West Fraser Timber (TSE:WFG) Stock Falls 2.1% - Should You Sell?

Key Points

• West Fraser Timber shares fell 2.1% to C$95.87, with trading volume rising 13% above the average; the stock reached an intraday low of C$94.75.
• Analyst sentiment remains moderately positive after Raymond James upgraded the stock from “hold” to “moderate buy.” The consensus price target is C$96.50, based on one Buy and one Hold rating.
• The company reported a quarterly loss of C$1.47 per share on C$1.94 billion in revenue, alongside negative return on equity and net margin, highlighting ongoing profitability challenges.

West Fraser Timber Co. Ltd. (TSE:WFG - Get Free Report)'s stock price fell 2.1% during trading on Wednesday. The company traded as low as C$94.75 and last traded at C$95.87. Approximately 193,232 shares changed hands during trading, an increase of 13% from the average daily volume of 171,016 shares. The stock had previously closed at C$97.94.

Wall Street Analyst Weigh In

Separately, Raymond James Financial raised West Fraser Timber from a "hold" rating to a "moderate buy" rating in a research note on Tuesday, September 15th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of C$96.50.

West Fraser Timber Trading Down 2.1%

The company has a debt-to-equity ratio of 6.83, a current ratio of 2.06 and a quick ratio of 2.10. The firm has a market cap of C$7.51 billion, a PE ratio of -6.25 and a beta of 1.05. The company's 50 day moving average price is C$95.91 and its 200 day moving average price is C$93.45.

West Fraser Timber (TSE:WFG - Get Free Report) last announced its earnings results on Wednesday, October 28th. The company reported C($1.47) earnings per share for the quarter. West Fraser Timber had a negative return on equity of 24.96% and a negative net margin of 26.37%. The business had revenue of C$1.94 billion for the quarter. As a group, analysts forecast that West Fraser Timber Co. Ltd. will post 8.12 EPS for the current fiscal year.

About West Fraser Timber

West Fraser is a diversified wood products company with more than 50 facilities in Canada , the United States , the United Kingdom , and Europe , which promotes sustainable forest practices in its operations. The Company produces lumber, engineered wood products (OSB, LVL, MDF, plywood, and particleboard), northern bleached softwood kraft pulp, paper, wood chips, and other residuals. West Fraser's products are used in home construction, repair and remodelling, industrial applications, papers and tissue.

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