Canfor Pulp Products (TSE:CFX - Get Free Report) is scheduled to be releasing its earnings data before the market opens on Monday, October 28th. Analysts expect Canfor Pulp Products to post earnings of C($0.14) per share for the quarter.
Canfor Pulp Products (TSE:CFX - Get Free Report) last issued its earnings results on Thursday, July 25th. The company reported C($0.10) EPS for the quarter, missing analysts' consensus estimates of C($0.05) by C($0.05). Canfor Pulp Products had a negative net margin of 6.98% and a negative return on equity of 16.16%. The business had revenue of C$220.00 million during the quarter, compared to analysts' expectations of C$229.00 million.
Canfor Pulp Products Stock Up 1.1 %
Canfor Pulp Products stock traded up C$0.01 during trading on Monday, reaching C$0.92. 11,752 shares of the company's stock were exchanged, compared to its average volume of 19,273. Canfor Pulp Products has a 52-week low of C$0.80 and a 52-week high of C$2.01. The firm has a market cap of C$60.01 million, a price-to-earnings ratio of -0.75, a PEG ratio of -25.62 and a beta of 1.33. The company has a debt-to-equity ratio of 32.11, a quick ratio of 0.73 and a current ratio of 0.90. The company's 50-day moving average is C$0.91 and its two-hundred day moving average is C$1.18.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on CFX shares. Royal Bank of Canada decreased their target price on Canfor Pulp Products from C$1.50 to C$1.25 in a research report on Thursday, July 11th. Raymond James upped their price target on Canfor Pulp Products from C$1.75 to C$2.75 and gave the stock an "outperform" rating in a report on Tuesday, July 23rd. Scotiabank dropped their price objective on shares of Canfor Pulp Products from C$2.00 to C$1.50 and set a "sector perform" rating on the stock in a research note on Tuesday, July 30th. Finally, CIBC reduced their target price on shares of Canfor Pulp Products from C$1.75 to C$1.25 in a research report on Thursday, July 18th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of C$1.70.
View Our Latest Research Report on Canfor Pulp Products
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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