BCC Stock Summary and Trading Ideas (Boise Cascade L.L.C. | NYSE:BCC)

Boise Cascade Co is a producer of engineered wood products (EWP) and plywood. The firm operates in two segments namely Wood Products and Building Materials Distribution. Wood Products segment manufactures EWP, consisting of laminated veneer lumber (LVL), I-joists, and laminated beams. The Building Materials Distribution segment is engaged in the wholesale of building materials. It distributes products such as plywood, OSB, and lumber items such as siding, doors, metal products, insulation, and roofing, EWP and others. The company generates a majority of its revenue from the Building Material Distribution segment.

Boise Cascade L.L.C. trades on the NYSE stock market under the symbol BCC.

As of April 17, 2024, BCC stock price declined to $137.80 with 272,856 million shares trading.

BCC has a beta of 1.43, meaning it tends to be more sensitive to market movements. BCC has a correlation of 0.25 to the broad based SPY ETF.

BCC has a market cap of $5.45 billion. This is considered a Mid Cap stock.

Last quarter Boise Cascade L.L.C. reported $2 billion in Revenue and $2.44 earnings per share. This beat revenue expectation by $9 million and missed earnings estimates by -$.10.

In the last 3 years, BCC stock traded as high as $154.67 and as low as $46.51.

The top ETF exchange traded funds that BCC belongs to (by Net Assets): IJR, VTI, CALF, VB, IWM.

BCC has outperformed the market in the last year with a return of +119.3%, while the SPY ETF gained +22.5%. However, in the most recent history, BCC shares have underperformed the stock market with its stock returning +4.8% in the last 3 month period and -8.7% for the last 2 week period, while SPY has returned +6.3% and -3.6%, respectively.

BCC support price is $135.66 and resistance is $142.16 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BCC stock will trade within this expected range on the day.