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Is Boise Cascade (BCC) Stock Undervalued Right Now?
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While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One company value investors might notice is Boise Cascade (BCC - Free Report) . BCC is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock holds a P/E ratio of 14.10, while its industry has an average P/E of 24.69. Over the last 12 months, BCC's Forward P/E has been as high as 16.13 and as low as 10.09, with a median of 13.13.
Investors will also notice that BCC has a PEG ratio of 1.78. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. BCC's PEG compares to its industry's average PEG of 3.32. BCC's PEG has been as high as 2.50 and as low as 0.92, with a median of 1.89, all within the past year.
Another valuation metric that we should highlight is BCC's P/B ratio of 1.63. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 2.47. Within the past 52 weeks, BCC's P/B has been as high as 2.29 and as low as 1.15, with a median of 1.56.
Finally, we should also recognize that BCC has a P/CF ratio of 9.46. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. BCC's current P/CF looks attractive when compared to its industry's average P/CF of 34.38. BCC's P/CF has been as high as 9.88 and as low as 4.24, with a median of 6.65, all within the past year.
These are just a handful of the figures considered in Boise Cascade's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that BCC is an impressive value stock right now.
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Is Boise Cascade (BCC) Stock Undervalued Right Now?
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One company value investors might notice is Boise Cascade (BCC - Free Report) . BCC is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock holds a P/E ratio of 14.10, while its industry has an average P/E of 24.69. Over the last 12 months, BCC's Forward P/E has been as high as 16.13 and as low as 10.09, with a median of 13.13.
Investors will also notice that BCC has a PEG ratio of 1.78. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. BCC's PEG compares to its industry's average PEG of 3.32. BCC's PEG has been as high as 2.50 and as low as 0.92, with a median of 1.89, all within the past year.
Another valuation metric that we should highlight is BCC's P/B ratio of 1.63. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 2.47. Within the past 52 weeks, BCC's P/B has been as high as 2.29 and as low as 1.15, with a median of 1.56.
Finally, we should also recognize that BCC has a P/CF ratio of 9.46. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. BCC's current P/CF looks attractive when compared to its industry's average P/CF of 34.38. BCC's P/CF has been as high as 9.88 and as low as 4.24, with a median of 6.65, all within the past year.
These are just a handful of the figures considered in Boise Cascade's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that BCC is an impressive value stock right now.