Bluelinx Holdings Stock Target Price and Analyst Consensus

BXC
 Stock
  

USD 67.53  1.39  2.10%   

The current analyst and expert consensus on Bluelinx Holdings is Strong Buy, with 3 strong buy opinions. The current projected Bluelinx Holdings target price consensus is 95.67 with 3 analyst opinions. The most common way Bluelinx Holdings analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Bluelinx Holdings executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Bluelinx Holdings. We encourage you to use your own analysis of Bluelinx Holdings to validate this buy or sell advice. Bluelinx Holdings buy-or-sell recommendation module provides average expert sentiment on the projected Bluelinx Holdings target price to derive its highest and lowest estimates based on projected price volatility of 18.339. Continue to Macroaxis Advice on Bluelinx Holdings to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
  
As of November 30, 2022, Gross Profit is expected to decline to about 529.4 M. In addition to that, Profit Margin is expected to decline to 4.10. The current year Debt Current is expected to grow to about 33.8 M, whereas Inventories is forecasted to decline to about 357.8 M.

Bluelinx Holdings Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Bluelinx target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts performance other than comparing it to the past results via a very sophisticated attribution analysis. Bluelinx target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
Number of Opinions3
Lowered Outlook0
Raized Outlook0
Strong Buy
Most Bluelinx analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Bluelinx stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Bluelinx Holdings, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Bluelinx Holdings Target Price Projection

Bluelinx Holdings' current and average target prices are 67.53 and 95.67, respectively. The current price of Bluelinx Holdings is the price at which Bluelinx Holdings is currently trading. On the other hand, Bluelinx Holdings' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Bluelinx Holdings Market Quote on 30th of November 2022

Low Price67.25Odds
High Price69.19Odds

67.53

Target Price

Analyst Consensus On Bluelinx Holdings Target Price

Low Estimate75.0Odds
High Estimate110.0Odds
Number of Analysts3
Standard Deviation18.339

95.666

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Bluelinx Holdings and the information provided on this page.

Bluelinx Holdings Analyst Ratings

Bluelinx Holdings' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Bluelinx Holdings stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Bluelinx Holdings' financials, market performance, and future outlook by experienced professionals. Bluelinx Holdings' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

About Bluelinx Holdings Target Price Projections

Bluelinx Holdings's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Bluelinx Holdings and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of Bluelinx depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Bluelinx Holdings including analysis of its current option contracts.
Bluelinx Holdings' latest option contracts expiring on 2022-12-16 are carrying combined implied volatility of 47.01 with a put-to-call open interest ratio of 0.52 over 30 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2022-12-16. The current put volume is at 56, with calls trading at the volume of 14. This yields a 4.0 put-to-call volume ratio. The Bluelinx Holdings option chain provides detailed quote and price information for the current Bluelinx Holdings option contracts. It shows all of Bluelinx Holdings' listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-12-16 Option Contracts

Bluelinx Holdings option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Bluelinx Holdings' lending market. For example, when Bluelinx Holdings' puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Bluelinx Holdings, he or she must hedge the risk by shorting Bluelinx Holdings stock over its option's life.
The chart above shows Bluelinx Holdings' distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Bluelinx Holdings' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Bluelinx Holdings' option, there is no secondary market available for investors to trade.

Bluelinx Holdings Maximum Pain Price across 2022-12-16 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Bluelinx Holdings close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Bluelinx Holdings' stock options are financial instruments that give investors the right to buy or sell shares of Bluelinx Holdings common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Bluelinx stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Bluelinx Holdings' stock price goes up or down, the stock options follow.
Continue to Macroaxis Advice on Bluelinx Holdings to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

Bluelinx Holdings In The Money Call Balance

When Bluelinx Holdings' strike price is surpassing the current stock price, the option contract against Bluelinx Holdings stock is said to be in the money. When it comes to buying Bluelinx Holdings' options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Bluelinx Holdings are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Bluelinx Current Options Market Mood

Bluelinx Holdings' open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Bluelinx Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Bluelinx Holdings' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Bluelinx Holdings' option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Bluelinx Holdings' option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Additional Bluelinx Holdings Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Bluelinx Holdings is a key component of Bluelinx Holdings valuation and have some predictive power on the future returns of a Bluelinx Holdings.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Bluelinx Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Bluelinx Holdings in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
63.1967.2371.27
Details
Intrinsic
Valuation
LowReal ValueHigh
60.5379.8583.89
Details
Naive
Forecast
LowNext ValueHigh
63.3767.4171.45
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
63.4367.3871.34
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bluelinx Holdings. Your research has to be compared to or analyzed against Bluelinx Holdings' peers to derive any actionable benefits. When done correctly, Bluelinx Holdings' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Bluelinx Holdings.

Additional Bluelinx Holdings Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Bluelinx Holdings is a key component of Bluelinx Holdings valuation and have some predictive power on the future returns of a Bluelinx Holdings.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Bluelinx Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Bluelinx Holdings in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
63.1967.2371.27
Details
Intrinsic
Valuation
LowReal ValueHigh
60.5379.8583.89
Details
Naive
Forecast
LowNext ValueHigh
63.3767.4171.45
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
63.4367.3871.34
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bluelinx Holdings. Your research has to be compared to or analyzed against Bluelinx Holdings' peers to derive any actionable benefits. When done correctly, Bluelinx Holdings' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Bluelinx Holdings.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Investor Favorites
Invested over 90 shares
Macroaxis Index
Invested over 90 shares
Baby Boomer Prospects
Invested over 90 shares
Continue to Macroaxis Advice on Bluelinx Holdings to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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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 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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The data published in Bluelinx Holdings' official financial statements usually reflect Bluelinx Holdings' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Bluelinx Holdings. For example, before you start analyzing numbers published by Bluelinx accountants, it's critical to develop an understanding of what Bluelinx Holdings' liquidity, profitability, and earnings quality are in the context of the Industrials space in which it operates.
Please note, the presentation of Bluelinx Holdings' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bluelinx Holdings' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Bluelinx Holdings' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Bluelinx Holdings. Please utilize our Beneish M Score to check the likelihood of Bluelinx Holdings' management to manipulate its earnings.