Equities analysts expect that Boise Cascade Co (NYSE:BCC) will post earnings per share (EPS) of $0.40 for the current quarter, according to Zacks. Zero analysts have made estimates for Boise Cascade’s earnings, with estimates ranging from $0.30 to $0.49. Boise Cascade posted earnings per share of $0.71 in the same quarter last year, which would suggest a negative year-over-year growth rate of 43.7%. The firm is scheduled to issue its next earnings results on Monday, August 3rd.
On average, analysts expect that Boise Cascade will report full-year earnings of $1.98 per share for the current financial year, with EPS estimates ranging from $1.85 to $2.11. For the next year, analysts expect that the business will post earnings of $2.18 per share, with EPS estimates ranging from $1.90 to $2.46. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Boise Cascade.
Boise Cascade (NYSE:BCC) last issued its quarterly earnings results on Thursday, May 7th. The construction company reported $0.31 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.46 by ($0.15). Boise Cascade had a return on equity of 13.44% and a net margin of 1.71%. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same period in the previous year, the company earned $0.29 earnings per share. Boise Cascade’s revenue for the quarter was up 12.3% on a year-over-year basis.
Large investors have recently bought and sold shares of the business. NumerixS Investment Technologies Inc acquired a new position in Boise Cascade in the fourth quarter valued at approximately $40,000. PNC Financial Services Group Inc. lifted its holdings in Boise Cascade by 33.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,848 shares of the construction company’s stock valued at $69,000 after acquiring an additional 460 shares during the last quarter. FMR LLC lifted its holdings in Boise Cascade by 436.4% in the first quarter. FMR LLC now owns 3,331 shares of the construction company’s stock valued at $89,000 after acquiring an additional 2,710 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Boise Cascade by 45.7% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,427 shares of the construction company’s stock valued at $81,000 after acquiring an additional 1,075 shares during the last quarter. Finally, Advisor Group Holdings Inc. acquired a new position in Boise Cascade in the first quarter valued at approximately $91,000. Institutional investors own 94.14% of the company’s stock.
BCC traded down $1.16 during midday trading on Friday, reaching $36.45. The company had a trading volume of 156,900 shares, compared to its average volume of 319,686. The company has a quick ratio of 1.30, a current ratio of 2.52 and a debt-to-equity ratio of 0.74. The business has a 50-day moving average of $33.62 and a two-hundred day moving average of $33.17. The company has a market cap of $1.47 billion, a P/E ratio of 17.74, a P/E/G ratio of 3.49 and a beta of 2.26. Boise Cascade has a 1 year low of $20.08 and a 1 year high of $41.14.
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a $0.10 dividend. The ex-dividend date was Friday, May 29th. This represents a $0.40 annualized dividend and a dividend yield of 1.10%. Boise Cascade’s dividend payout ratio (DPR) is presently 19.14%.
Boise Cascade Company Profile
Boise Cascade Company manufactures wood products and distributes building materials in the United States and Canada. It operates in two segments, Wood Products and Building Materials Distribution. The Wood Products segment manufactures laminated veneer lumber and laminated beams used in headers and beams; I-joists for residential and commercial flooring and roofing systems, and other structural applications; and structural, appearance, and industrial plywood panels.
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