Bluelinx Holdings Stock Buy Hold or Sell Recommendation
| BXC Stock | USD 109.69 0.31 0.28% |
Considering the 90-day investment horizon and your typical level of risk aversion, our recommendation regarding BlueLinx Holdings is 'Hold'. Macroaxis provides BlueLinx Holdings buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BXC positions. The advice algorithm takes into account all of BlueLinx Holdings' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting BlueLinx Holdings' buy or sell advice are summarized below:
Real Value 102.51 | Target Price 103 | Hype Value 109.98 | Market Value 109.69 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell BlueLinx Holdings given historical horizon and risk tolerance towards BlueLinx Holdings. When Macroaxis issues a 'buy' or 'sell' recommendation for BlueLinx Holdings, the advice is generated through an automated system that utilizes algorithms and statistical models.
BlueLinx |
Execute BlueLinx Holdings Buy or Sell Advice
The BlueLinx recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on BlueLinx Holdings. Macroaxis does not own or have any residual interests in BlueLinx Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute BlueLinx Holdings' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
BlueLinx Holdings Trading Alerts and Improvement Suggestions
| BlueLinx Holdings generated a negative expected return over the last 90 days | |
| Over 94.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from businesswire.com: BlueLinx to Host First Quarter 2024 Results Conference Call and Webcast on May 1, 2024 |
BlueLinx Holdings Returns Distribution Density
The distribution of BlueLinx Holdings' historical returns is an attempt to chart the uncertainty of BlueLinx Holdings' future price movements. The chart of the probability distribution of BlueLinx Holdings daily returns describes the distribution of returns around its average expected value. We use BlueLinx Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of BlueLinx Holdings returns is essential to provide solid investment advice for BlueLinx Holdings.
| Mean Return | 0.04 | Value At Risk | -4.43 | Potential Upside | 3.44 | Standard Deviation | 2.29 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of BlueLinx Holdings historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
BlueLinx Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as BlueLinx Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading BlueLinx Holdings backward and forwards among themselves. BlueLinx Holdings' institutional investor refers to the entity that pools money to purchase BlueLinx Holdings' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Goldman Sachs Group Inc | 2023-12-31 | 170.2 K | Bridgeway Capital Management, Llc | 2023-12-31 | 142.7 K | Wellington Management Company Llp | 2023-12-31 | 140.1 K | Aqr Capital Management Llc | 2023-12-31 | 128.2 K | Mill Road Capital Management Llc | 2023-12-31 | 124.3 K | Towle & Co | 2023-12-31 | 117.7 K | Jpmorgan Chase & Co | 2023-12-31 | 99.8 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 96.7 K | Arrowstreet Capital Limited Partnership | 2023-12-31 | 91.3 K | Blackrock Inc | 2023-12-31 | 936.9 K | Voss Capital Llc | 2023-12-31 | 645.1 K |
BlueLinx Holdings Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 2.7M | (11.6M) | 85.1M | 213.7M | 222.8M | 233.9M | |
| Free Cash Flow | (14.4M) | 51.3M | 130.6M | 364.4M | 278.8M | 292.7M | |
| Depreciation | 30.2M | 28.9M | 28.2M | 27.6M | 32.0M | 21.9M | |
| Other Non Cash Items | (12.3M) | (9.8M) | (3.6M) | (2.9M) | 26.9M | 28.3M | |
| Capital Expenditures | 4.8M | 3.7M | 14.4M | 35.9M | 27.5M | 28.9M | |
| Net Income | (17.7M) | 80.9M | 296.1M | 296.2M | 48.5M | 31.9M | |
| End Period Cash Flow | 11.6M | 82K | 85.2M | 298.9M | 521.7M | 547.8M | |
| Change To Inventory | (4.0M) | 3.7M | (146.4M) | 20.8M | 140.9M | 147.9M | |
| Change Receivables | 15.6M | (100.8M) | (46.0M) | 101.3M | 116.5M | 122.3M | |
| Net Borrowings | (43.7M) | (145.1M) | (45.2M) | (10.9M) | (9.8M) | (9.3M) | |
| Change To Netincome | (11.2M) | 10.6M | (5.4M) | 14.8M | 17.0M | 17.8M | |
| Investments | 21.1M | 9.2M | (4.1M) | (98.7M) | (99.0M) | (94.1M) |
BlueLinx Holdings Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to BlueLinx Holdings or Trading Companies & Distributors sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that BlueLinx Holdings' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a BlueLinx stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.1 | |
β | Beta against NYSE Composite | 2.19 | |
σ | Overall volatility | 2.29 | |
Ir | Information ratio | -0.01 |
BlueLinx Holdings Volatility Alert
BlueLinx Holdings currently demonstrates below-average downside deviation. It has Information Ratio of -0.01 and Jensen Alpha of -0.1. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure BlueLinx Holdings' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact BlueLinx Holdings' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.BlueLinx Holdings Fundamentals Vs Peers
Comparing BlueLinx Holdings' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze BlueLinx Holdings' direct or indirect competition across all of the common fundamentals between BlueLinx Holdings and the related equities. This way, we can detect undervalued stocks with similar characteristics as BlueLinx Holdings or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of BlueLinx Holdings' fundamental indicators could also be used in its relative valuation, which is a method of valuing BlueLinx Holdings by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare BlueLinx Holdings to competition |
| Fundamentals | BlueLinx Holdings | Peer Average |
| Return On Equity | 0.0793 | -0.31 |
| Return On Asset | 0.0546 | -0.14 |
| Profit Margin | 0.02 % | (1.27) % |
| Operating Margin | 0.04 % | (5.51) % |
| Current Valuation | 1.08 B | 16.62 B |
| Shares Outstanding | 8.66 M | 571.82 M |
| Shares Owned By Insiders | 3.72 % | 10.09 % |
| Shares Owned By Institutions | 93.70 % | 39.21 % |
| Number Of Shares Shorted | 209.99 K | 4.71 M |
| Price To Earning | 7.90 X | 28.72 X |
| Price To Book | 1.60 X | 9.51 X |
| Price To Sales | 0.32 X | 11.42 X |
| Revenue | 3.14 B | 9.43 B |
| Gross Profit | 832.98 M | 27.38 B |
| EBITDA | 168.12 M | 3.9 B |
| Net Income | 48.54 M | 570.98 M |
| Cash And Equivalents | 104.95 M | 2.7 B |
| Cash Per Share | 11.31 X | 5.01 X |
| Total Debt | 617.97 M | 5.32 B |
| Debt To Equity | 1.22 % | 48.70 % |
| Current Ratio | 3.73 X | 2.16 X |
| Book Value Per Share | 73.33 X | 1.93 K |
| Cash Flow From Operations | 306.29 M | 971.22 M |
| Short Ratio | 3.27 X | 4.00 X |
| Earnings Per Share | 5.39 X | 3.12 X |
| Target Price | 126.8 | |
| Number Of Employees | 1.98 K | 18.84 K |
| Beta | 1.93 | -0.15 |
| Market Capitalization | 985.45 M | 19.03 B |
| Total Asset | 1.54 B | 29.47 B |
| Retained Earnings | 469.14 M | 9.33 B |
| Working Capital | 901.84 M | 1.48 B |
| Current Asset | 402.02 M | 9.34 B |
Note: Disposition of 3344 shares by Michael Wilson of BlueLinx Holdings subject to Rule 16b-3 [view details]
BlueLinx Holdings Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as BlueLinx . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.0316 | |||
| Daily Balance Of Power | (0.09) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 110.74 | |||
| Day Typical Price | 110.39 | |||
| Market Facilitation Index | 3.55 | |||
| Price Action Indicator | (1.20) | |||
| Period Momentum Indicator | (0.31) |
About BlueLinx Holdings Buy or Sell Advice
When is the right time to buy or sell BlueLinx Holdings? Buying financial instruments such as BlueLinx Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Liabilities | 954.2M | 900.0M | 903.3M | 658.7M | Other Stockholder Equity | 268.1M | 200.7M | 165.1M | 247.9M |
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Check out BlueLinx Holdings Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade BlueLinx Stock refer to our How to Trade BlueLinx Stock guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for BlueLinx Stock analysis
When running BlueLinx Holdings' price analysis, check to measure BlueLinx Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BlueLinx Holdings is operating at the current time. Most of BlueLinx Holdings' value examination focuses on studying past and present price action to predict the probability of BlueLinx Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlueLinx Holdings' price. Additionally, you may evaluate how the addition of BlueLinx Holdings to your portfolios can decrease your overall portfolio volatility.
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Is BlueLinx Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BlueLinx Holdings. If investors know BlueLinx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BlueLinx Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.57) | Earnings Share 5.39 | Revenue Per Share 348.991 | Quarterly Revenue Growth (0.16) | Return On Assets 0.0546 |
The market value of BlueLinx Holdings is measured differently than its book value, which is the value of BlueLinx that is recorded on the company's balance sheet. Investors also form their own opinion of BlueLinx Holdings' value that differs from its market value or its book value, called intrinsic value, which is BlueLinx Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlueLinx Holdings' market value can be influenced by many factors that don't directly affect BlueLinx Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlueLinx Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if BlueLinx Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlueLinx Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.