Boise Cascade (BCC) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February ...

In the latest trading session, Boise Cascade (BCC) closed at $141.86, marking a +0.92% move from the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.1%. On the other hand, the Dow registered a gain of 0.33%, and the technology-centric Nasdaq decreased by 0.3%.Coming into today, shares of the engineered wood products and plywood company had gained 6.24% in the past month. In that same time, the Construction sector gained 5.15%, while the S&P 500 gained 5.78%.The investment co ...

Investment in stocks after analyzing valuation metrics is considered one of the best practices. When considering valuation metrics, the price-to-earnings ratio has always been the obvious choice. This is because calculations based on earnings are easy and come in handy. However, the price-to-sales ratio is convenient for determining the value of stocks that are incurring losses or in an early development cycle, generating meager or no profit.What’s the Price-to-Sales Ratio?While a loss-making company with a ...

Core Viewpoint - The article emphasizes the importance of value investing and highlights Boise Cascade (BCC) as a strong value stock based on its financial metrics and Zacks Rank [1][4]. Valuation Metrics - Boise Cascade (BCC) has a Zacks Rank of 1 (Strong Buy) and a Value grade of A, indicating strong potential for value investors [2]. - BCC's P/E ratio is 11.90, significantly lower than the industry average of 26.22, suggesting it may be undervalued [2]. - The Forward P/E for BCC has ranged from 7.47 to 12.74 over the past year, with a median of 9.51 [2]. - BCC's P/B ratio is 2.32, compared to the industry average of 3.38, indicating a favorable valuation [2]. - Over the past 12 months, BCC's P/B has fluctuated between 1.12 and 2.38, with a median of 1.71 [2]. - The P/S ratio for BCC is 0.8, which is lower than the industry average of 1.43, further supporting its undervaluation [3]. - BCC's P/CF ratio stands at 8.55, well below the industry average of 28.35, highlighting its strong cash flow position [3]. - The P/CF for BCC has varied from 2.49 to 8.79 over the past year, with a median of 5.74 [3]. Overall Assessment - The combination of BCC's strong financial metrics and positive earnings outlook suggests that it is currently undervalued, making it an attractive option for value investors [4].

BOISE, Idaho--(BUSINESS WIRE)--Boise Cascade Company (NYSE: BCC) will host a webcast and conference call to discuss 2023 fourth quarter and full year earnings on Wednesday, February 21, 2024, at 11 a.m. Eastern. To join the webcast, go to the Investors section of our website at www.bc.com/investors and select the Event Calendar link. Analysts and investors who wish to ask questions during the Q&A session can register for the call here. The archived webcast will be available in the Investors section of Boi ...

BOISE, Idaho--(BUSINESS WIRE)--Boise Cascade Company’s (Boise Cascade or the Company) (NYSE: BCC) Board of Directors has declared a quarterly dividend of $0.20 per share to holders of its common stock. The dividend will be paid on March 15, 2024 to stockholders of record on February 23, 2024. Future dividend declarations, including amount per share, record date and payment date, will be made by the board of directors and will depend upon, among other things, legal capital requirements and surplus, the Comp ...

For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Boise Cascade (BCC) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Boise Cascade is one of 98 companies in the Construction group. The Construction group currently sits at #1 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual s ...

Boise Cascade (BCC) closed the latest trading day at $137.57, indicating a +0.51% change from the previous session's end. The stock exceeded the S&P 500, which registered a loss of 0.06% for the day. At the same time, the Dow added 0.35%, and the tech-heavy Nasdaq lost 0.76%.The engineered wood products and plywood company's stock has climbed by 5.81% in the past month, exceeding the Construction sector's loss of 0.85% and the S&P 500's gain of 3.36%.The investment community will be paying close attention t ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...

Boise Cascade (BCC) closed at $131.45 in the latest trading session, marking a -1.07% move from the prior day. This change lagged the S&P 500's daily gain of 0.08%. On the other hand, the Dow registered a loss of 0.26%, and the technology-centric Nasdaq increased by 0.36%.The the stock of engineered wood products and plywood company has risen by 2.79% in the past month, leading the Construction sector's loss of 2.24% and the S&P 500's gain of 2.4%.Investors will be eagerly watching for the performance of Bo ...