Boise Cascade Company: Cheaper Valuation But Challenges To Continue Further [Seeking Alpha]
Boise Cascade, L.L.C. (BCC)
Last boise cascade, l.l.c. earnings: 2/24 04:30 pm
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US:NYSE Investor Relations:
bc.com/investor-relations
Company Research
Source: Seeking Alpha
Boise Cascade Company (BCC) faces near-term challenges due to high mortgage rates and weak demand. Q2 2024 saw a 1% topline decline and a 210 bps drop in EBITDA margin due to pricing pressures and higher costs. Long-term prospects remain favorable due to demographic trends and BCC's strong market position, but near-term growth is hindered by economic uncertainties. Despite trading at a discount, poor near-term growth prospects suggest avoiding BCC stock for now, maintaining a HOLD rating. Hans Hansen The Thesis Since my last neutral article on Boise Cascade Company (NYSE: NYSE: BCC ), the stock is down in single digits against a 6% rise in the S&P500. After a decent start to 2024, the second quarter reported a consolidated topline decline of 1% as the weak demand environment continued primarily due to elevated mortgage rates. I am expecting the company's topline to remain under pressure in the remainder of 2024 due to the expected volume decline across most of the busines
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BCC
News
- Boise Cascade (NYSE: BCC) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Boise Cascade Co (BCC) Q3 2024 Earnings Call Highlights: Navigating Market Challenges with ... [Yahoo! Finance]Yahoo! Finance
- Boise Cascade (NYSE:BCC) Posts Q3 Sales In Line With Estimates [Yahoo! Finance]Yahoo! Finance
- Boise Cascade Company Reports Third Quarter 2024 ResultsBusiness Wire
- Estimating The Fair Value Of Boise Cascade Company (NYSE:BCC) [Yahoo! Finance]Yahoo! Finance
BCC
Earnings
- 11/4/24 - Miss
BCC
Sec Filings
- 11/20/24 - Form 4
- 11/15/24 - Form 4
- 11/13/24 - Form 4
- BCC's page on the SEC website