Canfor Pulp Products Inc. (TSE:CFX - Free Report) - Analysts at Scotiabank boosted their Q4 2024 earnings estimates for shares of Canfor Pulp Products in a research report issued on Tuesday, January 21st. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings per share of ($0.09) for the quarter, up from their prior estimate of ($0.12). The consensus estimate for Canfor Pulp Products' current full-year earnings is $0.12 per share.
Separately, Royal Bank of Canada decreased their price objective on Canfor Pulp Products from C$1.25 to C$1.00 and set a "sector perform" rating on the stock in a report on Friday, December 20th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, Canfor Pulp Products presently has a consensus rating of "Hold" and a consensus price target of C$1.65.
View Our Latest Research Report on CFX
Canfor Pulp Products Price Performance
Shares of TSE:CFX traded down C$0.01 during trading on Thursday, reaching C$0.82. The stock had a trading volume of 18,000 shares, compared to its average volume of 11,353. The company has a debt-to-equity ratio of 32.11, a quick ratio of 0.73 and a current ratio of 0.90. Canfor Pulp Products has a 1-year low of C$0.67 and a 1-year high of C$1.83. The stock has a market cap of C$53.49 million, a PE ratio of -0.67, a PEG ratio of -25.62 and a beta of 1.33. The business has a fifty day moving average price of C$0.82 and a 200-day moving average price of C$0.90.
Canfor Pulp Products (TSE:CFX - Get Free Report) last posted its quarterly earnings data on Friday, October 25th. The company reported C($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of C($0.10) by C$0.07. Canfor Pulp Products had a negative return on equity of 16.16% and a negative net margin of 6.98%. During the same period in the previous year, the business posted ($0.55) EPS.
About Canfor Pulp Products
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Canfor Pulp Products Inc, together with its subsidiaries, produces and supplies pulp and paper products in Canada, Europe, Asia, the United States, and internationally. It operates in two segments, Pulp and Paper. The company offers solid wood; bleached and unbleached softwood kraft pulps; and bleached, unbleached, and colored kraft papers.
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