Why Boise Cascade, L.L.C. (NYSE:BCC) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $32.50 on Boise Cascade, L.L.C. (NYSE:BCC) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.47 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Boise Cascade, L.L.C. (NYSE:BCC) stands at 21.26.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Boise Cascade, L.L.C. Common St, the PEG ratio for coming 3-5 years is 1.41.

Technical Analysis

The technical analysis highlights that Boise Cascade, L.L.C. Common St current is trading $0.23 points away or +0.87% from its 50-day moving average of $26.28. Further it is trading $4.43 or +20.06% away its 200-day moving average of $22.08.

The 52-week high of Boise Cascade, L.L.C. (NYSE:BCC) was $33.15 while lowest point recorded in 52-week was $13.80. It implies if stock price makes a movement of over $-6.64, it will record a new 52-week high. In the case of +92.10% drop, it will touch a new 52-week low.

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