Analyst Ratings for Boise Cascade Co. (BCC)Updated: 2017-07-28
An average rating of Overweight has been given to Boise Cascade Co. (NYSE:BCC) by analysts covering the stock. BCC had previously received a consensus rating of Overweight a month ago.
Of the 4 analysts covering the stock, 2 gave it a buy rating, 0 issued an overweight rating, 2 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for BCC. The highest price target was 36, implying a possible profit of 13.74 percent. The most pessimistic price target was 29, implying a possible loss of -8.37 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -3.23 percent. The average change in earnings estimates over the last 90 days is 15.3 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -3.79 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 13.45 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
Analysts estimate earnings of BCC to grow at a rate of 44.71 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of BCC is 0.59.
BCC has traded between a high of 33.40 and a low of 17.80 over the past year. The current market price is above the trailing year's low by 77.81 percent, and 5.24 percent below the high. BCC has a P/E ratio of 26.38. Investors typically compare the P/E ratio to a company's peers in the industry. The BCC value stock report compares BCC to some of its peers using value stock charts. The stock has a market capitalization of $1.17 billion. BCC's next earnings release will be on 0000-00-00, which is days away.