Q4 Earnings Forecast for TSE:CFX Issued By Scotiabank

Canfor Pulp Products Inc. (TSE:CFX - Free Report) - Stock analysts at Scotiabank issued their Q4 2024 earnings per share (EPS) estimates for Canfor Pulp Products in a report issued on Tuesday, October 29th. Scotiabank analyst B. Isaacson expects that the company will earn ($0.12) per share for the quarter. Scotiabank currently has a "Sector Perform" rating and a $1.50 target price on the stock. The consensus estimate for Canfor Pulp Products' current full-year earnings is $0.12 per share.

Other research analysts have also recently issued reports about the stock. Royal Bank of Canada reduced their target price on shares of Canfor Pulp Products from C$1.50 to C$1.25 in a research report on Thursday, July 11th. CIBC decreased their price objective on shares of Canfor Pulp Products from C$1.75 to C$1.25 in a research report on Thursday, July 18th. Finally, Raymond James lifted their target price on Canfor Pulp Products from C$1.75 to C$2.75 and gave the stock an "outperform" rating in a research report on Tuesday, July 23rd. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Canfor Pulp Products presently has an average rating of "Hold" and an average price target of C$1.70.

Canfor Pulp Products Stock Down 4.0 %

Canfor Pulp Products stock traded down C$0.04 during midday trading on Wednesday, hitting C$0.96. 32,442 shares of the company were exchanged, compared to its average volume of 20,274. The company has a debt-to-equity ratio of 32.11, a current ratio of 0.90 and a quick ratio of 0.73. Canfor Pulp Products has a fifty-two week low of C$0.80 and a fifty-two week high of C$2.01. The company's fifty day moving average price is C$0.92 and its 200-day moving average price is C$1.15. The company has a market cap of C$62.62 million, a PE ratio of -0.79, a price-to-earnings-growth ratio of -25.62 and a beta of 1.33.

Canfor Pulp Products Company Profile

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.