Bluelinx traded at $76.75 this Friday October 23rd, decreasing $3.60 or 4.48 percent since the previous trading session. Looking back, over the last four weeks, Bluelinx lost 3.97 percent. Over the last 12 months, its price rose by 5.70 percent. Looking ahead, we forecast Bluelinx to be priced at 75.12 by the end of this quarter and at 70.45 in one year, according to Trading Economics global macro models projections and analysts expectations.
BlueLinx Holdings, Inc. is a wholesale distributor of residential and commercial building products in United States. The Company provides both branded and private-label stock keeping units (SKUs) across product categories such as lumber, panels, engineered wood, siding, millwork, metal building products, and other construction materials. It provides a wide range of value-added services and solutions to its customers and suppliers. The Company distributes its products in two principal categories: specialty products and structural products. Its specialty products include engineered wood products, molding, siding and trim, cedar, metal products (excluding rebar and remesh) and insulation. Structural products include plywood, oriented strand board, rebar and remesh, lumber, spruce and other wood products primarily used for structural support in construction projects. Its value-added services and solutions include inventory stocking, milling and fabrication services and backhaul services.