TSE:IFP

Interfor (IFP) Stock Price, News & Analysis

C$18.08
-0.39 (-2.11%)
(As of 05/17/2024 ET)
Today's Range
C$17.82
C$18.59
50-Day Range
C$17.47
C$22.04
52-Week Range
C$16.78
C$26.31
Volume
282,475 shs
Average Volume
171,090 shs
Market Capitalization
C$930.22 million
P/E Ratio
N/A
Dividend Yield
12.47%
Price Target
C$26.00

Interfor MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
43.8% Upside
C$26.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.22mentions of Interfor in the last 14 days
Based on 18 Articles This Week
Insider Trading
Acquiring Shares
C$100,038 Bought Last Quarter
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.

3.61 out of 5 stars

IFP stock logo

About Interfor Stock (TSE:IFP)

Interfor Corp is a Canadian forest products company that operates in Canada and the United States. The company was founded in 1963 and is headquartered in Vancouver, British Columbia. It operates in British Columbia, Alberta, Quebec, Washington State and Oregon. The company produces and sells wood products to North America, Asia and Europe customers. Interfor Corp commits to sustainable forestry practices and is recognized for its leadership in responsible forest management. In 2021, the company was named one of Canada's Top 100 Employers for the fifth year.

The current CEO of Interfor Corp is Daniel Kraft, who assumed the role in 2023. Kraft grew up around the forest products industry and has been a full-time manager at IFP since 1997. Under his leadership, Kraft intends to push IFP aggressively down a path of growth and diversification. 

Interfor Corp has been experiencing solid financial performance in recent years. The company's profit margins have also been strong. Debt levels have increased. Interfor Corp's stock performance has been on the rise in recent years. The company's ownership structure has remained stable, with the founding family holding a significant stake.

Interfor Corp operates in the forest products industry, which has experienced consolidation in recent years. As a result, the industry is highly cyclical and is sensitive to changes in housing construction and consumer demand for wood products. The industry is also subject to regulatory and political issues, particularly concerning forest management practices and international trade.

Interfor Corp's primary competitors include Canfor Corporation, West Fraser Timber Co. Ltd. and Resolute Forest Products Inc. The company's strong reputation for sustainable forest management practices distinguishes it from competitors. However, the industry faces challenges from a changing climate, leading to an increased risk of wildfires and disease outbreaks in forests.

Interfor Corp identified several opportunities in the coming years. First, the company invests in new technologies to improve manufacturing processes and reduce costs. In 2022, the company acquired a sawmill in Georgia, increasing its production capacity.

Interfor Corp faces several potential risks and challenges in the coming years. One key risk is the potential impact of climate change on forest health and productivity. The company may also face challenges from changes in government regulations related to forest management practices and international trade. Additionally, the cyclical nature of the forest products industry means that Interfor Corp may be vulnerable to downturns in demand or price volatility. Finally, competition from other companies in the industry, particularly those with lower cost structures, is another potential challenge for Interfor Corp.

Despite these risks, Interfor Corp has several strategies to mitigate potential challenges. The company focuses on sustainable forest management practices, which positions it well to navigate changing regulations and consumer preferences. It's also focused on operational efficiency and cost management, which will help improve its industry competitiveness. Finally, the company's focus on growth opportunities, such as product diversification and expansion into new markets, will ensure its long-term success.

IFP Stock Price History

IFP Stock News Headlines

Interfor (TSE:IFP) Price Target Cut to C$24.00
Interfor (TSE:IFP) Price Target Cut to C$26.00
Interfor (TSE:IFP) Price Target Cut to C$27.00
CIBC Cuts Interfor (TSE:IFP) Price Target to C$22.00
Interfor Corporation: Interfor Reports Q4'23 Results
Canadian Stocks Down In Negative Territory As U.S. Inflation Data Weighs
Interfor Insiders Placed Bullish Bets Worth CA$1.55m
Interfor Corp IFP
Interfor Renews Normal Course Issuer Bid
Interfor Reports Q3’23 Results
Interfor: Top 10 Undervalued Small Cap Stocks on TSX (IFP)
Interfor Corp (IFP)
Interfor Corporation: Interfor Reports Q2'23 Results
Closing Bell: Interfor Corp up on Monday (IFP)
See More Headlines
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Company Calendar

Today
5/18/2024
Next Earnings (Estimated)
8/01/2024

Industry, Sector and Symbol

Industry
Lumber & Wood Production
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
5,390
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$26.00
High Stock Price Target
C$30.00
Low Stock Price Target
C$22.00
Potential Upside/Downside
+43.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
C$-298,400,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$3.30 billion
Cash Flow
C$2.12 per share
Book Value
C$32.84 per share

Miscellaneous

Free Float
N/A
Market Cap
C$930.22 million
Optionable
Not Optionable
Beta
2.64
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Key Executives

  • Mr. Ian M. Fillinger (Age 55)
    President, CEO & Director
    Comp: $1.85M
  • Mr. Richard A. Pozzebon (Age 45)
    Executive VP & CFO
    Comp: $996.38k
  • Mr. Tim P. Hartnett
    Senior Vice President of Human Resources
  • Mr. Andrew L. Horahan
    Executive Vice President of Canadian Operations
  • Mr. Simon Bruce Luxmoore
    Executive Vice President of U.S. Operations
  • Ms. Xenia Kritsos
    General Counsel & Corporate Secretary
  • Mr. J. Barton Bender
    Senior Vice President of Sales & Marketing
  • Mike Mackay
    Vice President of Corporate Development & Strategy

IFP Stock Analysis - Frequently Asked Questions

Should I buy or sell Interfor stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Interfor in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" IFP shares.
View IFP analyst ratings
or view top-rated stocks.

What is Interfor's stock price target for 2024?

5 brokerages have issued twelve-month target prices for Interfor's shares. Their IFP share price targets range from C$22.00 to C$30.00. On average, they expect the company's stock price to reach C$26.00 in the next year. This suggests a possible upside of 43.8% from the stock's current price.
View analysts price targets for IFP
or view top-rated stocks among Wall Street analysts.

How have IFP shares performed in 2024?

Interfor's stock was trading at C$23.48 at the start of the year. Since then, IFP stock has decreased by 23.0% and is now trading at C$18.08.
View the best growth stocks for 2024 here
.

When is Interfor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our IFP earnings forecast
.

What other stocks do shareholders of Interfor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Interfor investors own include Intelsat (I), Air Canada (AC), Bank of America (BAC), Associated British Foods (ABF), Chaarat Gold (CGH), Fossil Group (FOSL), AMC Entertainment (AMC), First Data (FDC), Ciena (CIEN) and Apollo Global Management (APO).

How do I buy shares of Interfor?

Shares of IFP 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:IFP) was last updated on 5/19/2024 by MarketBeat.com Staff

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