George Weston (WN) Scheduled to Post Quarterly Earnings on Tuesday

George Weston (TSE:WN) will be posting its quarterly earnings results before the market opens on Tuesday, November 19th.

George Weston Price Performance

WN stock opened at C$225.90 on Monday. George Weston has a 1 year low of C$155.00 and a 1 year high of C$236.30. The company has a debt-to-equity ratio of 171.94, a current ratio of 1.35 and a quick ratio of 0.73. The stock has a market cap of C$29.85 billion, a price-to-earnings ratio of 25.44, a P/E/G ratio of 5.03 and a beta of 0.42. The company has a 50 day simple moving average of C$224.03 and a 200 day simple moving average of C$209.56.

Insider Transactions at George Weston

In other George Weston news, Senior Officer Rashid Wasti sold 150 shares of George Weston stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of C$222.51, for a total transaction of C$33,376.50. Also, Senior Officer Richard Dufresne sold 4,400 shares of George Weston stock in a transaction on Thursday, September 12th. The stock was sold at an average price of C$226.89, for a total transaction of C$998,326.12. Over the last quarter, insiders acquired 6,600 shares of company stock worth $142,829 and sold 54,115 shares worth $12,177,793. Corporate insiders own 59.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on WN shares. Royal Bank of Canada raised their price objective on George Weston from C$230.00 to C$253.00 in a research report on Tuesday, November 12th. Scotiabank upgraded shares of George Weston to a “hold” rating in a research report on Wednesday, October 30th. TD Securities decreased their price objective on shares of George Weston from C$246.00 to C$242.00 and set a “buy” rating for the company in a research report on Monday, July 22nd. Desjardins boosted their target price on shares of George Weston from C$212.00 to C$232.00 and gave the company a “buy” rating in a report on Wednesday, July 31st. Finally, CIBC upped their price target on shares of George Weston from C$235.00 to C$254.00 and gave the company an “outperform” rating in a research report on Wednesday, July 31st. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$235.50.

George Weston Company Profile

George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, and financial services.