Boise Cascade traded at $76.61 this Wednesday June 24th, increasing $4.81 or 6.70 percent since the previous trading session. Looking back, over the last four weeks, Boise Cascade gained 12.50 percent. Over the last 12 months, its price fell by 12.48 percent. Looking ahead, we forecast Boise Cascade to be priced at 73.12 by the end of this quarter and at 68.70 in one year, according to Trading Economics global macro models projections and analysts expectations.
Boise Cascade Company is an integrated wood products manufacturer and building materials distributor with operations throughout the United States and one manufacturing facility in Canada. The Company is also a producer of engineered wood products (EWP) and plywood in North America. The Company operates through three segments: Wood Products, Building Materials Distribution, and Corporate and Other. The Company's products are used primarily in new residential construction, residential repair-and-remodeling projects, light commercial construction and industrial applications. The Company manufactures laminated veneer lumber (LVL), I-joists, and laminated beams, which are referred to as EWP. The Company's Building Materials Distribution segment sells a range of building materials, including OSB, plywood and lumber (collectively commodities). The Company's subsidiaries include Boise Cascade Wood Products, L.L.C. and Boise Cascade Building Materials Distribution, L.L.C.