Profile
Sector:
IndustrialsIndustry:
Industrial DistributionCountry:
United StatesIPO:
14 December 2004Website:
http://www.bluelinxco.comNext earnings report:
01 August 2024Last dividends:
12 December 2007Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 17:04:59 GMTDividend
Analysts recommendations
Institutional Ownership
BXC Latest News
Although there was no revenue growth over the past 19 years, BXC is a fundamentally sound company with improving margins and returns. It is financially sound with a strong cash position and cash conversion ratio. It also had a good capital allocation track record and is a cash cow. A valuation of the company suggests a 30% margin of safety if certain assumptions, such as a 5% improvement in contribution margin and a 5% reduction in WACC, are met.
BlueLinx is a prominent player in the building materials distribution industry in the US, serving a wide range of customers in residential and commercial construction projects. The company has improved its financials and balance sheet, with higher gross margins, strong shareholder equity, and ample liquidity. Despite potential short-term risks from a slowing housing market, BXC's long-term outlook is favorable due to its focus on repair and remodeling, which has demonstrated lower cyclicality compared to new construction.
BlueLinx Holdings Inc. (NYSE:BXC ) Q2 2023 Results Conference Call August 2, 2023 10:00 AM ET Company Participants Gui Nebel - VP, Finance, Treasury Manager IR Shyam Reddy - President, CEO Kelly Janzen - CFO Conference Call Participants Greg Palm - Craig-Hallum Capital Group Kurt Yinger - D.A. Davidson Reuben Garner - Benchmark Company Operator Greetings, and welcome to the BlueLinx Second Quarter 2023 Results Conference Call.
BlueLinx Holdings (BXC) came out with quarterly earnings of $2.91 per share, missing the Zacks Consensus Estimate of $3.30 per share. This compares to earnings of $7.48 per share a year ago.
MARIETTA, Ga., July 19, 2023 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, will issue second quarter 2023 financial results after the market closes on Tuesday, August 1, 2023. A conference call to discuss the Company's second quarter results will be hosted by Shyam Reddy, President and Chief Executive Officer, Kelly Janzen, Senior Vice President and Chief Financial Officer, and Andy Wamser, Senior Vice President and Chief Financial Officer-Elect, on Wednesday, August 2, 2023, at 10:00 AM ET.
What type of business is BlueLinx Holdings?
BlueLinx Holdings Inc., together with its subsidiaries, distributes residential and commercial building products in the United States. The company distributes specialty products comprising engineered wood, industrial products, cedar, moulding, siding, metal, and insulation products; and structural products include lumber, plywood, oriented strand boards, rebars and remesh, spruce, and other wood products primarily that are used for structural support in construction projects. It also provides various value-added services and solutions to customers and suppliers. The company serves dealers, specialty distributors, national home centers, and manufactured housing customers through a network of distribution centers. BlueLinx Holdings Inc. was incorporated in 2004 and is headquartered in Marietta, Georgia.
What sector is BlueLinx Holdings in?
BlueLinx Holdings is in the Industrials sector
What industry is BlueLinx Holdings in?
BlueLinx Holdings is in the Industrial Distribution industry
What country is BlueLinx Holdings from?
BlueLinx Holdings is headquartered in United States
When did BlueLinx Holdings go public?
BlueLinx Holdings initial public offering (IPO) was on 14 December 2004
What is BlueLinx Holdings website?
https://www.bluelinxco.com
Is BlueLinx Holdings in the S&P 500?
No, BlueLinx Holdings is not included in the S&P 500 index
Is BlueLinx Holdings in the NASDAQ 100?
No, BlueLinx Holdings is not included in the NASDAQ 100 index
Is BlueLinx Holdings in the Dow Jones?
No, BlueLinx Holdings is not included in the Dow Jones index
When does BlueLinx Holdings report earnings?
The next expected earnings date for BlueLinx Holdings is 01 August 2024