FY2025 Earnings Forecast for Canfor Issued By Raymond James

Canfor Co. (TSE:CFP - Free Report) - Research analysts at Raymond James decreased their FY2025 earnings per share (EPS) estimates for shares of Canfor in a research report issued on Monday, February 3rd. Raymond James analyst D. Swetlishoff now forecasts that the company will earn ($0.94) per share for the year, down from their prior forecast of ($0.58). The consensus estimate for Canfor's current full-year earnings is $0.40 per share.

Several other equities research analysts have also recently issued reports on the stock. Royal Bank of Canada decreased their target price on shares of Canfor from C$21.00 to C$19.00 and set an "outperform" rating on the stock in a research report on Friday, December 20th. Scotiabank lowered shares of Canfor from a "hold" rating to a "strong sell" rating in a report on Monday, February 3rd. TD Securities dropped their price objective on Canfor from C$22.00 to C$21.00 and set a "buy" rating for the company in a report on Tuesday, October 29th. CIBC cut their target price on Canfor from C$21.00 to C$19.00 in a research report on Wednesday, January 15th. Finally, BMO Capital Markets downgraded Canfor from an "outperform" rating to a "market perform" rating in a research report on Friday, December 6th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of C$20.33.

Canfor Trading Up 1.6 %

TSE:CFP traded up C$0.23 during mid-day trading on Thursday, reaching C$15.03. The company's stock had a trading volume of 69,039 shares, compared to its average volume of 152,551. The company has a debt-to-equity ratio of 11.97, a current ratio of 1.99 and a quick ratio of 2.14. The stock has a market cap of C$1.78 billion, a P/E ratio of -4.46 and a beta of 2.08. The company's fifty day simple moving average is C$15.49 and its two-hundred day simple moving average is C$15.85. Canfor has a twelve month low of C$13.53 and a twelve month high of C$18.38.

Canfor Company Profile

Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates in two segments, Lumber, and Pulp and Paper. The company manufactures and sells softwood lumber, remanufactured lumber products, engineered wood, and other lumber-related products, as well as wood chips and pellets; and generates green energy.