Boise Cascade Co (NYSE: BCC) has reported E.P.S. of $2.85 for its second fiscal quarter (ending June 30) versus $3.69 for the same period a year ago — a decline of -23%. Relative to the consensus estimate of $2.69, this was a premium of $0.16. For the latest four quarters through June 30, E.P.S. were $11.55 compared to $14.65 a year ago — a decline of -21%.
Recent Price Action
Boise Cascade Co (NYSE: BCC) stock declined by -3.6% on 8/5/24. The shares closed at $124.22. Moreover, trading volume in this decline was above average at 133% of normal. The stock has performed in line with the market over the last nine months and has declined -11.9% during the last week.
Current PriceTarget Research Rating
BCC is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Boise Cascade has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Boise Cascade has a neutral Power Rating of 59 and a slightly positive Appreciation Score of 61, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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