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 December 12, 2024, PCH stock price declined to $43.49 with 135,721 million shares trading.

PCH has a beta of 0.64, meaning it tends to be less sensitive to market movements. PCH has a correlation of 0.12 to the broad based SPY ETF.

PCH has a market cap of $3.43 billion. This is considered a Mid Cap stock.

Last quarter Potlatchdeltic reported $255 million in Revenue and $.04 earnings per share. This beat revenue expectation by $14 million and exceeded earnings estimates by $.10.

In the last 3 years, PCH traded as high as $61.51 and as low as $37.06.

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

PCH has underperformed the market in the last year with a price return of +0.4% while the SPY ETF gained +32.5%. PCH has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +3.3% and -3.0%, respectively, while the SPY returned +9.5% and +1.1%, respectively.

PCH support price is $43.09 and resistance is $44.53 (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 shares will trade within this expected range on the day.