Scotiabank Comments on Interfor's FY2025 Earnings (TSE:IFP)

Key Points

• Scotiabank has significantly reduced its FY2025 earnings per share estimate for Interfor to ($1.26), down from a previous estimate of ($0.73), while maintaining a "Sector Perform" rating with a price target of $18.00.
• Multiple analysts have adjusted their price targets for Interfor, with TD Securities lowering their target to C$16.00 and Royal Bank of Canada to C$21.00, indicating a cautious outlook on the stock.
• Interfor's shares showed a 4.6% increase, trading at C$13.32, amid broader market volatility, with a 52-week range of C$12.15 to C$21.44.

Interfor Co. (TSE:IFP - Free Report) - Equities research analysts at Scotiabank lowered their FY2025 earnings per share estimates for shares of Interfor in a report released on Monday, August 11th. Scotiabank analyst B. Isaacson now forecasts that the company will earn ($1.26) per share for the year, down from their previous estimate of ($0.73). Scotiabank has a "Sector Perform" rating and a $18.00 price objective on the stock. The consensus estimate for Interfor's current full-year earnings is $2.86 per share. Scotiabank also issued estimates for Interfor's FY2026 earnings at $0.56 EPS.

A number of other analysts also recently issued reports on IFP. TD Securities cut their price objective on Interfor from C$20.00 to C$16.00 and set a "hold" rating for the company in a research report on Thursday, April 17th. Royal Bank Of Canada cut their price objective on Interfor from C$26.00 to C$21.00 and set an "outperform" rating for the company in a research report on Tuesday, April 22nd. Raymond James Financial lowered shares of Interfor from a "strong-buy" rating to a "moderate buy" rating and lowered their price objective for the company from C$22.00 to C$19.00 in a research note on Tuesday, July 22nd. Finally, CIBC lowered their price objective on shares of Interfor from C$20.00 to C$17.00 and set a "neutral" rating for the company in a research note on Tuesday, April 22nd. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of C$18.20.

Interfor Stock Up 4.6%

Shares of IFP opened at C$13.32 on Thursday. Interfor has a 52-week low of C$12.15 and a 52-week high of C$21.44. The company has a market capitalization of C$689.79 million, a PE ratio of -1.63 and a beta of 2.54. The stock has a fifty day simple moving average of C$12.93 and a two-hundred day simple moving average of C$14.15. The company has a quick ratio of 1.15, a current ratio of 1.69 and a debt-to-equity ratio of 61.24.

Interfor Company Profile

Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally. It offers decking, fascia and board, framing, v-joint paneling, fineline paneling, and siding products, as well as appearance, structural, studs, timbers, and machine stress related products.

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