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PotlatchDeltic CorporationPCH announced its merger with CatchMark Timber Trust, Inc., in an all-stock transaction. PCH inched up 0.4% on Sep 14, after the news release.
PotlatchDeltic presents a compelling investment opportunity with undervaluation and potential for earnings growth. Check out the analysis of PCH stock here.
PotlatchDeltic announced a merger in which it will buy CatchMark Timber Trust for 0.23 shares of PCH for each share of CTT. Read what to know about the deal.
The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, PCH has a P/B of 2.25.
PotlatchDeltic Corporation (NASDAQ:PCH) is a Real Estate Investment Trust that owns timberlands. On February 27, 2023, PotlatchDeltic Corporation (NASDAQ:PCH) stock closed at $46.38 per share.
Investors with an interest in Building Products - Wood stocks have likely encountered both Universal Forest Products (UFPI) and Potlatch (PCH). But which of these two stocks offers value investors ...