Raymond James Comments on Canfor's FY2026 Earnings (TSE:CFP)

Canfor Co. (TSE:CFP - Free Report) - Stock analysts at Raymond James issued their FY2026 earnings per share (EPS) estimates for Canfor in a research note issued on Monday, October 21st. Raymond James analyst D. Swetlishoff expects that the company will earn $1.68 per share for the year. Raymond James has a "Strong-Buy" rating and a $28.00 price objective on the stock. The consensus estimate for Canfor's current full-year earnings is $0.40 per share.

Canfor (TSE:CFP - Get Free Report) last announced its quarterly earnings results on Thursday, July 25th. The company reported C($1.42) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.17) by C($1.25). The firm had revenue of C$1.38 billion for the quarter, compared to the consensus estimate of C$1.42 billion. Canfor had a negative net margin of 7.39% and a negative return on equity of 9.65%.

Other equities analysts also recently issued research reports about the company. Scotiabank cut their price objective on Canfor from C$20.00 to C$19.00 and set a "sector perform" rating for the company in a research report on Tuesday, July 30th. Royal Bank of Canada increased their price objective on shares of Canfor from C$18.00 to C$19.00 and gave the stock an "outperform" rating in a report on Monday, July 29th. TD Securities reduced their target price on shares of Canfor from C$20.00 to C$19.00 in a research report on Tuesday, July 23rd. BMO Capital Markets lowered their price target on shares of Canfor from C$22.00 to C$20.00 and set a "strong-buy" rating for the company in a report on Tuesday, July 23rd. Finally, CIBC upped their price objective on Canfor from C$17.00 to C$19.00 and gave the stock an "outperform" rating in a report on Monday, July 29th. One research analyst has rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Canfor has a consensus rating of "Buy" and an average target price of C$20.67.

Canfor Price Performance

Shares of TSE:CFP traded down C$0.28 during trading on Wednesday, reaching C$16.60. The stock had a trading volume of 139,882 shares, compared to its average volume of 197,711. The stock has a market capitalization of C$1.97 billion, a PE ratio of -4.95 and a beta of 2.08. The company has a debt-to-equity ratio of 11.97, a current ratio of 1.99 and a quick ratio of 2.14. Canfor has a 52 week low of C$13.41 and a 52 week high of C$19.30. The business's 50-day moving average price is C$15.71 and its 200 day moving average price is C$15.19.

About Canfor

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.