OTCMKTS:CFPZF

Canfor - CFPZF Stock Forecast, Price & News

$17.00

+0.15 (+0.89%)

(As of 03/20/2023 12:00 AM ET)

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Today's Range: $17.00
▼
$17.00
50-Day Range: $15.65
▼
$20.24
52-Week Range: $13.42
▼
$25.34

Volume: 1,305 shs
Average Volume: 4,293 shs
Market Capitalization: N/A

P/E Ratio: 13.61
Dividend Yield: N/A
Price Target: $29.50

Canfor MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 73.5% Upside
$29.50 Price Target
Short Interest: Bearish
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.48
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.94 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Canfor has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $29.50, Canfor has a forecasted upside of 73.5% from its current price of $17.00.
Amount of Analyst Coverage
Canfor has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Canfor has a short interest ratio ("days to cover") of 44.6, which indicates bearish sentiment.
Change versus previous month
Short interest in Canfor has recently decreased by 5.95%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Canfor does not currently pay a dividend.
Dividend Growth
Canfor does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CFPZF.

2.5

News and Social Media Coverage

News Sentiment
Canfor has a news sentiment score of 0.48. 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 0.33 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Canfor this week, compared to 0 articles on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Canfor insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 39.73% of the stock of Canfor is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Canfor is 13.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.92.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canfor is 13.61, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 82.01.

See Top Rated MarketRank™ Stocks Here

About Canfor (OTCMKTS:CFPZF) Stock

Canfor Corp. engages in the production of pulp & paper. It also offers wood pellets and green energy. It operates through the Lumber, and Pulp and Paper segment. The Lumber segment deals with logging activities and manufactures wood chips, pellets, and wood products. The Pulp and Paper segment produces and trades northern bleached softwood kraft and bleached chemi-thermo mechanical pulp. The company was founded by John G. Prentice and L. L. G. Bentley in 1938 and is headquartered in Vancouver, Canada.

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CFPZF Stock News Headlines

March 18, 2023 | msn.com

Canfor gets approval from TSX to renew NCIB

March 17, 2023 | marketwatch.com

Canfor to Repurchase Up to 5% of Public Shares

March 21, 2023 | Weiss Ratings (Ad)

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March 17, 2023 | americanbankingnews.com

Canfor Co. (OTCMKTS:CFPZF) Sees Significant Decrease in Short Interest

January 27, 2023 | baystreet.ca

Canfor Cuts More Jobs As It Restructures B.C. Operations

January 26, 2023 | msn.com

Canfor surges on plans to restructure B.C. operations, CIBC upgrade

January 26, 2023 | marketwatch.com

Canfor Shares Rise on British Columbia Restructure Plans

January 26, 2023 | ca.finance.yahoo.com

Sawmill permanently closing as Canfor restructures B.C. operations

March 21, 2023 | Investing Daily (Ad)

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January 26, 2023 | msn.com

Canfor closes Chetwynd sawmill and pellet plant

January 25, 2023 | ca.finance.yahoo.com

Canfor Restructuring B.C. Operations to Create a More Sustainable Footprint

January 19, 2023 | ca.finance.yahoo.com

Canfor closure in Prince George a sign of neglected forestry policy, says Unifor

January 14, 2023 | msn.com

Canfor permanently closing Prince George pulp mill, 300 jobs lost

January 13, 2023 | msn.com

Canfor axes 300 jobs at Prince George pulp and paper pill

January 13, 2023 | baystreet.ca

Canfor Cuts Production And Jobs In British Columbia

January 12, 2023 | ca.finance.yahoo.com

Hundreds of jobs affected as Canfor announces pulp line closure at B.C. mill

January 5, 2023 | baystreet.ca

Canfor Extends Production Cuts As Lumber Demand Slumps

January 4, 2023 | theglobeandmail.com

Canfor to extend temporary sawmill curtailments in B.C.

December 22, 2022 | msn.com

Canfor reduces Prince George pulp mill operation leaving 200-plus people off work for 4 weeks

December 7, 2022 | baystreet.ca

Canfor Reduces Lumber Production As Housing Market Slumps

December 6, 2022 | theglobeandmail.com

Canfor temporarily reducing its Canadian production due to weak market conditions

December 6, 2022 | seekingalpha.com

Canfor to cut Canadian production capacity on 'very weak' demand

October 29, 2022 | seekingalpha.com

Canfor Corporation (CFPZF) Q3 2022 Earnings Call Transcript

October 27, 2022 | marketwatch.com

Canfor Pulp Products Sees Pulp Markets Softening >CFX.T -- Commodity Comment

September 20, 2022 | ca.finance.yahoo.com

Canfor temporarily reducing production capacity in B.C. due to market conditions

September 20, 2022 | theglobeandmail.com

Canfor temporarily reducing production capacity in B.C. due to challenging market conditions

September 17, 2022 | reuters.com

CFP.TO - Canfor Corporation | Stock Price & Latest News | Reuters

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CFPZF Company Calendar

Last Earnings: 2/05/2014
Today: 3/20/2023

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Lumber & Wood Production
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: OTCMKTS:CFPZF
CUSIP: N/A
CIK: N/A
Web: www.canfor.com
Phone: (604) 661-5241
Fax: N/A
Employees: 7,391
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $29.50
High Stock Price Forecast: $30.00
Low Stock Price Forecast: $29.00
Forecasted Upside/Downside: +73.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 13.61
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

Key Executives

Don Kayne
President, Chief Executive Officer & Director

Kevin Paul Horsnell
Vice President-Operations

Pat Elliott
Chief Financial Officer & Senior VP-Sustainability

Jim Bogle
Vice President-Technology & Digital

Stephen Mackie
Executive Vice President-North American Operations

Key Competitors

View All Competitors

CFPZF Stock - Frequently Asked Questions

Should I buy or sell Canfor stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canfor in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CFPZF shares.
View CFPZF analyst ratings or view top-rated stocks.
What is Canfor's stock price forecast for 2023?: 1 analysts have issued 1 year target prices for Canfor's shares. Their CFPZF share price forecasts range from $29.00 to $30.00. On average, they expect the company's stock price to reach $29.50 in the next twelve months. This suggests a possible upside of 73.5% from the stock's current price.
View analysts price targets for CFPZF or view top-rated stocks among Wall Street analysts.
How have CFPZF shares performed in 2023?: Canfor's stock was trading at $15.8406 at the beginning of 2023. Since then, CFPZF stock has increased by 7.3% and is now trading at $17.00.
View the best growth stocks for 2023 here.
Are investors shorting Canfor?: Canfor saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 254,500 shares, a decrease of 5.9% from the February 13th total of 270,600 shares. Based on an average daily volume of 5,700 shares, the short-interest ratio is currently 44.6 days.
View Canfor's Short Interest.

How were Canfor's earnings last quarter?: Canfor Co. (OTCMKTS:CFPZF) posted its earnings results on Wednesday, February, 5th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by $0.02.
What is Canfor's stock symbol?: Canfor trades on the OTCMKTS under the ticker symbol "CFPZF."
How do I buy shares of Canfor?: Shares of CFPZF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Canfor's stock price today?: One share of CFPZF stock can currently be purchased for approximately $17.00.
How many employees does Canfor have?: The company employs 7,391 workers across the globe.
How can I contact Canfor?: Canfor's mailing address is 1700 West 75th Avenue, Vancouver, BC V6P. The official website for the company is www.canfor.com. The company can be reached via phone at (604) 661-5241.

This page (OTCMKTS:CFPZF) was last updated on 3/21/2023 by MarketBeat.com Staff

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Canfor - CFPZF Stock Forecast, Price & News

Canfor MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Canfor (OTCMKTS:CFPZF) Stock

CFPZF Stock News Headlines

CFPZF Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

CFPZF Stock - Frequently Asked Questions

Overall MarketRank^™