Boise Cascade Co (BCC) Stock Price Down 3.8%

advertisment

boise-cascade-logo-smallputnamstandard.com – Boise Cascade Co (NYSE:BCC)’s share price fell 3.8% on Thursday , AnalystRatings.NET reports. The company traded as low as $28.98 and last traded at $29.23, with a volume of 85,885 shares traded. The stock had previously closed at $30.37.

The firm has a 50-day moving average price of $30.13 and a 200-day moving average price of $32.15. The company has a market cap of $1.12 billion and a price-to-earnings ratio of 17.37.

Boise Cascade (NYSE:BCC) last released its quarterly earnings results on Thursday, October 22nd. The company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.08. During the same period in the previous year, the business posted $0.82 EPS. The company had revenue of $991.60 million for the quarter, compared to analyst estimates of $969.56 million. The firm’s quarterly revenue was up .8% compared to the same quarter last year. Equities analysts predict that Boise Cascade Co will post $1.56 earnings per share for the current year.

Boise Cascade Company is a plywood and engineered wood products (NYSE:BCC) manufacturer and building materials distributor. The Company’s segments include Wood Products and Building Materials Distribution. Its Wood Products segment manufactures plywood, EWP, studs, particleboard and ponderosa pine lumber. Its Building Materials Distribution segment is a wholesale distributor of various building materials, including EWP, OSB, plywood, lumber and general line items, such as siding, metal products, insulation, roofing and composite decking. The Company operates in the United States. The Company’s products are used in residential construction, residential repair-and-remodeling projects, light commercial construction and industrial applications. The Company caters to a range of retail lumberyards, home improvement centers, wholesalers and industrial converters, among others. It also manufactures engineered wood products, consisting of laminated veneer lumber (LVL), I-joists and laminated beams.

Source: www.putnamstandard.com