Q4 Earnings Estimate for Interfor Issued By Scotiabank

Interfor Co. (TSE:IFP - Free Report) - Equities research analysts at Scotiabank issued their Q4 2024 earnings per share estimates for Interfor in a research note issued to investors on Monday, November 11th. Scotiabank analyst B. Isaacson forecasts that the company will post earnings of ($0.97) per share for the quarter. Scotiabank currently has a "Outperform" rating and a $24.00 target price on the stock. The consensus estimate for Interfor's current full-year earnings is $2.86 per share.

Several other analysts have also commented on IFP. CIBC raised their price objective on shares of Interfor from C$22.00 to C$23.00 in a report on Friday, November 8th. Cibc World Mkts cut Interfor from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 18th. TD Securities lowered their price objective on Interfor from C$23.00 to C$22.00 in a research report on Friday, November 8th. BMO Capital Markets reduced their target price on shares of Interfor from C$27.00 to C$24.00 and set a "strong-buy" rating on the stock in a research report on Tuesday, July 23rd. Finally, Raymond James raised shares of Interfor from an "outperform" rating to a "strong-buy" rating and lifted their price target for the company from C$26.00 to C$30.00 in a research report on Tuesday, October 22nd. Three analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Interfor currently has an average rating of "Moderate Buy" and an average price target of C$24.50.

Interfor Trading Down 1.5 %

TSE IFP traded down C$0.29 during trading on Wednesday, hitting C$19.47. The company had a trading volume of 96,377 shares, compared to its average volume of 159,924. The company's fifty day moving average is C$19.39 and its 200-day moving average is C$18.03. The company has a market cap of C$1.00 billion, a price-to-earnings ratio of -2.78 and a beta of 2.54. The company has a current ratio of 2.02, a quick ratio of 1.15 and a debt-to-equity ratio of 62.31. Interfor has a one year low of C$15.35 and a one year high of C$26.00.

Interfor Company Profile

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.