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 year. 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 target for 2024?

1 analysts have issued twelve-month target prices for Canfor's stock. Their CFPZF share price targets range from $32.00 to $45.00. On average, they expect the company's stock price to reach $39.60 in the next twelve months. This suggests a possible upside of 264.3% 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 2024?

Canfor's stock was trading at $13.48 at the beginning of the year. Since then, CFPZF shares have decreased by 19.4% and is now trading at $10.87. View the best growth stocks for 2024 here .

Are investors shorting Canfor?

Canfor saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 148,700 shares, an increase of 7.4% from the February 29th total of 138,400 shares. Based on an average daily trading volume, of 14,900 shares, the days-to-cover ratio is presently 10.0 days. View Canfor's Short Interest .

How were Canfor's earnings last quarter?

Canfor Co. (OTCMKTS:CFPZF) posted its quarterly earnings results on Wednesday, February, 5th. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.37 by $0.02.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:CFPZF

Canfor (CFPZF) Stock Price, News & Analysis

→ Your eBook: Mastering Earnings Announcements Trading (From StockEarnings) (Ad)

Free CFPZF Stock Alerts

$10.87

-0.20 (-1.81%)

(As of 04/15/2024 ET)

Compare

Today's Range: $10.87
▼
$10.94
50-Day Range: $10.87
▼
$12.82
52-Week Range: $9.87
▼
$18.07

Volume: 23,498 shs
Average Volume: 19,813 shs
Market Capitalization: N/A

P/E Ratio: 8.70
Dividend Yield: N/A
Price Target: $39.60

Stock Analysis Analyst Forecasts Chart Headlines Short Interest

Get Canfor alerts:

Canfor MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 264.3% Upside
$39.60 Price Target
Short Interest: Bearish
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.16
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.71 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.
Amount of Analyst Coverage
Canfor has received no research coverage 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 8.2.
Change versus previous month
Short interest in Canfor has recently decreased by 4.77%, indicating that investor sentiment is improving.

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.

2.3

News and Social Media Coverage

News Sentiment
Canfor has a news sentiment score of 0.16. 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 lower news sentiment than the 0.40 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Canfor this week, compared to 0 articles on an average week.
Search Interest
1 people have searched for CFPZF on MarketBeat in the last 30 days.

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 8.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canfor is 8.70, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 131.06.

See Top Rated MarketRank™ Stocks Here

Ad StockEarnings

Your eBook: Mastering Earnings Announcements Trading

Trading around earnings announcements (Pre-Earnings, Into-Earnings, and Post-Earnings) provides a unique trading opportunity. That is because trading around earnings announcements presents short-term trading opportunities (these are great because they don’t tie your money up for very long).

Click Here to Claim Your FREE The Ultimate Strategy Guide To Trade Earnings E-Book .

About Canfor Stock (OTCMKTS:CFPZF)

Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates in two segments, Lumber, and Pulp and Paper. The company manufactures and sells softwood lumber, remanufactured lumber products, engineered wood, and other lumber-related products, as well as wood chips and pellets; and generates green energy. It also offers dimension lumber products, such as spruce pine fir, southern yellow pine, Douglas fir larch, and Canfor red; specialty lumber products, including Balfour boards, WynnWood board, decking/fascia, lamstock, long lengths, shop/clear, and access mat lumber; and pulp and paper products comprising bleached and unbleached softwood kraft pulp, as well as bleached, colored, and unbleached kraft paper. The company was founded in 1938 and is headquartered in Vancouver, Canada.

CFPZF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CFPZF Stock News Headlines

April 10, 2024 | marketwatch.com

Canfor to Close Facility, Consolidate Operations in Alabama

April 10, 2024 | msn.com

Canfor closing Jackson mill as part of restructuring in Alabama

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

One of the single most unique and powerful events in the markets is coming in the next two months. It’s scheduled for April 22, 2024. But investors are moving now to get ahead of what’s coming… driving up prices of one asset dramatically. And you should do the same.

March 19, 2024 | msn.com

Calgary rail company acquires former Canfor pulp mill in northeast B.C.

March 8, 2024 | theglobeandmail.com

Canfor: Top 10 Undervalued Growth Stocks on TSX (CFP)

March 8, 2024 | seekingalpha.com

Canfor Corporation (CFPZF) Q4 2023 Earnings Call Transcript

March 5, 2024 | markets.businessinsider.com

Here's what to expect from Canfor Pulp Products's earnings

February 15, 2024 | finance.yahoo.com

Canfor Corporation's (TSE:CFP) largest shareholders are private companies with 31% ownership, individual investors own 31%

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

February 8, 2024 | msn.com

Canfor Pulp sells Taylor pulp site for $7M

February 7, 2024 | finance.yahoo.com

Canfor Pulp Announces Sale Agreement for Taylor Pulp Site

February 7, 2024 | msn.com

Canfor Pulp Products announces sale of Taylor pulp mill for $7 million

February 6, 2024 | realmoney.thestreet.com

Canfor just downgraded at Raymond James, here's why

January 18, 2024 | morningstar.com

Sustainable Green Team Ltd SGTM

January 17, 2024 | morningstar.com

Corticeira Amorim SGPS SA COR

January 6, 2024 | morningstar.com

MDF VRG Quang Tri Wood JSC MDF

January 4, 2024 | morningstar.com

Simpson Manufacturing Co Inc SSD

December 19, 2023 | realmoney.thestreet.com

Canfor price target lowered by C$5 at RBC Capital

November 10, 2023 | finance.yahoo.com

Is There An Opportunity With Canfor Corporation's (TSE:CFP) 46% Undervaluation?

November 3, 2023 | msn.com

Canfor Non-GAAP EPS of -C$0.16, revenue of C$1.31B

November 2, 2023 | finance.yahoo.com

CANFOR REPORTS RESULTS FOR THIRD QUARTER OF 2023

October 25, 2023 | msn.com

First Nations petitioning to stop Canfor logging

September 15, 2023 | msn.com

Canfor promises to build new $200-million mill in Houston, B.C., following series of closures

September 14, 2023 | marketwatch.com

Canfor Spending C$200 Million on New Manufacturing Facility

July 31, 2023 | theglobeandmail.com

Canfor Pulp Products: Top 10 Undervalued Forest Products Industry Stocks (CFX)

July 28, 2023 | msn.com

Canfor Non-GAAP EPS of -C$0.36, revenue of C$1.45B

July 28, 2023 | ca.finance.yahoo.com

Canfor Corp. reports $43.9M loss in second quarter amid tough pulp, lumber conditions

See More Headlines

Receive CFPZF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Canfor and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 2/05/2014
Today: 4/16/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Basic Materials
Industry: Lumber & Wood Production
Sub-Industry: N/A
Current Symbol: OTCMKTS:CFPZF
CUSIP: N/A
CIK: N/A
Web: www.canfor.com
Phone: (604) 661-5241
Fax: N/A
Employees: 7,580
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $39.60
High Stock Price Target: $45.00
Low Stock Price Target: $32.00
Potential Upside/Downside: +264.3%
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: 8.70
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

7 Stocks to Own Before the 2024 Election

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report

Key Executives

Mr. Donald B. Kayne (Age 66)
President, CEO & Director
Comp: $1.85M
Mr. Patrick A. J. Elliott
CFO & Senior VP of Sustainability
Mr. David M. Calabrigo (Age 65)
Senior VP of Corporate Development & Legal Affairs and Corporate Secretary
Comp: $1.13M
Mr. Kevin Pankratz
Senior Vice President of Sales & Marketing
Mr. Stephen MacKie
Executive Vice President of North American Operations
Mr. Daniel Barwin
Director of Corporate Finance
Jim Bogle
Vice President of Technology & Digital
Ms. Michelle Ward
Vice President of Corporate Communications
Ms. Katy Player
Senior Vice President of People
Ms. Susan L. Yurkovich B.A. (Age 58)
M.B.A., Senior Vice President of Global Business Development

Key Competitors

View All Competitors

CFPZF Stock Analysis - 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 year. 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 target for 2024?: 1 analysts have issued twelve-month target prices for Canfor's stock. Their CFPZF share price targets range from $32.00 to $45.00. On average, they expect the company's stock price to reach $39.60 in the next twelve months. This suggests a possible upside of 264.3% 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 2024?: Canfor's stock was trading at $13.48 at the beginning of the year. Since then, CFPZF shares have decreased by 19.4% and is now trading at $10.87.
View the best growth stocks for 2024 here.
Are investors shorting Canfor?: Canfor saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 148,700 shares, an increase of 7.4% from the February 29th total of 138,400 shares. Based on an average daily trading volume, of 14,900 shares, the days-to-cover ratio is presently 10.0 days.
View Canfor's Short Interest.

How were Canfor's earnings last quarter?: Canfor Co. (OTCMKTS:CFPZF) posted its quarterly earnings results on Wednesday, February, 5th. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.37 by $0.02.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:CFPZF) was last updated on 4/16/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial