Alert: Positive Investment/Fundamental Signals (11/16/23)-Boise Cascade Co (NYSE: BCC)

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Significant positive changes in fundamentals have recently occurred for Boise Cascade Co (NYSE: BCC): the consensus estimate for December, 2024 increased significantly, the consensus estimate for December, 2023 increased significantly, and significant quarterly earnings acceleration occurred.

Boise Cascade Co (NYSE: BCC) has recently enjoyed meaningful positive changes in investment behavior: its shorter term price trend turned up.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, BCC is expected to continue to be a Value Builder.

Boise Cascade has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Boise Cascade has a good Appreciation Score of 78 and a very high Power Rating of 100, triggering the Highest Value Trend Rating.

Recent Price Action

Boise Cascade Co (NYSE: BCC) stock declined by -1.8% on 11/16/23. The shares closed at $110.71. The stock has been exceptionally strong relative to the market over the last nine months and has risen 7.4% during the last week.

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