BXC Stock Dips Amidst Broader Engineering Machinery Sector Decline

Author's Avatar
5 days ago
Article's Main Image

BlueLinx Holdings Inc. (BXC, Financial) experienced a sharp stock price drop of 2.42%, trading at $99.69 per share with a volume of 12,450 shares and a turnover rate of 0.15%. The stock's price fluctuation was 4.44%. Recent financial reports reveal revenues of $747 million, a net profit of $16.02 million, earnings per share of $1.89, and a gross profit of $116 million, with a price-to-earnings ratio of 28.25.

No institutional ratings are currently available for BXC regarding buy, hold, or sell recommendations. The engineering machinery sector, where BXC operates, saw an overall decline of 0.97%. Notable performers in this sector include Evi Industries, Inc. and Msc Industrial Direct Company, Inc., while Heramba Electric Plc showed significant volatility with a 85.95% fluctuation.

BXC is a wholesale distributor of residential and commercial building products, offering structural and specialty products across the U.S.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.