BlueLinx Announces Third Quarter 2021 Results
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November 4, 2021 7:14 AM EDT
Loop Capital analyst Jeffrey Stevenson upgraded BlueLinx (NYSE: BXC) from Hold to Buy with a price target of $75.00 (from $65.00).
The analyst comments "We are upgrading BXC to a BUY with $75 PT (6x FY22E EBITDA) as after an impressive 3Q earnings beat of $78M (Loop: $57M), we feel there are enough catalysts moving forward to get formally positive on the name even after the big move in the stock. We note that theres over 20% upside potential to our new PT from todays close. Recall that we had gotten incrementally... More
November 2, 2021 4:18 PM EDT
Bluelinx Holdings (NYSE: BXC) reported Q3 EPS of $4.74, $0.96 better than the analyst estimate of $3.78. Revenue for the quarter came in at $971 million versus the consensus estimate of $878.51 million.
For earnings history and earnings-related data on Bluelinx Holdings (BXC) click here.
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