FMP
Nov 05, 2024
Boise Cascade Company, listed as NYSE:BCC, is a leading manufacturer and distributor of building materials. The company operates in a competitive market, providing products such as engineered wood, plywood, and lumber. BCC competes with other industry players like Weyerhaeuser and Georgia-Pacific, striving to maintain its market position through efficient operations and strategic growth.
On November 4, 2024, BCC reported earnings per share (EPS) of $2.33, slightly above the estimated $2.32. However, this performance fell short of the Zacks Consensus Estimate of $2.37 per share, as highlighted by Zacks. This represents a decline from the previous year's EPS of $3.58, indicating a challenging year-over-year comparison.
The company generated revenue of approximately $1.71 billion, just below the estimated $1.72 billion. This revenue figure also marks a decrease from the third quarter of 2023, where BCC achieved sales of $1.8 billion. Despite operating in a moderate demand environment, BCC managed to deliver solid financial results, with a net income of $91 million for the quarter.
BCC's financial metrics provide further insight into its performance. The company has a price-to-earnings (P/E) ratio of 12.88, suggesting how the market values its earnings. The price-to-sales ratio is 0.77, indicating the market's valuation of its sales. Additionally, the enterprise value to sales ratio is 0.84, reflecting the company's total valuation in relation to its sales.
The enterprise value to operating cash flow ratio stands at 11.26, showing how the company's cash flow is valued relative to its enterprise value. BCC's earnings yield is approximately 7.76%, offering insight into the earnings generated from each dollar invested in the stock. With a debt-to-equity ratio of 0.24, BCC maintains a relatively low level of debt compared to its equity, highlighting its financial stability.
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