FY2025 EPS Estimates for TSE:WEF Raised by Analyst

Key Points

• Raymond James Financial raised their FY2025 EPS estimates for Western Forest Products to ($3.97) per share, up from a prior estimate of ($4.05).
• Scotiabank increased their target price for Western Forest Products shares to C$15.00, while the average target price remains at C$13.38.
• Insider transactions showed Director Elizabeth Kernaghan purchasing 20,200 shares of the company at an average price of C$12.23 per share, increasing her stake by 1.27%.

Western Forest Products Inc. (TSE:WEF - Free Report) - Equities researchers at Raymond James Financial upped their FY2025 EPS estimates for Western Forest Products in a research note issued on Wednesday, October 15th. Raymond James Financial analyst D. Swetlishoff now forecasts that the company will earn ($3.97) per share for the year, up from their previous estimate of ($4.05). The consensus estimate for Western Forest Products' current full-year earnings is $0.00 per share. Raymond James Financial also issued estimates for Western Forest Products' FY2026 earnings at ($3.60) EPS.

Separately, Scotiabank upped their target price on shares of Western Forest Products to C$15.00 in a research note on Friday, August 1st. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, Western Forest Products has an average rating of "Hold" and an average target price of C$13.38.

Western Forest Products Trading Down 1.0%

Shares of TSE WEF opened at C$12.10 on Monday. The firm's 50 day moving average price is C$12.49 and its 200-day moving average price is C$12.20. The company has a market cap of C$127.75 million, a PE ratio of -5.39, a P/E/G ratio of 0.32 and a beta of 0.65. Western Forest Products has a 52-week low of C$10.80 and a 52-week high of C$16.50. The company has a debt-to-equity ratio of 19.61, a quick ratio of 0.73 and a current ratio of 3.04.

Insider Buying and Selling

In related news, Director Elizabeth Kernaghan acquired 20,200 shares of the stock in a transaction that occurred on Monday, September 8th. The shares were bought at an average price of C$12.23 per share, for a total transaction of C$247,046.00. Following the completion of the transaction, the director directly owned 1,609,800 shares in the company, valued at approximately C$19,687,854. This trade represents a 1.27% increase in their ownership of the stock. Also, insider Kernwood Limited acquired 20,200 shares of the stock in a transaction that occurred on Monday, September 8th. The shares were bought at an average price of C$12.23 per share, for a total transaction of C$247,046.00. Following the transaction, the insider owned 1,609,800 shares of the company's stock, valued at C$19,687,854. This trade represents a 1.27% increase in their ownership of the stock. In the last 90 days, insiders have purchased 147,200 shares of company stock worth $1,796,800. 0.67% of the stock is owned by insiders.

Western Forest Products Company Profile

Western Forest Products Inc is a Canada-based softwood forest products company. The company's principal business activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber remanufacturing. Its operating business segment comprised of Timber harvesting, Log sales, and Lumber manufacturing and sales.

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