TSE:CWX

CanWel Building Materials Group Ltd. (CWX.TO) Stock Forecast, Price & News

C$6.86

-0.36 (-4.99 %)

(As of 01/19/2021 12:00 AM ET)

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Today's Range

C$6.83

Now: C$6.86▼

C$7.25

50-Day Range

C$6.98

MA: C$7.44▼

C$7.78

52-Week Range

C$2.73

Now: C$6.86▼

C$7.90

Volume337,162 shs

Average Volume159,627 shs

Market CapitalizationC$534.64 million

P/E Ratio11.21

Dividend Yield6.65%

BetaN/A

CanWel Building Materials Group Ltd., through its subsidiaries, distributes building materials and home renovation products in Canada, Hawaii, and the Western United States. It operates through two segments, Distribution and Forestry. The company sells decking and railing; engineered wood products; fasteners and adhesives; foundation; insulation and wraps; interior finishing; lumber, plywood, OSB, and specialty industrial products; roofing products; treated wood; siding and trim products; and security products, as well as forms and reinforcement products. It also offers wood pressure treating services. In addition, the company is involved in the ownership and management of private timberlands and Crown forest licenses; logging and trucking operations; and post-peeling and pressure treating for the agricultural market. The company serves new home construction, home renovation, and industrial markets, as well as building materials industry, hardware stores, and industrial and furniture manufacturers. CanWel Building Materials Group Ltd. was founded in 1989 and is headquartered in Vancouver, Canada.

MarketRank^™

Overall MarketRank^™

1.46 out of 5 stars

1.4 Analyst's Opinion

Consensus Rating
CanWel Building Materials Group Ltd. (CWX.TO) has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$7.46, CanWel Building Materials Group Ltd. (CWX.TO) has a forecasted upside of 8.7% from its current price of C$6.86.
Amount of Analyst Coverage
CanWel Building Materials Group Ltd. (CWX.TO) has only been the subject of 3 research reports in the past 90 days.

3.0 Community Rank

Outperform Votes
CanWel Building Materials Group Ltd. (CWX.TO) has received 408 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CanWel Building Materials Group Ltd. (CWX.TO) has received 278 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CanWel Building Materials Group Ltd. (CWX.TO) has received 59.48% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about CanWel Building Materials Group Ltd. (CWX.TO) and other stocks. Vote “Outperform” if you believe CWX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CWX will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
CanWel Building Materials Group Ltd. (CWX.TO) is a leading dividend payer. It pays a dividend yield of 6.65%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
CanWel Building Materials Group Ltd. (CWX.TO) does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of CanWel Building Materials Group Ltd. (CWX.TO) is 88.24%. Payout ratios above 75% are not desirable because they may not be sustainable.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CanWel Building Materials Group Ltd. (CWX.TO) insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of CanWel Building Materials Group Ltd. (CWX.TO) is 11.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.15.
Price to Earnings Ratio vs. Sector
The P/E ratio of CanWel Building Materials Group Ltd. (CWX.TO) is 11.21, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 25.28.
Price to Book Value per Share Ratio
CanWel Building Materials Group Ltd. (CWX.TO) has a P/B Ratio of 1.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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Industry, Sector and Symbol

Stock Exchange TSE

Industry Building Materials

Sub-IndustryN/A

SectorBasic Materials

Current SymbolTSE:CWX

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.canwel.com

Phone+1-604-4321400

Employees1,232

Debt

Debt-to-Equity Ratio105.10

Current Ratio2.17

Quick Ratio1.05

Price-To-Earnings

Trailing P/E Ratio11.21

Forward P/E Ratio10.55

P/E GrowthN/A

Sales & Book Value

Annual SalesC$1.51 billion

Price / Sales0.36

Cash FlowC$0.05 per share

Price / Cash Flow139.62

Book ValueC$4.41 per share

Price / Book1.56

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares77,936,000

Market CapC$534.64 million

Next Earnings Date3/10/2021 (Estimated)

OptionableNot Optionable

C$6.86

-0.36 (-4.99 %)

(As of 01/19/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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CanWel Building Materials Group Ltd. (CWX.TO) (TSE:CWX) Frequently Asked Questions

How has CanWel Building Materials Group Ltd. (CWX.TO)'s stock price been impacted by Coronavirus?

CanWel Building Materials Group Ltd. (CWX.TO)'s stock was trading at C$4.24 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CWX shares have increased by 61.8% and is now trading at C$6.86.
View which stocks have been most impacted by COVID-19.

Is CanWel Building Materials Group Ltd. (CWX.TO) a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CanWel Building Materials Group Ltd. (CWX.TO) in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CanWel Building Materials Group Ltd. (CWX.TO) stock.
View analyst ratings for CanWel Building Materials Group Ltd. (CWX.TO) or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than CanWel Building Materials Group Ltd. (CWX.TO)?

Wall Street analysts have given CanWel Building Materials Group Ltd. (CWX.TO) a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but CanWel Building Materials Group Ltd. (CWX.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is CanWel Building Materials Group Ltd. (CWX.TO)'s next earnings date?

CanWel Building Materials Group Ltd. (CWX.TO) is scheduled to release its next quarterly earnings announcement on Wednesday, March 10th 2021.
View our earnings forecast for CanWel Building Materials Group Ltd. (CWX.TO).

How were CanWel Building Materials Group Ltd. (CWX.TO)'s earnings last quarter?

CanWel Building Materials Group Ltd. (CWX.TO) (TSE:CWX) issued its quarterly earnings results on Thursday, November, 5th. The company reported $0.40 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.22. The business had revenue of $472.17 million for the quarter, compared to the consensus estimate of $437.50 million.
View CanWel Building Materials Group Ltd. (CWX.TO)'s earnings history.

How often does CanWel Building Materials Group Ltd. (CWX.TO) pay dividends? What is the dividend yield for CanWel Building Materials Group Ltd. (CWX.TO)?

CanWel Building Materials Group Ltd. (CWX.TO) declared a quarterly dividend on Wednesday, December 30th. Investors of record on Friday, January 15th will be given a dividend of 0.12 per share on Friday, January 15th. This represents a $0.48 dividend on an annualized basis and a yield of 7.00%. The ex-dividend date is Wednesday, December 30th.
View CanWel Building Materials Group Ltd. (CWX.TO)'s dividend history.

Is CanWel Building Materials Group Ltd. (CWX.TO) a good dividend stock?

CanWel Building Materials Group Ltd. (CWX.TO) pays an annual dividend of C$0.54 per share and currently has a dividend yield of 6.65%. CWX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of CanWel Building Materials Group Ltd. (CWX.TO) is 88.24%. Payout ratios above 75% are not desirable because they may not be sustainable.
View CanWel Building Materials Group Ltd. (CWX.TO)'s dividend history.

What price target have analysts set for CWX?

4 equities research analysts have issued 1 year price objectives for CanWel Building Materials Group Ltd. (CWX.TO)'s stock. Their forecasts range from C$4.00 to C$9.00. On average, they expect CanWel Building Materials Group Ltd. (CWX.TO)'s share price to reach C$7.46 in the next year. This suggests a possible upside of 8.7% from the stock's current price.
View analysts' price targets for CanWel Building Materials Group Ltd. (CWX.TO) or view Wall Street analyst' top-rated stocks.

Who are some of CanWel Building Materials Group Ltd. (CWX.TO)'s key competitors?

Some companies that are related to CanWel Building Materials Group Ltd. (CWX.TO) include Breedon Group plc (BREE.L) (BREE), Polypipe Group plc (PLP.L) (PLP), Ibstock plc (IBST.L) (IBST), Tyman plc (TYMN.L) (TYMN), Forterra plc (FORT.L) (FORT), Volution Group plc (FAN.L) (FAN), Centrotec SE (CEV.F) (CEV), SigmaRoc plc (SRC.L) (SRC), PFB Co. (PFB.TO) (PFB), Brampton Brick (BBL.A), Michelmersh Brick Holdings plc (MBH.L) (MBH), The Alumasc Group plc (ALU.L) (ALU), CEMATRIX Co. (CVX.V) (CVX), Titon Holdings Plc (TON.L) (TON) and Samuel Heath & Sons plc (HSM.L) (HSM).
View all of CWX's competitors.

What other stocks do shareholders of CanWel Building Materials Group Ltd. (CWX.TO) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CanWel Building Materials Group Ltd. (CWX.TO) investors own include Inter Pipeline Ltd. (IPL.TO) (IPL), American Hotel Income Properties REIT (HOT.UN), Corus Entertainment (CJR.B), Superior Plus Corp. (SPB.TO) (SPB), Chemtrade Logistics Income Fund (CHE.UN), SNC-Lavalin Group Inc. (SNC.TO) (SNC), Cominar REIT (CUF.UN), Extendicare Inc. (EXE.TO) (EXE), Innergex Renewable Energy Inc. (INE.TO) (INE) and (STB.TO) (STB).

Who are CanWel Building Materials Group Ltd. (CWX.TO)'s key executives?

CanWel Building Materials Group Ltd. (CWX.TO)'s management team includes the following people:

Mr. Amardeip Singh Doman, Chairman & CEO
Mr. James S. Code CPA, CA., B.B.A., Chief Financial Officer
Mr. Stephen W. Marshall B.A., HBA, BA, VP of Treated Wood - CanWel Treating Division & Director
Mr. John Russell, Pres of CanWel US Division
Ali Mahdavi, Head of Investor Relations
Mr. R. S. Doman L.L.B., B.Comm, M.B.A., LL.B., Gen. Counsel & Corp. Sec. (Age 50)
Mr. Michel Walsh, Director of Products & Marketing
Julie Wong, Director of HR

What is CanWel Building Materials Group Ltd. (CWX.TO)'s stock symbol?

CanWel Building Materials Group Ltd. (CWX.TO) trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CWX."

How do I buy shares of CanWel Building Materials Group Ltd. (CWX.TO)?

Shares of CWX 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 is CanWel Building Materials Group Ltd. (CWX.TO)'s stock price today?

One share of CWX stock can currently be purchased for approximately C$6.86.

How big of a company is CanWel Building Materials Group Ltd. (CWX.TO)?

CanWel Building Materials Group Ltd. (CWX.TO) has a market capitalization of C$534.64 million and generates C$1.51 billion in revenue each year. CanWel Building Materials Group Ltd. (CWX.TO) employs 1,232 workers across the globe.

What is CanWel Building Materials Group Ltd. (CWX.TO)'s official website?

The official website for CanWel Building Materials Group Ltd. (CWX.TO) is www.canwel.com.

How can I contact CanWel Building Materials Group Ltd. (CWX.TO)?

CanWel Building Materials Group Ltd. (CWX.TO)'s mailing address is Suite 1100 - 1055 West Georgia Street, VANCOUVER, BC V6E 3P3, Canada. The company can be reached via phone at +1-604-4321400.

This page was last updated on 1/19/2021 by MarketBeat.com Staff

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