Boise Cascade Co (NYSE: BCC) is 10.36% higher on its value in year-to-date trading and has touched a low of $80.39 and a high of $148.97 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BCC stock was last observed hovering at around $144.69 in the last trading session, with the day’s loss setting it -7.19%.
Currently trading at $137.50, the stock is 6.19% and 7.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.09 million and changing -4.97% at the moment leaves the stock 7.79% off its SMA200. BCC registered 49.63% gain for a year compared to 6-month loss of -6.17%.
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The stock witnessed a 8.11% gain in the last 1 month and extending the period to 3 months gives it a 16.63%, and is 1.21% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.59% over the week and 3.62% over the month.
Boise Cascade Co (BCC) has around 7300 employees, a market worth around $5.35B and $6.92B in sales. Current P/E ratio is 12.00 and Fwd P/E is 13.34. Profit margin for the company is 6.60%. Distance from 52-week low is 71.05% and -7.70% from its 52-week high. The company has generated returns on investments over the last 12 months (16.15%).
with sales reaching $1.71B over the same period.The EPS is expected to shrink by -21.29% this year, but quarterly earnings will post -1.10% year-over-year. Quarterly sales are estimated to shrink -7.50% in year-over-year returns.
Boise Cascade Co (BCC) Top Institutional Holders
525.0 institutions hold shares in Boise Cascade Co (BCC), with institutional investors hold 101.85% of the company’s shares. The shares outstanding are 39.54M, and float is at 38.47M with Short Float at 3.67%. Institutions hold 100.96% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.2 million shares valued at $858.94 million. The investor’s holdings represent 18.19% of the BCC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.61 million shares valued at $549.98 million to account for 11.647 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 2.81 million shares representing 7.1032% and valued at over $335.42 million, while WELLINGTON MANAGEMENT GROUP LLP holds 6.8679 of the shares totaling 2.72 million with a market value of $324.31 million.
Boise Cascade Co (BCC) Insider Activity
The most recent transaction is an insider sale by Twedt Jill, the company’s SVP General Counsel & Corp Sec. SEC filings show that Twedt Jill sold 2,000 shares of the company’s common stock on Sep 06 ’24 at a price of $124.74 per share for a total of $0.25 million. Following the sale, the insider now owns 35437.0 shares.
Still, SEC filings show that on May 15 ’24, Strom Jeffrey Robert (EVP, BMD) disposed off 3,000 shares at an average price of $140.00 for $0.42 million. The insider now directly holds 40,353 shares of Boise Cascade Co (BCC).
