Brokers Issue Forecasts for George Weston FY2025 Earnings

George Weston Limited (TSE:WN - Free Report) - Desjardins increased their FY2025 earnings per share estimates for George Weston in a research report issued to clients and investors on Wednesday, February 26th. Desjardins analyst C. Li now anticipates that the company will post earnings of $13.55 per share for the year, up from their previous estimate of $13.48. Desjardins has a "Buy" rating and a $251.00 price objective on the stock. The consensus estimate for George Weston's current full-year earnings is $13.02 per share. Desjardins also issued estimates for George Weston's FY2025 earnings at $13.55 EPS, FY2026 earnings at $14.70 EPS and FY2026 earnings at $14.70 EPS.

Several other equities analysts also recently commented on the company. TD Securities upped their price objective on George Weston from C$242.00 to C$263.00 and gave the company a "buy" rating in a research note on Monday, November 18th. Royal Bank of Canada dropped their price target on George Weston from C$266.00 to C$264.00 and set an "outperform" rating on the stock in a research report on Thursday, February 27th. BMO Capital Markets increased their price target on George Weston from C$220.00 to C$221.50 in a research note on Wednesday, November 20th. CIBC lowered their price objective on George Weston from C$269.00 to C$268.00 and set an "outperform" rating on the stock in a research note on Thursday, February 27th. Finally, Scotiabank downgraded shares of George Weston from an "outperform" rating to a "sector perform" rating and upped their price objective for the company from C$240.00 to C$241.00 in a report on Thursday, February 27th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$251.42.

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George Weston Stock Performance

WN traded down C$1.05 during midday trading on Friday, reaching C$230.54. The company had a trading volume of 247,405 shares, compared to its average volume of 128,505. The business has a 50-day moving average price of C$223.51 and a two-hundred day moving average price of C$223.67. The company has a debt-to-equity ratio of 372.50, a quick ratio of 0.73 and a current ratio of 1.32. George Weston has a 12-month low of C$174.30 and a 12-month high of C$239.79. The stock has a market cap of C$29.93 billion, a PE ratio of 46.15, a P/E/G ratio of 5.03 and a beta of 0.42.

Insider Activity at George Weston

In other George Weston news, Senior Officer Rashid Wasti sold 250 shares of the company's stock in a transaction dated Friday, February 28th. The stock was sold at an average price of C$231.30, for a total value of C$57,825.00. Also, Senior Officer Richard Dufresne sold 10,000 shares of the firm's stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of C$230.80, for a total value of C$2,308,031.00. In the last three months, insiders have sold 10,400 shares of company stock worth $2,401,174. 59.41% of the stock is owned by company insiders.

About George Weston

George Weston is a holding company that operates through two subsidiaries encompassing retail and real estate. The first is Loblaw, the largest grocer in Canada, in which it has a 53% controlling stake. The second is Choice Properties, an open-ended real estate investment trust, where George Weston's ownership sits close to 62%.