Benchmark Co. analyst Reuben Garner maintained a Hold rating on Boise Cascade (BCC – Research Report) today. The company’s shares closed yesterday at $130.67.
Garner covers the Industrials sector, focusing on stocks such as Bluelinx Holdings, Owens Corning, and Quanex. According to TipRanks, Garner has an average return of 27.4% and a 73.68% success rate on recommended stocks.
In addition to Benchmark Co., Boise Cascade also received a Hold from Goldman Sachs’s Susan Maklari in a report issued yesterday. However, on the same day, Truist Financial assigned a Buy rating to Boise Cascade (NYSE: BCC).
BCC market cap is currently $5.16B and has a P/E ratio of 11.34.
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BCC in relation to earlier this year.
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Boise Cascade (BCC) Company Description:
Boise Cascade Co. engages in the manufacture and distribution of vertically-integrated wood products and building materials. It operates through the Wood Products and Building Materials Distribution (BMD) segments. The Wood Products segment manufactures and sells engineered wood products, plywood, particleboard, studs and ponderosa pine lumber. The Building Materials Distribution segment distributes and sells broad line of building materials, including engineered wood products, oriented strand board, plywood, lumber, and general line items such as siding, metal products, insulation, roofing, and composite decking. The company was founded on October 29, 2004 and is headquartered in Boise, ID.
