FY2025 EPS Estimates for George Weston Lowered by Analyst

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) - Research analysts at Desjardins reduced their FY2025 earnings per share estimates for George Weston in a report released on Tuesday, July 29th. Desjardins analyst C. Li now anticipates that the company will post earnings of $12.93 per share 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.

Several other equities research analysts also recently issued reports on WN. TD Securities boosted their price objective on George Weston from C$308.00 to C$313.00 and gave the company a "buy" rating in a report on Monday, July 28th. Royal Bank Of Canada boosted their price objective on George Weston from C$316.00 to C$323.00 in a report on Wednesday, July 30th. CIBC boosted their price objective on George Weston from C$268.00 to C$296.00 and gave the company an "outperform" rating in a report on Wednesday, May 7th. BMO Capital Markets upped their price target on George Weston from C$271.00 to C$284.00 in a report on Wednesday, July 30th. Finally, Scotiabank upped their price target on George Weston from C$241.00 to C$285.00 and gave the stock a "sector perform" rating in a report on Wednesday, May 7th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of C$301.00.

George Weston Trading Down 1.1%

Shares of WN stock traded down C$2.87 on Thursday, hitting C$260.42. The stock had a trading volume of 121,899 shares, compared to its average volume of 133,732. The company has a debt-to-equity ratio of 372.50, a current ratio of 1.32 and a quick ratio of 0.73. The firm has a market capitalization of C$33.80 billion, a P/E ratio of 52.13, a P/E/G ratio of 5.03 and a beta of 0.42. George Weston has a 1 year low of C$204.47 and a 1 year high of C$280.86. The company's 50 day moving average price is C$268.60 and its 200-day moving average price is C$250.60.

Insider Activity

In other George Weston news, Senior Officer Andrew Michael Bunston sold 2,151 shares of the company's stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of C$277.71, for a total transaction of C$597,360.23. Also, Senior Officer Richard Dufresne sold 5,329 shares of the company's stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of C$277.47, for a total value of C$1,478,612.05. In the last 90 days, insiders have sold 47,480 shares of company stock worth $12,706,095. 59.41% of the stock is owned by company insiders.

About George Weston

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%.