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It's been a good week for BlueLinx Holdings Inc. (NYSE:BXC) shareholders, because the company has just released its latest quarterly results, and the shares gained 5.1% to US$109. It looks like a credible result overall - although revenues of US$747m were what the analysts expected, BlueLinx Holdings surprised by delivering a (statutory) profit of US$1.87 per share, an impressive 73% above what was forecast. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
See our latest analysis for BlueLinx Holdings
After the latest results, the four analysts covering BlueLinx Holdings are now predicting revenues of US$3.08b in 2025. If met, this would reflect a satisfactory 4.3% improvement in revenue compared to the last 12 months. Per-share earnings are expected to bounce 73% to US$6.13. In the lead-up to this report, the analysts had been modelling revenues of US$3.13b and earnings per share (EPS) of US$6.68 in 2025. The analysts seem to have become a little more negative on the business after the latest results, given the small dip in their earnings per share numbers for next year.
Despite cutting their earnings forecasts,the analysts have lifted their price target 10.0% to US$136, suggesting that these impacts are not expected to weigh on the stock's value in the long term. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values BlueLinx Holdings at US$137 per share, while the most bearish prices it at US$135. This is a very narrow spread of estimates, implying either that BlueLinx Holdings is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 3.4% growth on an annualised basis. That is in line with its 3.2% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 5.4% per year. So although BlueLinx Holdings is expected to maintain its revenue growth rate, it's forecast to grow slower than the wider industry.