Western Forest Products Inc. (TSE:WEF – Free Report) – Research analysts at Scotiabank issued their Q4 2024 earnings per share (EPS) estimates for shares of Western Forest Products in a research note issued on Monday, November 11th. Scotiabank analyst B. Isaacson forecasts that the company will earn ($0.05) per share for the quarter. The consensus estimate for Western Forest Products’ current full-year earnings is $0.00 per share.
Several other equities analysts have also recently weighed in on the company. CIBC reduced their price target on Western Forest Products from C$0.60 to C$0.50 in a research report on Thursday, July 18th. TD Securities reduced their target price on Western Forest Products from C$0.55 to C$0.50 and set a “hold” rating for the company in a report on Friday, November 8th.
Western Forest Products Trading Down 4.3 %
Shares of WEF stock opened at C$0.45 on Thursday. The stock has a market capitalization of C$142.54 million, a price-to-earnings ratio of -3.21, a PEG ratio of 0.32 and a beta of 1.81. The company’s fifty day simple moving average is C$0.49 and its two-hundred day simple moving average is C$0.48. Western Forest Products has a 1 year low of C$0.41 and a 1 year high of C$0.77. The company has a debt-to-equity ratio of 18.43, a current ratio of 2.97 and a quick ratio of 0.73.
Western Forest Products (TSE:WEF – Get Free Report) last posted its earnings results on Wednesday, November 6th. The company reported C($0.06) earnings per share for the quarter, missing the consensus estimate of C($0.03) by C($0.03). The business had revenue of C$241.70 million during the quarter, compared to analysts’ expectations of C$242.00 million. Western Forest Products had a negative return on equity of 7.64% and a negative net margin of 4.13%.
About Western Forest Products
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.
Read More
- Five stocks we like better than Western Forest Products
- What is the Dow Jones Industrial Average (DJIA)?
- 3 GARP Stocks Offering Strong Growth: Aptiv, Allstate, Barrick
- Roth IRA Calculator: Calculate Your Potential Returns
- Mouse Rising: The Iger Investment Pays Off for Disney Investors
- What does consumer price index measure?
- Can CAVA Stock Be the Next Chipotle? Earnings Can Help
Receive News & Ratings for Western Forest Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Forest Products and related companies with MarketBeat.com's FREE daily email newsletter.
