Western Forest Products Inc. (TSE:WEF - Free Report) - Investment analysts at Raymond James issued their FY2026 earnings estimates for shares of Western Forest Products in a research report issued to clients and investors on Monday, October 21st. Raymond James analyst D. Swetlishoff expects that the company will post earnings of ($0.07) per share for the year. The consensus estimate for Western Forest Products' current full-year earnings is $0.00 per share.
Several other equities analysts also recently commented on WEF. CIBC dropped their price target on shares of Western Forest Products from C$0.60 to C$0.50 in a research note on Thursday, July 18th. Royal Bank of Canada reduced their price target on shares of Western Forest Products from C$0.80 to C$0.70 in a research report on Thursday, July 11th. Finally, TD Securities dropped their target price on Western Forest Products from C$0.60 to C$0.50 in a report on Tuesday, July 23rd.
Read Our Latest Research Report on WEF
Western Forest Products Trading Down 2.0 %
Shares of TSE WEF traded down C$0.01 during trading on Wednesday, reaching C$0.50. The stock had a trading volume of 872,976 shares, compared to its average volume of 367,939. The company has a market cap of C$158.38 million, a P/E ratio of -3.57, a PEG ratio of 0.32 and a beta of 1.81. The company has a debt-to-equity ratio of 18.43, a quick ratio of 0.73 and a current ratio of 2.97. The business's 50-day moving average price is C$0.48 and its 200-day moving average price is C$0.49. Western Forest Products has a fifty-two week low of C$0.41 and a fifty-two week high of C$0.81.
Western Forest Products (TSE:WEF - Get Free Report) last announced its earnings results on Wednesday, July 31st. The company reported C($0.01) earnings per share for the quarter, topping the consensus estimate of C($0.03) by C$0.02. Western Forest Products had a negative net margin of 4.13% and a negative return on equity of 7.64%. The company had revenue of C$309.50 million during the quarter, compared to analyst estimates of C$258.00 million.
Western Forest Products Company Profile
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Western Forest Products Inc operates as an integrated softwoods forest products company in Canada, the United States, Japan, China, Europe, and internationally. It is involved in timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber.
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