Boise Cascade: DA Davidson maintains a 'Buy' Rating, The Target Price is $100

DA Davidson maintains 'Buy' rating on Boise Cascade(BCC).

The target price is $100, compare with $115 previously.

[Recent Rating]

Date	Agency	Change	Rating	Rating （previously）	Target Price	Target Price（previously）
2025-07-18	DA Davidson	Maintains	Buy	Buy	$100	$115
2025-07-09	B of A Securities	Maintains	Buy	Buy	$107	$111
2025-07-08	Truist Securities	Maintains	Buy	Buy	$106	$114

[Recent Earning Results] Boise Cascade posted the Q1 of its 2025 financial results on 5/5/2025, reporting total revenue of USD 1536.49 million in the first quarter, down 6.62% from USD 1645.42 million year over year, reporting net income of USD 40.35 million in the first quarter, down 61.25% from USD 104.12 million year over year.

[Company Profile] Boise Cascade Company is a building products company headquartered in Boise, Idaho. The company's operations began on October 29, 2004 (inception), when the company acquired the forest products and paper assets of OfficeMax (the Forest Products Acquisition). Boise Cascade was 100% owned by Boise Cascade Holdings, L.L.C. (BC Holdings). The company is a leading U.S. wholesale distributor of building products and one of the largest producers of engineered wood products (EWP) and plywood in North America. The company operates its business using three reportable segments: (1) Building Materials Distribution, which is a wholesale distributor of building materials, (2) Wood Products, which manufactures and sells EWP, plywood, studs, particleboard, and ponderosa pine lumber, and (3) Corporate and Other, which includes corporate support staff services, related assets and liabilities, and foreign exchange gains and losses.The company's broad line of products is used primarily in new residential construction, residential repair-and-remodeling projects, light commercial construction, and industrial applications.