Western Forest Products (WEF) Stock Price, News & Analysis

Company Overview

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. The firm purchases and harvests logs which are then manufactured into lumber products at its sawmills, or sold. Canada and the United States, represent the company's largest markets and contribute the vast majority of its total revenue.

Key Stats

• Today's Range: C$0.41 to C$0.42
• 50-Day Range: C$0.38 to C$0.42
• 52-Week Range: C$0.36 to C$0.58
• Volume: 566,886 shs
• Average Volume: 378,858 shs
• Market Capitalization: C$129.87 million
• P/E Ratio: N/A
• Dividend Yield: 12.20%
• Price Target: C$0.45
• Consensus Rating: Hold

Western Forest Products Stock Analysis - MarketRank™

Western Forest Products scored higher than 30% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Western Forest Products has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Western Forest Products has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Western Forest Products is -2.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Western Forest Products is -2.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Western Forest Products has a PEG Ratio of 0.32. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Western Forest Products has a P/B Ratio of 0.23. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for WEF.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Western Forest Products is a leading dividend payer. It pays a dividend yield of 6.67%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Western Forest Products does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for WEF.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.73

News Sentiment

Western Forest Products has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for Western Forest Products this week, compared to 1 article on an average week.

MarketBeat Follows

2 people have added Western Forest Products to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Western Forest Products insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$2,901,170.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

Only 0.67% of the stock of Western Forest Products is held by insiders.

Percentage Held by Institutions

Only 39.01% of the stock of Western Forest Products is held by institutions.

WEF Stock Analysis - Frequently Asked Questions

How have WEF shares performed this year?

Western Forest Products' stock was trading at C$0.41 at the beginning of the year. Since then, WEF stock has increased by 1.2% and is now trading at C$0.41.

How do I buy shares of Western Forest Products?

Shares of WEF stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Western Forest Products own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Western Forest Products investors own include Enbridge (ENB), Bank of Nova Scotia (BNS), Canadian National Railway (CNR), Algonquin Power & Utilities (AQN), Toronto-Dominion Bank (TD), Tourmaline Oil (TOU) and Whitecap Resources (WCP).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Lumber & Wood Production
• Sub-Industry: Construction Materials
• Current Symbol: TSE:WEF
• CIK: N/A
• Web: www.westernforest.com
• Phone: +1-604-6484500
• Fax: N/A
• Employees: 2,051
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Western Forest Products: C$0.45
• High Price Target: C$0.50
• Low Price Target: C$0.40
• Potential Upside/Downside: +9.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.14)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 82.13
• P/E Growth: 0.32
• Net Income: -C$43.70 million
• Net Margins: -4.21%
• Pretax Margin: N/A
• Return on Equity: -7.69%
• Return on Assets: -4.24%

Debt

• Debt-to-Equity Ratio: 19.61
• Current Ratio: 3.04
• Quick Ratio: 0.73

Sales & Book Value

• Annual Sales: C$1.04 billion
• Price / Sales: 0.13
• Cash Flow: C$0.04 per share
• Price / Cash Flow: 10.18
• Book Value: C$1.78 per share
• Price / Book: 0.23

Miscellaneous

• Outstanding Shares: 316,746,000
• Free Float: N/A
• Market Cap: C$129.87 million
• Optionable: Not Optionable
• Beta: 1.81