Investment firm AE Wealth Management LLC has invested $450,000 in BlueLinx Holdings

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Bluelinx Holdings Intrinsic Value – BLUELINX ($NYSE:BXC): BlueLinx Holdings Inc. is a holding company that operates as a wholesale distributor of building products in the United States. It offers a broad range of products, including lumber and lumber sheet goods, millwork, roofing, siding, windows, decking, engineered wood products, and other specialty building products. AE Wealth Management LLC is an investment firm that specializes in investing in publicly traded companies.

Market Price

People seem to be pretty positive about it so far. I know on Monday the stock opened at $63.5 and closed at $65.9, which is up from the previous closing price of 63.2 by 4.1%. That’s all I really know about the company, but I’m sure there’s more to it than that.

VI Analysis – Bluelinx Holdings Intrinsic Value Calculator

Bluelinx Holdings Inc. is an American industrial distributor of building products and services in the United States. Bluelinx operates through two segments: Building Products Distribution and Engineered Components. The Building Products Distribution segment offers a broad range of products, including lumber, millwork, windows, doors, decking, siding, stone, metal and composite products, roofing, insulation, drywall, and tools. The Engineered Components segment provides specialty building products, such as trusses, wall panels, stairs, and engineered lumber products. Bluelinx Holdings Inc. is an American industrial distributor of building products and services in the United States. Bluelinx operates through two segments: Building Products Distribution and Engineered Components.

The Building Products Distribution segment offers a broad range of products, including lumber, millwork, windows, doors, decking, siding, stone, metal and composite products, roofing, insulation, drywall, and tools. The Engineered Components segment provides specialty building products, such as trusses, wall panels, stairs, and engineered lumber products. Bluelinx Holdings Inc.’s stock is currently overvalued by 25%, trading at $65.9 per share. This is based on VI Line’s fair value calculation of $52.8 per share. Bluelinx’s fundamentals reflect its long term potential as a company, however investors should be aware that the stock is currently overpriced and may not be a good investment at this time.

VI Peers

There is fierce competition between BlueLinx Holdings Inc and its competitors: Beacon Roofing Supply Inc, Noda Corp, Daiken Co Ltd. All four companies are vying for market share in the highly competitive roofing supplies industry.

However, its competitors are also well-established and are constantly innovating to try to gain market share.

– Beacon Roofing Supply Inc ($NASDAQ:BECN)

Beacon Roofing Supply, Inc. is engaged in the distribution of residential and commercial roofing materials in the United States and Canada. The Company’s segments include Residential Roofing, Commercial Roofing, Exterior and Interior Building Products, and Roofing Components and Metal Shingles. It offers a portfolio of products, including asphalt shingles, metal roofing, slate roofing, tile roofing, commercial roofing, siding, windows, decking, waterproofing and air barriers. The Company’s subsidiaries include Beacon Roofing Supply Canada Inc., and BRS International Holdings Limited.

– Noda Corp ($TSE:7879)

Noda Corp is a Japanese company that manufactures and sells electronic products. It has a market cap of 20.7B as of 2022 and a ROE of 17.42%. The company’s products include electronic components, semiconductors, and other electronic products.

– Daiken Co Ltd ($TSE:5900)

Daiken Co Ltd is a Japanese company that manufactures and sells electric power equipment, including transformers, circuit breakers, and cables. The company has a market cap of 3.67B as of 2022 and a Return on Equity of 2.29%. Daiken Co Ltd is a publicly traded company listed on the Tokyo Stock Exchange.

Summary

If you’re thinking about investing in BLUELINX HOLDINGS, here’s what you need to know. First, the company is engaged in the wholesale distribution of building and industrial products in the United States. Second, AE Wealth Management LLC has invested $450,000 in the company. So far, news sentiment about the company has been mostly positive. This is likely due to the fact that, on the day that the news about AE Wealth Management’s investment was announced, the stock price of BLUELINX HOLDINGS moved up. Investing in BLUELINX HOLDINGS could be a good way to get exposure to the U.S. building and industrial products market.

However, it’s important to do your own research before investing, and to keep in mind that stock prices can go up or down, and that investments can lose money.