Scotiabank Has Pessimistic View of Interfor FY2025 Earnings

Key Points

• Scotiabank has lowered its FY2025 earnings per share (EPS) estimate for Interfor to (C$1.96), down from a previous estimate of (C$1.26), maintaining a "Sector Perform" rating with a price target of C$18.00.
• Raymond James Financial has downgraded Interfor's rating from "strong-buy" to "moderate buy" and reduced its price target from C$22.00 to C$19.00.
• As of Wednesday, shares of Interfor are trading at C$13.02, reflecting a 2.5% decrease, and the company has a market capitalization of C$669.93 million.

Interfor Co. (TSE:IFP - Free Report) - Equities research analysts at Scotiabank lowered their FY2025 earnings per share (EPS) estimates for Interfor in a research note issued to investors on Monday, September 8th. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings of ($1.96) per share for the year, down from their prior forecast of ($1.26). Scotiabank has a "Sector Perform" rating and a $18.00 price target on the stock. The consensus estimate for Interfor's current full-year earnings is $2.86 per share. Scotiabank also issued estimates for Interfor's FY2026 earnings at $0.12 EPS.

Separately, Raymond James Financial lowered Interfor from a "strong-buy" rating to a "moderate buy" rating and lowered their target price for the stock from C$22.00 to C$19.00 in a report on Tuesday, July 22nd. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of C$18.20.

Interfor Price Performance

TSE:IFP traded down C$0.32 during mid-day trading on Wednesday, reaching C$12.93. 153,059 shares of the stock were exchanged, compared to its average volume of 207,934. The business has a fifty day moving average price of C$12.90 and a 200 day moving average price of C$13.54. The firm has a market capitalization of C$665.30 million, a PE ratio of -3.70 and a beta of 2.65. Interfor has a 1-year low of C$12.15 and a 1-year high of C$21.44. The company has a current ratio of 1.69, a quick ratio of 1.15 and a debt-to-equity ratio of 61.24.

About Interfor

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.