Key Takeaways:
- Boise Cascade (BCC, Financial) is scheduled to release its Q1 financial results on May 5th, with projected EPS and revenue declines.
- Despite downward revisions, analysts' average price target indicates a potential upside of 23.59%.
- Current brokerage recommendations average a "Hold" with a GF Value estimate suggesting a slight downside.
Boise Cascade's Upcoming Earnings Report
Investors are eagerly anticipating Boise Cascade's (NYSE: BCC) first-quarter earnings announcement, slated for May 5th after the market closes. Analysts are projecting an Earnings Per Share (EPS) of $1.28 and revenue totaling $1.52 billion. These figures reflect a 7.9% decline from the same quarter last year. Recent forecast adjustments have leaned negative, with six downward revisions in EPS estimates and seven in revenue over the past ninety days.
Analyst Price Targets and Recommendations
According to six analysts offering a one-year price target for Boise Cascade, the average target price is set at $118.83. This implies a potential upside of 23.59% from its current trading price of $96.15. The price targets range between a high of $135.00 and a low of $103.00. For further details, visit the Boise Cascade Co (BCC, Financial) Forecast page.
The consensus among seven brokerage firms places Boise Cascade's (BCC, Financial) average brokerage recommendation at 2.7, suggesting investors maintain a "Hold" position. This recommendation is part of a scale where 1 represents a Strong Buy, and 5 indicates a Sell rating.
GuruFocus's GF Value Estimation
GuruFocus estimates the GF Value for Boise Cascade (BCC, Financial) at $94.17 for the upcoming year. This suggests a slight downside of 2.06% from the current market price of $96.15. The GF Value is calculated by analyzing historical trading multiples, previous business growth, and future business performance estimates. For a deeper dive into this data, check out the Boise Cascade Co (BCC) Summary page.
