Should I buy or sell Conifex Timber stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Conifex Timber in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CFF shares. View CFF analyst ratings or view top-rated stocks .

What is Conifex Timber's stock price target for 2024?

2 brokerages have issued 1 year price objectives for Conifex Timber's shares. Their CFF share price targets range from C$0.75 to C$1.50. On average, they predict the company's share price to reach C$1.13 in the next twelve months. This suggests a possible upside of 90.7% from the stock's current price. View analysts price targets for CFF or view top-rated stocks among Wall Street analysts .

How have CFF shares performed in 2023?

Conifex Timber's stock was trading at C$1.65 at the beginning of 2023. Since then, CFF stock has decreased by 64.2% and is now trading at C$0.59. View the best growth stocks for 2023 here .

When is Conifex Timber's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 13th 2024. View our CFF earnings forecast .

How were Conifex Timber's earnings last quarter?

Conifex Timber Inc. (TSE:CFF) announced its earnings results on Tuesday, November, 7th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.18) by $0.02. The business had revenue of $38.70 million for the quarter. Conifex Timber had a negative trailing twelve-month return on equity of 18.96% and a negative net margin of 19.21%.

What other stocks do shareholders of Conifex Timber own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Conifex Timber investors own include Virtus Stone Harbor Emerging Markets Income Fund (EDF) , Canfor (CFP) , Western Forest Products (WEF) , PIMCO High Income Fund (PHK) , BlackRock Capital Investment (BKCC) , Aurora Cannabis (ACB) , Altius Minerals (ALS) , B2Gold (BTO) , Bellatrix Exploration (BXE) and Cameco (CCO) .

How do I buy shares of Conifex Timber?

Shares of CFF 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. Compare Top Brokerages Here .

Conifex Timber Stock Price, News & Analysis (TSE:CFF)

C$0.59

-0.01 (-1.67%)

(As of 12/5/2023 ET)

Compare

Today's Range: C$0.59
▼
C$0.60
50-Day Range: C$0.59
▼
C$0.84
52-Week Range: C$0.59
▼
C$1.82

Volume: 37,187 shs
Average Volume: 15,261 shs
Market Capitalization: C$23.81 million

P/E Ratio: N/A
Dividend Yield: 4.69%
Price Target: C$1.13

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines

Conifex Timber MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 90.7% Upside
C$1.13 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.14
Based on 4 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.

2.22 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
Conifex Timber has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$1.13, Conifex Timber has a forecasted upside of 90.7% from its current price of C$0.59.
Amount of Analyst Coverage
Conifex Timber has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CFF.

1.7

Dividend Strength

Dividend Leadership
Conifex Timber is a leading dividend payer. It pays a dividend yield of 4.69%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Conifex Timber 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 CFF.

1.7

News and Social Media Coverage

News Sentiment
Conifex Timber has a news sentiment score of 0.14. 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 0.36 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Conifex Timber this week, compared to 0 articles on an average week.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Conifex Timber insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.73% of the stock of Conifex Timber is held by insiders.
Percentage Held by Institutions
40.75% of the stock of Conifex Timber is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Conifex Timber is -0.94, 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 Conifex Timber is -0.94, 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
Conifex Timber has a PEG Ratio of 0.06. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Conifex Timber has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Conifex Timber Stock (TSE:CFF)

Conifex Timber Inc. primarily manufactures and sells lumber products in the United States, Canada, Japan, and internationally. It is involved in the timber harvesting, reforestation, and forest management activities; manufacture of finished softwood lumber from spruce, pine, and fir logs; manufacture, sale, and distribution of dimension lumber; processing logs into lumber and wood chips, as well as residual products, such as wood chips, trim blocks, sawdust, shavings, and barks; and providing value added lumber finishing services. It also engages in bioenergy operations; and operates a 36 megawatt biomass power generation plant in Mackenzie, British Columbia. The company was formerly known as West Fourth Capital Inc. and changed its name to Conifex Timber Inc. in June 2010. Conifex Timber Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.

CFF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CFF Stock News Headlines

November 30, 2023 | americanbankingnews.com

FY2023 Earnings Forecast for Conifex Timber Inc. (TSE:CFF) Issued By Raymond James

November 28, 2023 | americanbankingnews.com

Research Analysts Offer Predictions for Conifex Timber Inc.'s FY2025 Earnings (TSE:CFF)

December 6, 2023 | Financial Alphas (Ad)

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November 7, 2023 | finance.yahoo.com

Conifex Announces Third Quarter 2023 Results

October 17, 2023 | finance.yahoo.com

Conifex Announces Third Quarter 2023 Results Conference Call

September 27, 2023 | bbc.co.uk

Arsenal: Jurrien Timber knee injury a huge disappointment - Mikel Arteta

August 24, 2023 | theglobeandmail.com

Closing Bell: Conifex Timber Inc up on Wednesday (CFF)

August 20, 2023 | finance.yahoo.com

Is Conifex Timber Inc. (TSE:CFF) Trading At A 25% Discount?

December 6, 2023 | Financial Alphas (Ad)

Lithium Discovery So BIG You Can't Miss it, Even From Space

August 18, 2023 | thetimes.co.uk

Arsenal fear Jurrien Timber could be out for six months

August 16, 2023 | mirror.co.uk

Arsenal suffer major injury scare as new signing Jurrien Timber forced off on league debut

July 3, 2023 | theglobeandmail.com

Closing Bell: Conifex Timber Inc down on Friday (CFF)

June 22, 2023 | finanznachrichten.de

Conifex Timber Inc: Conifex Announces Voting Results

May 19, 2023 | finance.yahoo.com

Conifex Taking Unscheduled Downtime at Mackenzie Lumber Production Facility

May 9, 2023 | finance.yahoo.com

Conifex Announces Leadership Team Promotion

May 9, 2023 | finance.yahoo.com

Conifex Announces First Quarter 2023 Results

May 6, 2023 | finance.yahoo.com

Is Now An Opportune Moment To Examine Conifex Timber Inc. (TSE:CFF)?

May 2, 2023 | theglobeandmail.com

Closing Bell: Conifex Timber Inc up on Monday (CFF)

April 26, 2023 | theglobeandmail.com

Closing Bell: Conifex Timber Inc flat on Wednesday (CFF)

April 26, 2023 | theglobeandmail.com

Closing Bell: Conifex Timber Inc down on Tuesday (CFF)

April 24, 2023 | thetimes.co.uk

Would you live in a timber home?

April 24, 2023 | finance.yahoo.com

Conifex Announces Chief Financial Officer Transition

April 13, 2023 | theglobeandmail.com

Closing Bell: Conifex Timber Inc down on Wednesday (CFF)

April 12, 2023 | finance.yahoo.com

Conifex Files Claims Against Province of British Columbia and British Columbia Hydro and Power Authority

April 12, 2023 | finance.yahoo.com

Conifex Files Claims Against Province of British Columbia and British Columbia Hydro and Power Authority

April 11, 2023 | finance.yahoo.com

Conifex Announces First Quarter 2023 Results Conference Call

April 11, 2023 | theglobeandmail.com

Closing Bell: Conifex Timber Inc flat on Monday (CFF)

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Today: 12/05/2023
Next Earnings (Estimated): 3/13/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Lumber & Wood Production
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:CFF
CUSIP: N/A
CIK: N/A
Web: www.conifex.com
Phone: +1-778-3318687
Fax: N/A
Employees: 287
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$1.13
High Stock Price Target: C$1.50
Low Stock Price Target: C$0.75
Potential Upside/Downside: +90.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.64)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 19.65
P/E Growth: 0.06
Net Income: C$-25,460,000.00
Net Margins: -19.21%
Pretax Margin: N/A
Return on Equity: -18.96%
Return on Assets: -10.59%

Debt

Debt-to-Equity Ratio: 53.74
Current Ratio: 1.60
Quick Ratio: 0.91

Sales & Book Value

Annual Sales: C$132.58 million
Price / Sales: 0.18
Cash Flow: C$0.20 per share
Price / Cash Flow: 3.02
Book Value: C$3.04 per share
Price / Book: 0.19

Miscellaneous

Outstanding Shares: 40,350,000
Free Float: N/A
Market Cap: C$23.81 million
Optionable: Not Optionable
Beta: 1.67

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Key Executives

Mr. Kenneth A. Shields (Age 74)
Chairman & CEO
Comp: $920.99k
Mr. Andrew McLellan
President & COO
Mr. Trevor Pruden
Chief Financial Officer

Key Competitors

View All Competitors

CFF Stock Analysis - Frequently Asked Questions

Should I buy or sell Conifex Timber stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Conifex Timber in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CFF shares.
View CFF analyst ratings or view top-rated stocks.
What is Conifex Timber's stock price target for 2024?: 2 brokerages have issued 1 year price objectives for Conifex Timber's shares. Their CFF share price targets range from C$0.75 to C$1.50. On average, they predict the company's share price to reach C$1.13 in the next twelve months. This suggests a possible upside of 90.7% from the stock's current price.
View analysts price targets for CFF or view top-rated stocks among Wall Street analysts.
How have CFF shares performed in 2023?: Conifex Timber's stock was trading at C$1.65 at the beginning of 2023. Since then, CFF stock has decreased by 64.2% and is now trading at C$0.59.
View the best growth stocks for 2023 here.
When is Conifex Timber's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 13th 2024.
View our CFF earnings forecast.

How were Conifex Timber's earnings last quarter?: Conifex Timber Inc. (TSE:CFF) announced its earnings results on Tuesday, November, 7th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.18) by $0.02. The business had revenue of $38.70 million for the quarter. Conifex Timber had a negative trailing twelve-month return on equity of 18.96% and a negative net margin of 19.21%.
What other stocks do shareholders of Conifex Timber own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Conifex Timber investors own include Virtus Stone Harbor Emerging Markets Income Fund (EDF), Canfor (CFP), Western Forest Products (WEF), PIMCO High Income Fund (PHK), BlackRock Capital Investment (BKCC), Aurora Cannabis (ACB), Altius Minerals (ALS), B2Gold (BTO), Bellatrix Exploration (BXE) and Cameco (CCO).
How do I buy shares of Conifex Timber?: Shares of CFF 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.
Compare Top Brokerages Here.

This page (TSE:CFF) was last updated on 12/6/2023 by MarketBeat.com Staff

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Conifex Timber Stock Price, News & Analysis (TSE:CFF)

Conifex Timber MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

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 Conifex Timber Stock (TSE:CFF)

CFF Stock Price History

CFF Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

CFF Stock Analysis - Frequently Asked Questions

Overall MarketRank^™