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Boise Cascade (BCC) Increases Despite Market Slip: Here's What You Need to Know
Zacks Investment Research· 2024-01-31 00:01
Boise Cascade (BCC) closed the latest trading day at $137.57, indicating a +0.51% change from the previous session's end. The stock exceeded the S&P 500, which registered a loss of 0.06% for the day. At the same time, the Dow added 0.35%, and the tech-heavy Nasdaq lost 0.76%.The engineered wood products and plywood company's stock has climbed by 5.81% in the past month, exceeding the Construction sector's loss of 0.85% and the S&P 500's gain of 3.36%.The investment community will be paying close attention t ...
Fast-paced Momentum Stock Boise Cascade (BCC) Is Still Trading at a Bargain
Zacks Investment Research· 2024-01-26 14:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...
Boise Cascade (BCC) Stock Dips While Market Gains: Key Facts
Zacks Investment Research· 2024-01-25 00:01
Boise Cascade (BCC) closed at $131.45 in the latest trading session, marking a -1.07% move from the prior day. This change lagged the S&P 500's daily gain of 0.08%. On the other hand, the Dow registered a loss of 0.26%, and the technology-centric Nasdaq increased by 0.36%.The the stock of engineered wood products and plywood company has risen by 2.79% in the past month, leading the Construction sector's loss of 2.24% and the S&P 500's gain of 2.4%.Investors will be eagerly watching for the performance of Bo ...
Boise Cascade to Invest Additional $140MM to Support EWP Growth Strategy
Businesswire· 2024-01-24 21:15
BOISE, Idaho--(BUSINESS WIRE)--Boise Cascade Company (“Boise Cascade” or the “Company”) (NYSE: BCC) today announced new investments in Alabama and Louisiana in support of its engineered wood products (EWP) growth strategy. In Alabama, the Company is adding I-joist production capabilities to its Thorsby EWP mill and converting a plywood layup line to a parallel laminated veneer line at the Chapman plywood facility. The Chapman investment adds to its important integration into the Company’s EWP growth plan ...
Should Value Investors Buy Boise Cascade (BCC) Stock?
Zacks Investment Research· 2024-01-24 15:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and ...
Why the Market Dipped But Boise Cascade (BCC) Gained Today
Zacks Investment Research· 2024-01-18 00:06
The most recent trading session ended with Boise Cascade (BCC) standing at $131.66, reflecting a +0.05% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily loss of 0.56%. Elsewhere, the Dow lost 0.25%, while the tech-heavy Nasdaq lost 0.59%.The the stock of engineered wood products and plywood company has risen by 6.68% in the past month, leading the Construction sector's loss of 1.43% and the S&P 500's gain of 1.2%.The upcoming earnings release of Boise ...
Boise Cascade announces retirement of senior executive Tom Hoffmann
Businesswire· 2024-01-15 16:45
BOISE, Idaho--(BUSINESS WIRE)--Boise Cascade Company (Boise Cascade) (NYSE: BCC) today announced the retirement of Tom Hoffmann, Senior Vice President of Purchasing, Building Materials Distribution (BMD) division, effective March 1, 2024. Tom joined Boise Cascade in 1981. He served in many key roles and leadership positions over the years, including Division Operations Manager, Pacific Region Manager, and Denver Branch Manager. Tom holds a bachelor’s degree in business with a dual major in management and m ...
Boise Cascade (BCC) Exceeds Market Returns: Some Facts to Consider
Zacks Investment Research· 2024-01-11 00:34
Boise Cascade (BCC) closed the most recent trading day at $130.82, moving +1.81% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.57%. Elsewhere, the Dow saw an upswing of 0.46%, while the tech-heavy Nasdaq appreciated by 0.75%.The engineered wood products and plywood company's shares have seen an increase of 16.67% over the last month, surpassing the Construction sector's gain of 4.97% and the S&P 500's gain of 3.4%.Market participants will be closely fo ...
Boise Cascade(BCC) - 2023 Q3 - Earnings Call Transcript
2023-10-31 18:41
Boise Cascade Company (NYSE:BCC) Q3 2023 Earnings Conference Call October 31, 2023 11:00 AM ET Company Participants Kelly Hibbs – Senior Vice President, Chief Financial Officer and Treasurer Nate Jorgensen – Chief Executive Officer Mike Brown – Head-Wood Products Operations Jeff Strom – Head-Building Materials Distribution Operations Conference Call Participants Susan Maklari – GS Kurt Yinger – D.A. Davidson Ketan Mamtora – BMO Michael Roxland – Truist Securities George Staphos – Bank of America Securities, ...
Boise Cascade(BCC) - 2023 Q3 - Earnings Call Presentation
2023-10-31 17:59
Disclaimer Forward-Looking Statements During the course of this presentation, we may make forward-looking statements or provide forward-looking information. All statements that address expectations or projections about the future are forward-looking statements. Some of these statements include words such as “expects,” “anticipates,” “believes,” “estimates,” “plans,” “intends,” “projects,” and “indicates.” Although they reflect our current expectations, these statements are not guarantees of future performan ...