Shares of West Fraser Timber Co. Ltd. (TSE:WFG - Get Free Report) fell 0.8% during mid-day trading on Friday . The company traded as low as C$130.46 and last traded at C$132.88. 185,545 shares changed hands during trading, an increase of 15% from the average session volume of 160,868 shares. The stock had previously closed at C$133.96.
West Fraser Timber Price Performance
The stock's fifty day moving average price is C$132.48 and its 200-day moving average price is C$120.00. The company has a debt-to-equity ratio of 7.39, a current ratio of 2.33 and a quick ratio of 2.10. The firm has a market cap of C$10.38 billion, a price-to-earnings ratio of 58.28 and a beta of 2.03.
West Fraser Timber (TSE:WFG - Get Free Report) last released its earnings results on Wednesday, October 23rd. The company reported C($1.41) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C($0.62) by C($0.79). West Fraser Timber had a net margin of 2.21% and a return on equity of 1.98%. The business had revenue of C$1.96 billion during the quarter, compared to analysts' expectations of C$2.01 billion. Equities research analysts predict that West Fraser Timber Co. Ltd. will post 8.1184776 EPS for the current fiscal year.
West Fraser Timber Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 11th. Shareholders of record on Thursday, September 26th were given a dividend of $0.32 per share. The ex-dividend date was Thursday, September 26th. This represents a $1.28 dividend on an annualized basis and a yield of 0.96%. West Fraser Timber's payout ratio is presently 75.88%.
About West Fraser Timber
(
Get Free Report)
West Fraser Timber Co Ltd., a diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals and renewable energy. It offers spruce-pine-fir, douglas fir-larch, hem-fir, and southern yellow pine lumber, treated wood products, medium density fiberboard panels and plywood, oriented strand board, and laminated veneer lumber wood products, as well as particleboards.
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