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Investing.com - DA Davidson lowered its price target on BlueLinx (NYSE:BXC) to $75.00 from $80.00 while maintaining a Neutral rating on the stock. The building products distributor, with a market capitalization of $573 million, currently trades at $72.57. According to InvestingPro data, analyst targets range from $75 to $85.
The firm characterized BlueLinx’s second-quarter 2025 performance as "better than feared" despite operating in what it described as a tough environment. The company’s shares have traded modestly lower since reporting these results, with InvestingPro analysis indicating a WEAK Financial Health Score of 1.74. The company generated $98.4 million in EBITDA over the last twelve months.
DA Davidson highlighted several positive aspects of BlueLinx’s performance, including year-over-year volume gains in both of the company’s segments. These gains were partly driven by execution within the multi-family sector.
The firm also noted the relatively stable gross margin performance in BlueLinx’s Specialty Products segment as another silver lining in the quarterly results.
DA Davidson maintained its Neutral rating on BlueLinx, stating it is waiting for "more evidence of EBITDA margin stabilization and better visibility into 2026" before reconsidering its position.
In other recent news, BlueLinx Holdings Inc. reported its second-quarter 2025 earnings, revealing an earnings per share (EPS) of $0.70. This figure fell short of analysts’ expectations, which had projected an EPS of $1.00. Despite this miss, the company’s stock experienced a rise. BlueLinx reported net sales of $780 million, which, while slightly below forecasts, represented a 2% increase from the previous year. These recent developments highlight the company’s ongoing performance in the market. No new information regarding mergers or acquisitions was reported at this time. Additionally, there were no updates on analyst upgrades or downgrades for BlueLinx. The company’s financial results continue to be a focal point for investors.
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