PCH Stock Summary and Trading Ideas (Potlatchdeltic | NASDAQ:PCH)

PotlatchDeltic Corp is a REIT that owns and manages forestland in Alabama, Arkansas, Idaho, Minnesota, and Mississippi. Potlach operates in three segments. The timberlands segment covers the planting and harvesting of trees, as well as the construction and maintenance of roads. The wood products segment manufactures and distributes lumber, plywood, and other wood products. The real estate segment covers the sales generated from company-owned timberlands, as well as commercial and residential properties. The timberlands and the wood product segments combined drive the majority of the company's revenue.

Potlatchdeltic trades on the NASDAQ stock market under the symbol PCH.

As of May 13, 2024, PCH stock price climbed to $44.03 with 338,843 million shares trading.

PCH has a beta of 1.35, meaning it tends to be more sensitive to market movements. PCH has a correlation of 0.42 to the broad based SPY ETF.

PCH has a market cap of $3.50 billion. This is considered a Mid Cap stock.

Last quarter Potlatchdeltic reported $228 million in Revenue and $.00 earnings per share. This fell short of revenue expectation by $-1 million and missed earnings estimates by -$.01.

In the last 3 years, PCH stock traded as high as $63.12 and as low as $39.10.

The top ETF exchange traded funds that PCH belongs to (by Net Assets): VNQ, VTI, IJH, VB, IWM.

PCH has underperformed the market in the last year with a return of -4.6%, while the SPY ETF gained +27.8%. In the last 3 month period, PCH fell short of the market, returning -0.6%, while SPY returned +4.3%. However, in the most recent 2 weeks PCH has outperformed the stock market by returning +7.3%, while SPY returned +2.5%.

PCH support price is $42.43 and resistance is $43.91 (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 PCH stock will trade within this expected range on the day.