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.
Many analysts weighed in on price targets for BCC. The most optimistic price target was 36, implying a possible profit of 13.74 percent. The most pessimistic analyst gave a price target of 29, implying potential capital losses 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. That number becomes 15.3 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -3.79 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 13.45 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
BCC has an estimated earnings growth rate of 44.71 percent as forecasted by analysts. 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. BCC has a PEG ratio of 0.59.
In the last 52-weeks, BCC has achieved a high of 33.40 and a low of 17.80. Currently the stock is 77.81 percent higher than its low, and 5.24 percent below the high. BCC has a price/earnings 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 market cap of BCC is $1.17 billion. BCC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.