Boise Cascade Co (NASDAQ: BCC) Market Updates – Analysis and Comparisons

Boise Cascade Co day trading at USD 31.06 per share, then rallying to 31.55 and closing at USD 30.5 per share. A net loss of -1.81% for the day. Long term pricing analysis shows the stock trading at 23.31% lower than it’s 52week high and -51.44% higher than the 52week low. The share volume traded for the day was 211K which was 0 times the 50 Day Average Volume.

Boise Cascade Co had a market cap of 1,195,496K as of 21st May 2020. The Earnings Per Share (EPS) for Q4 2019 is $ 2.08.

Boise Cascade Co which uses the trade name Boise Cascade is a North American manufacturer of wood products and wholesale distributors of building materials, headquartered in Boise, Idaho.

Financial Results

Boise Cascade Co First Quarter Of Fiscal 2020.

  • Boise Cascade Company reported net income of $12.2 million, or $0.31 per share, on sales of $1.2 billion for the first quarter ended March 31, 2020.
  • First-quarter 2020 results include $15.0 million and $1.7 million, respectively, of pre-tax accelerated depreciation and other curtailment related costs, or $0.32 per share after-tax, due to the previously announced permanent curtailment of I-joist production at our Roxboro, North Carolina, facility.
  • Boise Cascade ended first quarter 2020 with $215.0 million of cash and cash equivalents and $345.4 million of undrawn committed bank line availability, for total available liquidity of $560.4 million.

Boise Cascade Co (21st May 2020): The Institutional Ownership as of today stood at 96.52% and the Total Value of Holdings (millions) is $ 1,180.

New Institutional Holders and other activity – As of today the total number of shares held are 37,831,816 by 254 institutional holders.

LATEST NEWS:

15-May-2020:-  Q2 2020 Earnings Forecast for Boise Cascade Co Issued By DA Davidson (NYSE: BCC)

Boise Cascade Co (NYSE: BCC) – Equities research analysts at DA Davidson issued their Q2 2020 earnings per share estimates for Boise Cascade in a research note issued to investors on Monday, May 11th. DA Davidson analyst S. Chercover anticipates that the construction company will earn $0.04 per share for the quarter. DA Davidson currently has a “Buy” rating and a $44.00 target price on the stock. DA Davidson also issued estimates for Boise Cascade’s FY2020 earnings at $1.08 EPS and FY2021 earnings at $1.91 EPS.

7-May-2020:-  Boise Cascade Company Reports First Quarter 2020 Results and Provides COVID-19 Business Update

Boise Cascade Company reported net income of $12.2 million, or $0.31 per share, on sales of $1.2 billion for the first quarter ended March 31, 2020. First-quarter 2020 results include $15.0 million and $1.7 million, respectively, of pre-tax accelerated depreciation and other curtailment related costs, or $0.32 per share after-tax, due to the previously announced permanent curtailment of I-joist production at our Roxboro, North Carolina, facility.

26-April-2020:-  Analysts Anticipate Boise Cascade Co (NYSE: BCC) Will Post Earnings of $0.46 Per Share

Brokerages forecast that Boise Cascade Co (NYSE: BCC) will post earnings per share (EPS) of $0.46 for the current quarter, Zacks reports. Zero analysts have made estimates for Boise Cascade’s earnings, with the lowest EPS estimate coming in at $0.35 and the highest estimate coming in at $0.56. Boise Cascade reported earnings per share of $0.29 during the same quarter last year, which would suggest a positive year-over-year growth rate of 58.6%. The company is scheduled to announce its next earnings report before the market opens on Friday, May 8th.

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