BXC's Risk to Reward Ratio is x6
BXC's May 1st earnings should be watched before deciding a position based on Fib support points.
Recent News
BlueLinx Names Mike Wilson Chief Commercial Officer - April 2nd, 2024
5-Point Inspection by OnePunchman:
Free Float shares: 8.3M - Positive
Cash & equivalents: 521 M - Positive
Debt: 617M - Positive
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Goals70, 65.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to....
Distributes building products in N. America. 5.5x EV/EBITDA, mid-teens free cash flow yield.
(ROIC mini board) www.acouplecents.com
Sector/industry is confirmed by the ISM
Nice 3 days consolidation right below pattern resistance. There is a multi year weekly trendline right above that breakout level (red dotted line on the chart and going back to 2018). watch price action around that level on a breakout.
The float is short extremely small. From an Enterprise prespective this is extremely underpriced. Technicals indicating all systems go. I could see this as a buyout canidate around $60-80 share as a modest estimation. Long 50 shares. Will require possibly 1 qtr before 40 range is broken
This company is from building materials wholesale industry. Right now in USA home permit had begun to growth. BXC problem is revenue, they need to increase their revenue to kickin net income. From our view, this company just need to growth their free cash flow just 2% (CAGR) and future value can reach $17 - $20 a share. Price start making up trend. We think this...
