Boise Cascade, L.L.C. (BCC) Earns Daily News Impact Score of 0.16

Press coverage about Boise Cascade, L.L.C. (NYSE:BCC) has been trending somewhat positive this week, Accern reports. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Boise Cascade, L.L.C. earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media coverage about the construction company an impact score of 44.8136872260878 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

A number of brokerages recently commented on BCC. BidaskClub raised shares of Boise Cascade, L.L.C. from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. Zacks Investment Research downgraded shares of Boise Cascade, L.L.C. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 4th. BMO Capital Markets reissued a “market perform” rating and issued a $33.00 price objective (up previously from $30.00) on shares of Boise Cascade, L.L.C. in a research note on Monday, June 12th. Finally, TheStreet raised shares of Boise Cascade, L.L.C. from a “c” rating to a “b” rating in a report on Friday, May 5th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $31.50.

Boise Cascade, L.L.C. (NYSE BCC) traded down 1.54% during trading on Friday, reaching $28.80. 344,186 shares of the company’s stock traded hands. The company has a market cap of $1.11 billion, a PE ratio of 24.20 and a beta of 2.05. The company has a 50 day moving average price of $29.60 and a 200-day moving average price of $28.58. Boise Cascade, L.L.C. has a 12-month low of $17.80 and a 12-month high of $33.40.

Boise Cascade, L.L.C. (NYSE:BCC) last announced its quarterly earnings data on Thursday, July 27th. The construction company reported $0.57 earnings per share 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 firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.13 billion. During the same quarter in the previous year, the business posted $0.49 earnings per share. Boise Cascade, L.L.C.’s revenue for the quarter was up 9.1% compared to the same quarter last year. On average, equities research analysts forecast that Boise Cascade, L.L.C. will post $1.65 EPS for the current fiscal year.

In other news, EVP Nick Stokes sold 4,227 shares of the firm’s stock in a transaction on Friday, July 28th. The shares were sold at an average price of $32.35, for a total value of $136,743.45. Following the sale, the executive vice president now directly owns 63,753 shares in the company, valued at approximately $2,062,409.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Kelly E. Hibbs sold 1,511 shares of the firm’s stock in a transaction on Friday, July 28th. The shares were sold at an average price of $31.50, for a total transaction of $47,596.50. Following the completion of the sale, the vice president now owns 25,868 shares in the company, valued at $814,842. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by company insiders.

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Boise Cascade, L.L.C. Company Profile

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.