Boise Cascade Co (BCC) Stock AnalysisBCCBoise Cascade Co

Boise Cascade Company is a United States wholesale distributor of building materials and a manufacturer of engineered wood products (EWP) and plywood in North America. The Company’s segments include Building Materials Distribution and Wood Products. Building Materials Distribution segment (BMD) operates a nationwide network of distribution facilities that sell a broad line of building materials, including oriented strand board (OSB), plywood, and lumber; general line items such as siding, composite decking, doors and millwork, metal products, roofing, and insulation, and EWP. Wood Products segment manufactures laminated veneer lumber (LVL), I-joists, and laminated beams. It manufactures structural, appearance, and industrial grade plywood panels, and ponderosa pine lumber. Its products are used in the construction of new residential housing, including single-family, multi-family, and manufactured homes, the repair-and-remodeling of existing housing, and other industrial applications. It operates in the Consumer Cyclicals sector (WHOLESALE-LUMBER & OTHER CONSTRUCTION MATERIALS industry).

Boise Cascade Co is a good buy right now due to its current price of $76.13, which is below the analyst price target of $99 from DA Davidson, indicating a potential upside of 30%. Additionally, the stock has a strong RSI of 66.08, suggesting it is nearing overbought territory but still has room for growth. The recent earnings report showed an EPS of $1.63, which was a 32.52% surprise over estimates, reflecting solid performance. However, the main risk is the downgrade from Goldman Sachs, which suggests caution as they set a lower price target of $85.

7 analysts cover BCC: 1 rate it Buy, 6 Hold and 0 Sell. The average price target is 89.33.