Boise Cascade, L.L.C. (BCC) Getting Somewhat Favorable Media Coverage, Accern Reports
Media headlines about Boise Cascade, L.L.C. (NYSE:BCC) have been trending somewhat positive on Thursday, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Boise Cascade, L.L.C. earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned news coverage about the construction company an impact score of 45.8532208571969 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of research analysts recently commented on the stock. BidaskClub raised shares of Boise Cascade, L.L.C. from a “hold” rating to a “buy” rating in a research report on Thursday, June 15th. Zacks Investment Research downgraded shares of Boise Cascade, L.L.C. from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 4th. BMO Capital Markets reaffirmed a “hold” rating and set a $33.00 price objective on shares of Boise Cascade, L.L.C. in a research report on Thursday, July 20th. Sidoti assumed coverage on shares of Boise Cascade, L.L.C. in a research report on Friday, September 15th. They set a “buy” rating on the stock. Finally, DA Davidson downgraded shares of Boise Cascade, L.L.C. from a “buy” rating to a “neutral” rating and set a $36.00 price objective on the stock. in a research report on Tuesday. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $33.20.
Boise Cascade, L.L.C. (NYSE:BCC) traded up 1.91% during mid-day trading on Thursday, reaching $34.70. 343,411 shares of the company’s stock traded hands. The firm has a 50-day moving average price of $31.41 and a 200-day moving average price of $29.66. Boise Cascade, L.L.C. has a 1-year low of $17.80 and a 1-year high of $35.80. The stock has a market cap of $1.34 billion, a P/E ratio of 29.16 and a beta of 2.08.
Boise Cascade, L.L.C. (NYSE:BCC) last posted its quarterly earnings data on Thursday, July 27th. The construction company reported $0.57 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.61 by ($0.04). Boise Cascade, L.L.C. had a net margin of 1.13% and a return on equity of 8.32%. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.13 billion. During the same quarter last year, the business earned $0.49 earnings per share. Boise Cascade, L.L.C.’s revenue for the quarter was up 9.1% on a year-over-year basis. Equities research analysts anticipate that Boise Cascade, L.L.C. will post $1.64 EPS for the current fiscal year.
In other news, Director Thomas E. Carlile sold 17,552 shares of Boise Cascade, L.L.C. stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $31.75, for a total value of $557,276.00. Following the sale, the director now directly owns 63,496 shares in the company, valued at $2,015,998. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Nick Stokes sold 4,227 shares of Boise Cascade, L.L.C. stock in a transaction that occurred on Friday, July 28th. The shares were sold at an average price of $32.35, for a total transaction of $136,743.45. Following the completion of the sale, the executive vice president now owns 63,753 shares in the company, valued at $2,062,409.55. The disclosure for this sale can be found here. Insiders sold 23,290 shares of company stock worth $741,616 over the last quarter. 1.00% of the stock is owned by corporate insiders.
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About Boise Cascade, L.L.C.
Boise Cascade Company is an integrated wood products manufacturer and building materials distributor with operations throughout the United States and one manufacturing facility in Canada. The Company is also a producer of engineered wood products (EWP) and plywood in North America. The Company operates through three segments: Wood Products, Building Materials Distribution, and Corporate and Other.
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