FY2025 EPS Estimates for George Weston Cut by Desjardins

Key Points

• The FY2025 EPS estimates for George Weston Limited have been reduced by Desjardins from $13.43 to $12.93, while maintaining a "Buy" rating and a price objective of $305.00.
• Several financial institutions, including Royal Bank of Canada and CIBC, have recently increased their price targets for George Weston, with the consensus target currently at C$301.00.
• Insiders have sold a total of 47,480 shares of George Weston stock valued at over $12 million in the last quarter, indicating potential caution among company executives.

George Weston Limited (TSE:WN - Free Report) - Stock analysts at Desjardins decreased their FY2025 earnings per share (EPS) estimates for shares of George Weston in a note issued to investors on Tuesday, July 29th. Desjardins analyst C. Li now forecasts that the company will post earnings per share of $12.93 for the year, down from their prior forecast of $13.43. Desjardins has a "Buy" rating and a $305.00 price objective on the stock. The consensus estimate for George Weston's current full-year earnings is $13.02 per share.

WN has been the subject of a number of other reports. CIBC increased their price target on George Weston from C$268.00 to C$296.00 and gave the company an "outperform" rating in a research note on Wednesday, May 7th. BMO Capital Markets raised their target price on George Weston from C$271.00 to C$284.00 in a research report on Wednesday. Scotiabank raised their target price on George Weston from C$241.00 to C$285.00 and gave the stock a "sector perform" rating in a research report on Wednesday, May 7th. TD Securities increased their price objective on George Weston from C$308.00 to C$313.00 and gave the stock a "buy" rating in a report on Monday. Finally, Royal Bank Of Canada increased their price objective on George Weston from C$316.00 to C$323.00 in a report on Wednesday. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of C$301.00.

George Weston Stock Performance

WN traded down C$2.87 during trading hours on Thursday, hitting C$260.42. The company's stock had a trading volume of 121,899 shares, compared to its average volume of 133,732. George Weston has a fifty-two week low of C$204.47 and a fifty-two week high of C$280.86. The company has a current ratio of 1.32, a quick ratio of 0.73 and a debt-to-equity ratio of 372.50. The firm has a market capitalization of C$33.80 billion, a PE ratio of 52.13, a PEG ratio of 5.03 and a beta of 0.42. The company has a 50-day simple moving average of C$268.60 and a 200 day simple moving average of C$250.12.

Insider Activity at George Weston

In related news, Senior Officer Andrew Michael Bunston sold 2,151 shares of the stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of C$277.71, for a total transaction of C$597,360.23. Also, Senior Officer Richard Dufresne sold 20,000 shares of the stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of C$267.91, for a total transaction of C$5,358,136.00. Insiders have sold 47,480 shares of company stock worth $12,706,095 over the last ninety days. Insiders own 59.41% of the company's stock.

George Weston Company Profile

George Weston is a holding company that operates through two subsidiaries encompassing retail and real estate. The first is Loblaw, the largest grocer in Canada, in which it has a 53% controlling stake. The second is Choice Properties, an open-ended real estate investment trust, where George Weston's ownership sits close to 62%.