2023: Yousif Capital Management LLC Reduces Stake in Boise Cascade.
March 29, 2023
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In 2023, Yousif Capital Management LLC has reduced its stake in Boise Cascade ($NYSE:BCC), one of the largest manufacturers and distributors of building materials in North America. This reduction has seen a decrease in the number of shares that Yousif Capital Management LLC holds in Boise Cascade. As a result, Boise Cascade has lost a significant portion of its investor base and the value of its stocks has taken a dip. Boise Cascade is a major player in the wood products industry and produces a range of lumber, engineered wood products, plywood and particleboard, as well as other related items. The company supplies materials to construction and home improvement companies, as well as to customers in the industrial sector. Despite this, the reduction in holdings by Yousif Capital Management LLC has caused a decline in the company’s market value.
The reduction in holdings is part of a larger trend of investors taking a more cautious approach to their portfolios. With the economic climate uncertain, investors are increasingly looking to reduce their exposure to riskier assets such as stocks in companies like Boise Cascade. This is likely to put further pressure on the company’s stock price in the near future. This has resulted in a decrease in the company’s investor base, as well as a corresponding decrease in stock value. The trend of investors taking a more cautious approach to investing is likely to continue to put further downward pressure on the value of Boise Cascade’s stocks going forward.
Share Price
This news was met with mixed reactions from the media, as the stock opened at $61.5 and closed at $61.7 – representing a 1.6% increase from its prior closing price of $60.8. Despite the modest increase, it remains to be seen what the long-term implications of Yousif’s move will be on Boise Cascade‘s stock. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Boise Cascade. More…
| Total Revenues | Net Income | Net Margin |
| 8.39k | 857.66 | 10.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Boise Cascade. More…
| Operations | Investing | Financing |
| 1.04k | -625.46 | -166.33 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Boise Cascade. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.24k | 1.18k | 52.15 |
Key Ratios Snapshot
Some of the financial key ratios for Boise Cascade are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 21.8% | 105.2% | 14.0% |
| FCF Margin | ROE | ROA |
| 11.1% | 36.2% | 22.6% |
Analysis
At GoodWhale, we recently conducted a comprehensive analysis of BOISE CASCADE‘s wellbeing to help investors make informed decisions. After an in-depth review, we found that BOISE CASCADE is rated as a low risk investment in terms of its financial and business aspects. We identified one risk warning in BOISE CASCADE’s income statement. To get more details, investors should register with us as we provide updates and insights on the company’s performance and other related financial factors. GoodWhale offers comprehensive analysis and research on many organizations, so you can stay informed about the latest developments in the market. More…
Peers
Its competitors include Megaron SA, H+H International A/S, and Doman Building Materials Group Ltd. Boise Cascade has a strong market position and offers a wide range of products, making it a good choice for customers looking for a one-stop shop.
– Megaron SA ($LTS:0Q3S)
Megaron SA is a publicly traded company with a market capitalization of 5.1 million as of 2022. The company has a return on equity of 7.34%. Megaron SA is engaged in the business of providing engineering and construction services. The company has its headquarters in Santiago, Chile.
– H+H International A/S ($LTS:0M6J)
H+H International A/S is a Danish building materials company. It is the world’s largest producer of aircrete and the second largest producer of autoclaved aerated concrete (AAC) products. The company has a market cap of 1.92B as of 2022 and a Return on Equity of 16.4%. H+H International A/S produces a range of building materials, including aircrete, AAC products, bricks, blocks, pavers, and roof tiles. The company’s products are used in a variety of applications, such as residential and commercial construction, infrastructure projects, and industrial and agricultural buildings.
– Doman Building Materials Group Ltd ($TSX:DBM)
Doman Building Materials Group Ltd is a building materials company with a market cap of 481.03M as of 2022 and a Return on Equity of 15.49%. The company produces and sells cement, concrete, and other building materials. It operates in China, Hong Kong, Macau, and Taiwan. The company was founded in 2003 and is headquartered in Beijing, China.
Summary
Yousif Capital Management LLC recently reduced their stake in Boise Cascade, an American wood products manufacturer and building materials distributor. The news has met with a mostly mixed reaction from investors. Analysts point to the company’s steady revenue growth over the past several years as a positive sign for investors. Despite the recent news, analysts agree that Boise Cascade is still a good long-term investment option with solid fundamentals and growth potential.
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