Federated Hermes Completes Sale of 93805 Shares of Boise Cascade
January 1, 2023
Trending News ☀️
Boise Cascade ($NYSE:BCC) is an American company that specializes in producing building materials and services. It is one of the largest manufacturers of engineered wood products, plywood, and lumber in North America. Recently, Federated Hermes Inc. has announced the completion of the sale of 93805 shares of Boise Cascade. The sale was conducted in order to meet the company’s long-term objectives and to free up cash for other investments. This move is seen as a positive step for the company, as it will allow them to focus on growing their business in other areas. Boise Cascade’s stock has been volatile over the past few months, but this sale could help the stock in the long run. This could potentially lead to increased stock value over time, as well as more liquidity for investors.
This sale could also be beneficial for the company as it could help them pay down some of their debt. In addition to the sale of 93805 shares, Boise Cascade has also announced plans to increase its dividend by 10 percent beginning in 2021. This increase could potentially attract new investors to the company and help to increase the stock’s value even further. Overall, this sale of 93805 shares of Boise Cascade is seen as a positive move for the company and its investors. This move could potentially lead to increased stock value and liquidity for investors, as well as increased dividends for shareholders. It remains to be seen how this sale will affect Boise Cascade’s stock in the long run, but it is a positive step for the company and its investors.
Share Price
The stock opened at $71.2 and closed at $70.8, down 0.2% from the previous closing price of 70.9. Media sentiment towards the sale has been mostly positive, with analysts noting that it could be a sign of a healthy market for Boise Cascade. Boise Cascade is well-known for its wood products and services, which are used in a variety of industries including furniture, construction, and home improvement. It also manufactures and distributes products such as paper, packaging, and insulation and operates forestry, lumber, and particleboard mills throughout the United States and Canada.
Boise Cascade has been increasing its presence in the building materials industry through acquisitions, investments, and strategic partnerships. These moves have allowed the company to expand its product portfolio, increase its market share, and stay competitive in a rapidly changing industry. With its strong financial position, experienced management team, and robust product portfolio, Boise Cascade is well-positioned to continue its success for many years to come. 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 |
| 8.54k | 909.37 | 10.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Boise Cascade. More…
| Operations | Investing | Financing |
| 954.02 | -630.38 | -243.46 |
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 |
| 3.35k | 1.37k | 50.27 |
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 |
| 22.8% | 169.3% | 14.5% |
| FCF Margin | ROE | ROA |
| 9.8% | 41.2% | 23.1% |
VI Analysis
Investors interested in companies with a strong competitive advantage and a high health score should consider BOISE CASCADE. The VI Star Chart gives the company a health score of 10/10 for its cash flows and debt, indicating that it has the potential to sustain future operations in times of crisis. BOISE CASCADE is classified as a ‘gorilla’ company due to its stable and high revenue or earning growth. This is reflected in the company’s fundamentals, which show that it has strong assets, dividends and growth, as well as medium profitability. Investors looking for a long-term investment with a high chance of success should consider BOISE CASCADE. The company’s strong competitive advantage, coupled with its high health score, makes it an attractive option for investors who want to reduce risk while still gaining a solid return on their investment. BOISE CASCADE’s fundamentals are indicative of its long-term potential and make it an ideal target for investors who want to diversify their portfolios. More…
VI 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
Investing in Boise Cascade can be a beneficial decision for many investors. The company has a history of success and is one of the largest wood product manufacturers in North America. Boise Cascade has an impressive portfolio of products, ranging from lumber to engineered wood products, as well as a wide range of value-added services. Boise Cascade’s stock has been performing well in recent years and has seen steady increases in dividend payments over the past few years. The company also has a strong balance sheet and is well positioned to take advantage of the growing demand for wood products. The company has taken steps to diversify its business by making investments in other areas such as construction materials, office products, and industrial products.
This could potentially open up new opportunities for growth and increase the company’s profitability. Boise Cascade is also a leader in sustainable forestry, which can help investors feel better about their investment as the company is committed to protecting the environment. The company is also committed to providing its customers with quality products. The company also has a strong focus on innovation, which could provide investors with additional potential upside in the future. With its strong financials, diverse product line, commitment to sustainability, and focus on innovation, Boise Cascade is an attractive investment opportunity for many investors.
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