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Interfor FY2026 EPS Decreased by Raymond James Financial

Interfor logo with Basic Materials background

Key Points

  • Raymond James Financial has revised down its FY2026 EPS estimate for Interfor to $0.32, from a previous forecast of $0.39, while maintaining an "Outperform" rating and a price objective of $15.00.
  • CIBC and Scotiabank also lowered their target prices for Interfor, with CIBC cutting it from C$14.00 to C$12.00 and Scotiabank reducing it from C$20.00 to C$18.00, reflecting a general trend of caution among analysts.
  • Interfor's stock experienced a 2.9% decline, currently opening at C$9.69, significantly lower than its 12-month high of C$21.44.
  • MarketBeat previews top five stocks to own in November.

Interfor Co. (TSE:IFP - Free Report) - Raymond James Financial dropped their FY2026 EPS estimates for shares of Interfor in a report released on Monday, October 6th. Raymond James Financial analyst D. Swetlishoff now forecasts that the company will earn $0.32 per share for the year, down from their previous forecast of $0.39. Raymond James Financial currently has a "Outperform" rating and a $15.00 price objective on the stock. The consensus estimate for Interfor's current full-year earnings is $2.86 per share.

A number of other equities analysts have also commented on the stock. CIBC reduced their target price on shares of Interfor from C$14.00 to C$12.00 and set a "neutral" rating on the stock in a research report on Monday, September 29th. Scotiabank lowered their target price on shares of Interfor from C$20.00 to C$18.00 and set a "sector perform" rating for the company in a research note on Monday, August 11th. TD Securities lowered their price objective on shares of Interfor from C$15.00 to C$12.00 and set a "hold" rating for the company in a research note on Thursday, October 2nd. Finally, Royal Bank Of Canada reduced their target price on shares of Interfor from C$19.00 to C$17.00 and set an "outperform" rating for the company in a report on Thursday, October 2nd. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of C$14.80.

Check Out Our Latest Analysis on IFP

Interfor Stock Down 2.9%

Shares of TSE IFP opened at C$9.69 on Wednesday. The firm's 50-day moving average price is C$12.22 and its 200-day moving average price is C$13.03. The company has a current ratio of 1.69, a quick ratio of 1.15 and a debt-to-equity ratio of 61.24. The stock has a market capitalization of C$637.19 million, a price-to-earnings ratio of -2.78 and a beta of 2.29. Interfor has a 12-month low of C$9.63 and a 12-month high of C$21.44.

About Interfor

(Get Free Report)

Interfor Corp produces and sells lumber, timber, and other wood products. The company operates sawmills to convert timber into lumber, logs, wood chips, and other wood products for sale. The firm also harvests timber for its sawmills on forest land owned by the Canadian government. Interfor pays the Canadian government stumpage fees based on the number of trees it harvests.

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Earnings History and Estimates for Interfor (TSE:IFP)

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