Interfor (TSE:IFP - Get Free Report) is scheduled to announce its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of C($1.58) per share for the quarter.
Interfor (TSE:IFP - Get Free Report) last released its earnings results on Thursday, August 8th. The company reported C($1.47) earnings per share for the quarter, missing analysts' consensus estimates of C($1.17) by C($0.30). Interfor had a negative net margin of 11.26% and a negative return on equity of 20.18%. The firm had revenue of C$771.20 million for the quarter, compared to analysts' expectations of C$774.00 million.
Interfor Price Performance
IFP stock traded down C$0.15 during trading on Wednesday, reaching C$19.41. The company's stock had a trading volume of 106,426 shares, compared to its average volume of 162,319. The company has a quick ratio of 1.15, a current ratio of 2.02 and a debt-to-equity ratio of 62.31. The company's fifty day moving average is C$18.77 and its 200-day moving average is C$17.91. The company has a market capitalization of C$998.64 million, a P/E ratio of -2.83 and a beta of 2.54. Interfor has a 1 year low of C$15.35 and a 1 year high of C$26.00.
Analyst Ratings Changes
Several analysts recently issued reports on IFP shares. TD Securities downgraded Interfor from a "buy" rating to a "hold" rating and lifted their target price for the company from C$21.00 to C$23.00 in a research note on Friday, October 18th. Cibc World Mkts lowered shares of Interfor from a "strong-buy" rating to a "hold" rating in a research report on Thursday, July 18th. BMO Capital Markets decreased their price target on shares of Interfor from C$27.00 to C$24.00 and set a "strong-buy" rating on the stock in a research note on Tuesday, July 23rd. Raymond James upgraded Interfor from an "outperform" rating to a "strong-buy" rating and boosted their target price for the stock from C$26.00 to C$30.00 in a research report on Tuesday, October 22nd. Finally, Royal Bank of Canada lowered their target price on Interfor from C$27.00 to C$24.00 in a research report on Thursday, July 11th. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of C$24.00.
Check Out Our Latest Analysis on IFP
Interfor Company Profile
(
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Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally. It offers decking, fascia and board, framing, v-joint paneling, fineline paneling, and siding products, as well as appearance, structural, studs, timbers, and machine stress related products.
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