What Analysts Are Saying About Boise Cascade Stock
Portfolio Pulse from Benzinga Insights
Boise Cascade (NYSE:BCC) received mixed analyst ratings over the past three months, with 2 bullish and 3 indifferent ratings. The average 12-month price target is $127.4, up from the previous $116.80. Analysts from Goldman Sachs and Truist Securities have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. Boise Cascade operates in engineered wood products and building materials distribution, with the latter generating most revenue. Financial analysis shows a -14.86% revenue decline, a net margin of 7.8%, an ROE of 6.39%, an ROA of 4.02%, and a low debt-to-equity ratio of 0.22.
January 11, 2024 | 4:01 pm
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NEUTRAL IMPACT
Boise Cascade has mixed analyst ratings with an updated average 12-month price target of $127.4. Financials indicate revenue decline but strong ROE and ROA, and a healthy debt-to-equity ratio.
The mixed analyst ratings and the recent adjustments in price targets suggest a neutral short-term impact on BCC's stock price. The increase in the average price target could be seen as positive, but the revenue decline may raise concerns among investors. The strong ROE and ROA, along with a low debt-to-equity ratio, indicate good financial health, which might counterbalance the negative revenue trend. Overall, the impact is neutral due to these offsetting factors.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100