinx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BlueLinx Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.31)
Earnings Share
3.55
Revenue Per Share
339.722
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0393
The market value of BlueLinx Holdings is measured differently than its book value, which is the value of BlueLinx that is recorded on the company's balance sheet. Investors also form their own opinion of BlueLinx Holdings' value that differs from its market value or its book value, called intrinsic value, which is BlueLinx Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlueLinx Holdings' market value can be influenced by many factors that don't directly affect BlueLinx Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlueLinx Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if BlueLinx Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlueLinx Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.