Lumida
/BXC
⌘K
Bluelinx Holdings Inc

Bluelinx Holdings Inc

BXC
$60.46USD↓-2.50%-1.55 today

MARKET CAP

470.5M

P/E (TTM)

67.9x

FWD P/E

39.3x

DAY RANGE

$59 – $63

52W RANGE

$45
$88

AI Summary

Stalk
StalkMedium

BXC is in an early Stage 2 advance following a breakout from its May–June consolidation, highlighted by a Momentum Breakout that overcame prior resistance with strong volume. The medium-term bias remains bullish given acceptance above rising EMAs and continuation signals, but short-term conditions are overextended and overbought. Execution should be deferred into a pullback toward the 9/20 EMA cluster around the former breakout zone for higher-probability long entries.

  • ↑Q1 2026 revenue reached $731 M (+3% YoY) led by DeStero specialty sales
  • ↑Adjusted EBITDA rose 20% YoY to $23.5 M via cost controls and volume gains
  • ↓Gross margin only 15.9%; price deflation cut into specialty and structural segments
Full analysis →

The case for & against

Bull & Bear analysis

Bearish

BlueLinx Holdings Inc. (NASDAQ: BXC) operates in the building materials sector, predominantly in the distribution of specialty and structural products. The company has strategically centered its initiatives on capturing market share in engineered wood products and emphasizing momentum in the multifamily housing sector as the overarching theme of its growth strategy. Despite facing macroeconomic headwinds, BlueLinx is adapting by focusing on supply chain efficiencies, price management, and product expansions, particularly after the acquisition of DeStero Lumber Company.

Bull says

  • ↑Q1 2026 revenue reached $731 M (+3% YoY) led by DeStero specialty sales
  • ↑Adjusted EBITDA rose 20% YoY to $23.5 M via cost controls and volume gains
  • ↑$659 M liquidity on hand offsets seasonal –$57 M operating cash flow
  • ↑$3 M in Q1 buybacks demonstrates shareholder return focus; $56 M authorization left
  • ↑DeStero acquisition boosts specialty product momentum in multifamily housing
  • ↑High earnings yield and strong revision momentum hint at undervaluation

Bear says

  • ↓Gross margin only 15.9%; price deflation cut into specialty and structural segments
  • ↓Negative profitability factor signals struggle to convert sales into earnings
  • ↓Growth outlook muted; management doesn’t expect similar performance in 2H 2026
  • ↓–$57 M operating cash flow and –$60 M free cash flow raise liquidity concerns
  • ↓High sensitivity to rising mortgage rates undermines demand for building materials
  • ↓Competitive pricing pressure continues to erode structural product margins

Investment themes with BXC

Buybacks↑ +0.48%

Companies repurchasing their own shares

C · JCI · WFC

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-09-2026neutral

Transcript signals

Bull points

  • Net sales for the first quarter of 2025 were $731 million, up over 3% year-over-year.
  • Total gross profit was $116 million, and gross margin was 15.9%, up from 15.7% in the prior year period.
  • Adjusted EBITDA was $23.5 million, up approximately 20% from the first quarter of 2025 due to increased sales, including the sterile, improved overall gross margins, and disciplined expense management.

Bear points

  • Net loss for the quarter was $1.5 million, or 18 cents per share, primarily due to higher net interest expense and higher depreciation and amortizations.
  • we do not expect similar performance over the balance of 2026, reflecting ongoing demand pressures in a still-soft housing environment.
  • This decrease was primarily due to lower pricing for both lumber and panels when compared to last year, offsetting the higher lumber volumes we generated.
Read full transcript analysis ›