Canfor Pulp Products Inc. (TSE:CFX - Free Report) - Investment analysts at Scotiabank boosted their FY2024 earnings per share estimates for Canfor Pulp Products in a research note issued on Tuesday, October 29th. Scotiabank analyst B. Isaacson now anticipates that the company will earn ($0.29) per share for the year, up from their previous estimate of ($0.44). Scotiabank has a "Sector Perform" rating and a $1.50 price target on the stock. The consensus estimate for Canfor Pulp Products' current full-year earnings is $0.12 per share. Scotiabank also issued estimates for Canfor Pulp Products' FY2025 earnings at ($0.08) EPS and FY2026 earnings at ($0.13) EPS.
CFX has been the subject of a number of other research reports. Royal Bank of Canada lowered their price target on Canfor Pulp Products from C$1.50 to C$1.25 in a research report on Thursday, July 11th. Raymond James upped 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. Finally, CIBC decreased their target price on Canfor Pulp Products from C$1.75 to C$1.25 in a research report on Thursday, July 18th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of C$1.70.
Read Our Latest Report on Canfor Pulp Products
Canfor Pulp Products Trading Up 2.1 %
CFX stock traded up C$0.02 during trading on Thursday, reaching C$0.98. 9,050 shares of the stock traded hands, compared to its average volume of 20,220. The business's 50 day moving average price is C$0.93 and its 200-day moving average price is C$1.15. Canfor Pulp Products has a 52-week low of C$0.80 and a 52-week high of C$2.01. The company has a debt-to-equity ratio of 32.11, a current ratio of 0.90 and a quick ratio of 0.73. The firm has a market capitalization of C$63.93 million, a PE ratio of -0.79, a P/E/G ratio of -25.62 and a beta of 1.33.
Canfor Pulp Products Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Canfor Pulp 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 Canfor Pulp Products wasn't on the list.
While Canfor Pulp Products currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
