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 maximum price target given was 36, implying potential capital gains of 13.74 percent. The most pessimistic price target was 29, implying a possible loss of -8.37 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -3.23 percent on average, compared to last month. 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 13.45 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.