BlueLinx (NYSE:BXC) Releases Earnings Results

BlueLinx (NYSE:BXC) issued its quarterly earnings data on Tuesday. The construction company reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01), Zacks reports. BlueLinx had a return on equity of 10.44% and a net margin of 1.01%.

BlueLinx Price Performance

Shares of BlueLinx stock traded down $2.23 during trading hours on Tuesday, reaching $99.59. The stock had a trading volume of 64,856 shares, compared to its average volume of 57,302. The stock’s 50 day moving average is $106.58 and its 200 day moving average is $107.78. The firm has a market capitalization of $834.57 million, a PE ratio of 28.95 and a beta of 2.04. BlueLinx has a twelve month low of $87.67 and a twelve month high of $134.79. The company has a current ratio of 4.58, a quick ratio of 3.26 and a debt-to-equity ratio of 0.88.

About BlueLinx

BlueLinx Holdings Inc, together with its subsidiaries, engages in the distribution of residential and commercial building products in the United States. It distributes specialty products, including engineered wood, siding, millwork, outdoor living, specialty lumber and panels, and industrial products; and structural products, such as lumber, plywood, oriented strand boards, rebars and remesh, as well as other wood products that are used for structural support in construction projects.