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West Fraser Timber (WFG) Stock Price, News & Analysis

West Fraser Timber logo
$93.44 +0.98 (+1.06%)
(As of 11/20/2024 ET)

About West Fraser Timber Stock (NYSE:WFG)

Key Stats

Today's Range
$91.80
$94.47
50-Day Range
$88.22
$101.16
52-Week Range
$72.35
$102.40
Volume
185,678 shs
Average Volume
152,359 shs
Market Capitalization
$7.50 billion
P/E Ratio
N/A
Dividend Yield
1.02%
Price Target
$111.60
Consensus Rating
Buy

Company Overview

West Fraser Timber Co. Ltd., a diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals and renewable energy. It offers spruce-pine-fir, douglas fir-larch, hem-fir, and southern yellow pine lumber, treated wood products, medium density fiberboard panels and plywood, oriented strand board, and laminated veneer lumber wood products, as well as particleboards. The company also provides northern bleached softwood Kraft pulp and bleached chemical thermo-mechanical pulp used to produce various paper products, including printing and writing papers, paperboard products, tissue and towel products, and a variety of other paper grades. Further, it offers bioproducts, including bioenergy and biomaterial. Its products are used in home construction, repair and remodeling, papers, tissue, and box materials, and industrial applications. The company sells its products to major retail chains, contractor supply yards, and wholesalers, as well as industrial customers for further processing or as components for other products in Canada, the United States, the United Kingdom, Europe, and internationally. West Fraser Timber Co. Ltd. was founded in 1955 and is headquartered in Vancouver, Canada.

West Fraser Timber Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
71st Percentile Overall Score

WFG MarketRank™: 

West Fraser Timber scored higher than 71% of companies evaluated by MarketBeat, and ranked 89th out of 193 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    West Fraser Timber has received a consensus rating of Buy. The company's average rating score is 3.20, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    West Fraser Timber has only been the subject of 2 research reports in the past 90 days.

  • Read more about West Fraser Timber's stock forecast and price target.
  • Earnings Growth

    Earnings for West Fraser Timber are expected to grow by 507.37% in the coming year, from $0.95 to $5.77 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of West Fraser Timber is -73.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of West Fraser Timber is -73.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    West Fraser Timber has a P/B Ratio of 1.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about West Fraser Timber's valuation and earnings.
  • Percentage of Shares Shorted

    1.41% of the float of West Fraser Timber has been sold short.
  • Short Interest Ratio / Days to Cover

    West Fraser Timber has a short interest ratio ("days to cover") of 5.2.
  • Change versus previous month

    Short interest in West Fraser Timber has recently decreased by 13.13%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    West Fraser Timber pays a meaningful dividend of 1.03%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    West Fraser Timber does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, West Fraser Timber will have a dividend payout ratio of 16.46% next year. This indicates that West Fraser Timber will be able to sustain or increase its dividend.

  • Read more about West Fraser Timber's dividend.
  • Percentage of Shares Shorted

    1.41% of the float of West Fraser Timber has been sold short.
  • Short Interest Ratio / Days to Cover

    West Fraser Timber has a short interest ratio ("days to cover") of 5.2.
  • Change versus previous month

    Short interest in West Fraser Timber has recently decreased by 13.13%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    West Fraser Timber has a news sentiment score of 1.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for West Fraser Timber this week, compared to 3 articles on an average week.
  • Search Interest

    1 people have searched for WFG on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 2 people have added West Fraser Timber to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, West Fraser Timber insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.77% of the stock of West Fraser Timber is held by insiders.

  • Percentage Held by Institutions

    40.23% of the stock of West Fraser Timber is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about West Fraser Timber's insider trading history.
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WFG Stock News Headlines

West Fraser Timber price target raised to $120 from $100 at Scotiabank
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West Fraser Announces Third Quarter 2024 Results
Notice of Third Quarter Results Conference Call
See More Headlines

WFG Stock Analysis - Frequently Asked Questions

West Fraser Timber's stock was trading at $85.58 on January 1st, 2024. Since then, WFG shares have increased by 9.2% and is now trading at $93.44.
View the best growth stocks for 2024 here
.

West Fraser Timber Co. Ltd. (NYSE:WFG) announced its quarterly earnings data on Wednesday, October, 23rd. The company reported ($1.03) EPS for the quarter, missing analysts' consensus estimates of ($0.16) by $0.87. The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.45 billion. West Fraser Timber had a positive trailing twelve-month return on equity of 0.53% and a negative net margin of 1.53%.

Top institutional shareholders of West Fraser Timber include FMR LLC (1.80%), Thrivent Financial for Lutherans (1.17%), Vontobel Holding Ltd. (0.73%) and Charles Schwab Investment Management Inc. (0.38%).

Shares of WFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that West Fraser Timber investors own include Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Pfizer (PFE), Caterpillar (CAT) and PayPal (PYPL).

Company Calendar

Ex-Dividend for 10/11 Dividend
9/26/2024
Dividend Payable
10/11/2024
Last Earnings
10/23/2024
Today
11/21/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/12/2025

Industry, Sector and Symbol

Industry
Sawmills & planing mills, general
Sub-Industry
Construction Materials
Fax
N/A
Employees
10,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$111.60
High Stock Price Target
$120.00
Low Stock Price Target
$100.00
Potential Upside/Downside
+19.4%
Consensus Rating
Buy
Rating Score (0-4)
3.20
Research Coverage
5 Analysts

Profitability

Net Income
$-167,000,000.00
Pretax Margin
-1.96%

Debt

Sales & Book Value

Annual Sales
$6.45 billion
Cash Flow
$8.12 per share
Book Value
$88.70 per share

Miscellaneous

Free Float
78,826,000
Market Cap
$7.50 billion
Optionable
Not Optionable
Beta
1.18
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This page (NYSE:WFG) was last updated on 11/21/2024 by MarketBeat.com Staff
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