BXC News and Press, Bluelinx Holdings Inc. From 08/03/21

Record Net Income and Adjusted EBITDA TTM Net Sales, Net Income and Adjusted EBITDA of $4.1 billion, $250 million, and $392 million, respectively Strong Financial Performance Supports Significantly Improved Balance Sheet MARIETTA, Ga., Aug. 03, 2021 (GLOBE NEWSWIRE) -- ...

MARIETTA, Ga., Aug. 03, 2021 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (the “Company”) (NYSE: BXC), a leading U.S. wholesale distributor of building products, announced today that it has entered into an amendment to its $600 million Senior Secured Revolving Credit Agreem...

MARIETTA, Ga., July 21, 2021 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC) , a leading U.S. wholesale distributor of building products, will issue second quarter 2021 financial results after the market closes on Tuesday, August 3, 2021. A conference call to discuss the Com...

BlueLinx looks cheap at just 4.1x EBITDA relative to the historical 8-13x level for peers. Strong deleveraging, as well as momentum in cost containment and broadening products & services, continue to drive the bull run. The stock is risky at a beta of 1.85 and peak lumber pric...

The potential for increased infrastructure spending is driving investor optimism about the infrastructure industry. In addition to the reopening of infrastructure activities, expected government spending we think will drive the performance of fundamentally sound infrastructure stocks Owens Co...

The company's revenue showed an increase of 54.9% compared to Q1 2020 and exceeded analysts' expectations. BlueLinx Holdings shares have a unique opportunity to reach $50 soon due to upcoming strong results for 2Q 2021, successful deleveraging, and significant housing demand. P/E ...

The red-hot housing industry reported improving supply last month amid surging inflation rates and plunging lumber prices. As the demand for housing remains high given low borrowing costs and a heightened desire for improved living spaces ushered in by the COVID-19 pandemic, demand for constr...

Management is focused on long-term growth. Deflation is their main concern. Demand will remain high for years. For further details see: BlueLinx Holdings: Not A Value Trap

Government support, rebounding global demand and rising investor optimism have made analysts upgrade their ratings for Cummins (CMI), McKesson (MCK), and Bluelinx (BXC) to ‘Buy.’ These companies’ impressive quarterly financials, unique product portfolios, and collaboratio...

BlueLinx maybe fully priced at current levels. Uncertainty has been lifted so has the stock price. Lumber prices adjustments may affect the business and the stock. For further details see: BlueLinx Holdings: Not Undervalued Anymore