Western Forest Products Inc. (TSE:WEF - Free Report) - Analysts at Scotiabank reduced their FY2026 earnings estimates for shares of Western Forest Products in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst B. Isaacson now forecasts that the company will post earnings of $0.05 per share for the year, down from their previous estimate of $0.06. The consensus estimate for Western Forest Products' current full-year earnings is $0.00 per share.
Separately, TD Securities lowered their price target on Western Forest Products from C$0.55 to C$0.50 and set a "hold" rating for the company in a research note on Friday, November 8th.
Check Out Our Latest Analysis on Western Forest Products
Western Forest Products Stock Performance
TSE:WEF remained flat at C$0.43 on Friday. The company's stock had a trading volume of 223,125 shares, compared to its average volume of 374,351. The company has a quick ratio of 0.73, a current ratio of 2.97 and a debt-to-equity ratio of 18.43. The firm has a market capitalization of C$134.62 million, a PE ratio of -3.04, a price-to-earnings-growth ratio of 0.32 and a beta of 1.81. The business has a 50 day moving average of C$0.44 and a 200-day moving average of C$0.46. Western Forest Products has a 12-month low of C$0.39 and a 12-month high of C$0.72.
Western Forest Products (TSE:WEF - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The company reported C($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C($0.03) by C($0.03). The business had revenue of C$241.70 million during the quarter, compared to the consensus estimate of C$242.00 million. Western Forest Products had a negative net margin of 4.13% and a negative return on equity of 7.64%.
Western Forest Products Company Profile
(
Get Free Report)
Western Forest Products Inc is a Canada-based softwood forest products company. The company's principal business activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber remanufacturing. Its operating business segment comprised of Timber harvesting, Log sales, and Lumber manufacturing and sales.
Featured Articles
Before you consider Western Forest Products, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Western Forest Products wasn't on the list.
While Western Forest Products currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
