Boise Cascade's low P/E ratio is due to its forecast of declining earnings. Investors believe that the potential for an improvement in earnings is not significant enough to justify a higher P/E ratio.
Recent insider selling at Boise Cascade raises caution. Despite insiders owning shares, the lack of buying and volume of selling could concern potential investors. The company also shows 3 warning signs in investment analysis.
Boise Cascade or BCC is one of the largest producers of engineered wood products and plywood in North America. Its growth in PAT over the past decade was driven mostly by the past 2 years' outlier product prices, which have since declined. The company is fundamentally sound with strong financials. BCC is a cyclical company heavily influenced by the housing sector, and valuations based on probability-weighting the outlier prices show no margin of safety. For mor...
When hunting for companies in the wood-based products business, I found that those in Bursa Malaysia are mainly in the furniture sector. But many in the US are in the building materials sector. This is because in the US, most houses are timber-based whereas in Malaysia, most houses are brick and cement based. For example, Bursa MalaysiaDominanmanufactures and sells engineered wood mouldings and laminated wood panel products worl...
The significant selling of shares by an insider, with no insider buying recorded in the past year, is a potential red flag for investors. Some level of investment alignment with other shareholders is implied by the insider ownership, yet caution is recommended due to recent insider selling activity.
Upgrades •$ファンコ(FNKO.US)$: JPMorgan Upgrades to Overweight from Neutral - PT $28 (from $25) •$サウスウエスト・エアライン(LUV.US)$: Raymond James Upgrades to Strong Buy from Outperform - PT $55 (from $57) •$メットライフ(MET.US)$: Wolfe Research Upgrades to Outperform from Peerperform •$MGICインベストメント(MTG.US)$: RBC Capital Upgrades to Outperform from Sector Perform - PT $16 (from $15) •$スノーフレーク(SNOW.US)$: JPMorgan Upgrades to Overweigh...
RDK79 :
BCC’s net sales increased 21.1% year-over-year to $1.78 billion in the fourth quarter, ended Dec. 31, 2021. Its income from operations grew 129.4% from the year-ago value to $227.38 million, while its net income improved 550.3% year-over-year to $169.08 million over the period. The company’s EPS increased 545.5% from its year-ago value to $4.26. In terms of forward non-GAAP P/E, BCC is currently trading at 6.072x, which is 66.5% lower than the 18.1x industry average. Its 0.4 forward Price/Sales multiple is 71.4% lower than the 1.41 industry average.
ボイジー・カスケードに関するコメント
Boise Cascade – no margin of safety
For mor...
Boise Cascade vs Dominan – do not use the same valuation approach
This is because in the US, most houses are timber-based whereas in Malaysia, most houses are brick and cement based.
For example, Bursa Malaysia Dominan manufactures and sells engineered wood mouldings and laminated wood panel products worl...
コラムTop upgrades and downgrades on 6/23: HD, LOW, LUV, WE and more
• $ファンコ(FNKO.US)$ : JPMorgan Upgrades to Overweight from Neutral - PT $28 (from $25)
• $サウスウエスト・エアライン(LUV.US)$ : Raymond James Upgrades to Strong Buy from Outperform - PT $55 (from $57)
• $メットライフ(MET.US)$ : Wolfe Research Upgrades to Outperform from Peerperform
• $MGICインベストメント(MTG.US)$ : RBC Capital Upgrades to Outperform from Sector Perform - PT $16 (from $15)
• $スノーフレーク(SNOW.US)$ : JPMorgan Upgrades to Overweigh...
コラムTop upgrades and downgrades on 5/10
•$オートリブ(ALV.US)$ : UBS Upgrades to Buy from Neutral - PT $90 (from $103)
• $クリーンエナジーフューエルズ(CLNE.US)$ : Raymond James Upgrades to Outperform from Market Perform - PT $6
• $EOGリソーシズ(EOG.US)$ : Raymond James Upgrades to Strong Buy from Outperform - PT $170
• $ジェニュイン・パーツ(GPC.US)$ : BofA Securities Upgrades to Neutral from Underperform - PT $133
• $グラフィック・パッケージング・ホールディング(GPK.US)$ : Exane Upgrades to Outperform from Neutral - PT $26
• $ヘルスケア・トラスト・オブ・アメリカ(HTA.US)$ : Berenbe...
love this company
まだコメントはありません