Canfor Co. (TSE:CFP - Free Report) - Stock analysts at Raymond James issued their Q1 2025 earnings per share (EPS) estimates for shares of Canfor in a note issued to investors on Wednesday, April 30th. Raymond James analyst D. Swetlishoff anticipates that the company will post earnings per share of ($0.19) for the quarter. Raymond James has a "Strong-Buy" rating and a $22.00 price objective on the stock. The consensus estimate for Canfor's current full-year earnings is $0.40 per share. Raymond James also issued estimates for Canfor's FY2025 earnings at ($0.33) EPS and FY2026 earnings at $1.08 EPS.
A number of other research analysts also recently issued reports on the stock. Scotiabank downgraded shares of Canfor from a "hold" rating to a "strong sell" rating in a research report on Monday, February 3rd. TD Securities reduced their target price on Canfor from C$19.00 to C$17.00 and set a "buy" rating for the company in a research note on Thursday, April 17th. CIBC downgraded Canfor from an "outperform" rating to a "neutral" rating and dropped their price target for the stock from C$19.00 to C$16.00 in a research note on Tuesday, April 22nd. Royal Bank of Canada reduced their price objective on Canfor from C$19.00 to C$16.00 and set an "outperform" rating for the company in a research note on Tuesday, April 22nd. Finally, Cibc World Mkts lowered Canfor from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 22nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Canfor presently has an average rating of "Hold" and an average price target of C$18.33.
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Canfor Trading Up 1.4 %
Shares of CFP stock opened at C$13.58 on Monday. The company has a market cap of C$1.63 billion, a P/E ratio of -2.26 and a beta of 2.08. Canfor has a fifty-two week low of C$12.60 and a fifty-two week high of C$18.38. The stock has a 50 day simple moving average of C$14.27 and a two-hundred day simple moving average of C$15.39. The company has a debt-to-equity ratio of 21.94, a quick ratio of 2.14 and a current ratio of 2.19.
About Canfor
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Canfor Corp is a softwood lumber company that also owns around half of Canfor Pulp. It is active throughout North America, with lumber mills in British Columbia, Alberta, and the Southeastern United States. It has two reportable segments: Lumber and Pulp and Paper.
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