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Is Boise Cascade (BCC) a Great Value Stock Right Now?
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
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 to watch right now is Boise Cascade (BCC - Free Report) . BCC is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. The stock is trading with a P/E ratio of 10.90, which compares to its industry's average of 21.16. Over the last 12 months, BCC's Forward P/E has been as high as 25.07 and as low as 10.16, with a median of 14.37.
Investors will also notice that BCC has a PEG ratio of 1.06. 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 industry currently sports an average PEG of 1.23. BCC's PEG has been as high as 5.31 and as low as 0.88, with a median of 1.46, all within the past year.
Another notable valuation metric for BCC is its P/B ratio of 3.19. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 4.66. Over the past year, BCC's P/B has been as high as 3.19 and as low as 1.54, with a median of 2.26.
Finally, we should also recognize that BCC has a P/CF ratio of 10.04. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 29.64. Within the past 12 months, BCC's P/CF has been as high as 10.20 and as low as 5.64, with a median of 7.55.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Boise Cascade is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, BCC feels like a great value stock at the moment.
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Is Boise Cascade (BCC) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
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 to watch right now is Boise Cascade (BCC - Free Report) . BCC is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. The stock is trading with a P/E ratio of 10.90, which compares to its industry's average of 21.16. Over the last 12 months, BCC's Forward P/E has been as high as 25.07 and as low as 10.16, with a median of 14.37.
Investors will also notice that BCC has a PEG ratio of 1.06. 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 industry currently sports an average PEG of 1.23. BCC's PEG has been as high as 5.31 and as low as 0.88, with a median of 1.46, all within the past year.
Another notable valuation metric for BCC is its P/B ratio of 3.19. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 4.66. Over the past year, BCC's P/B has been as high as 3.19 and as low as 1.54, with a median of 2.26.
Finally, we should also recognize that BCC has a P/CF ratio of 10.04. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 29.64. Within the past 12 months, BCC's P/CF has been as high as 10.20 and as low as 5.64, with a median of 7.55.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Boise Cascade is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, BCC feels like a great value stock at the moment.