What is Scotiabank’s Estimate for Interfor Q4 Earnings?

Interfor Co. (TSE:IFP) – Scotiabank issued their Q4 2024 EPS estimates for Interfor in a research note issued to investors on Monday, November 11th. Scotiabank analyst B. Isaacson expects that the company will post earnings of ($0.97) per share for the quarter. Scotiabank has a “Outperform” rating and a $24.00 price objective on the stock. The consensus estimate for Interfor’s current full-year earnings is $2.86 per share.

IFP has been the subject of a number of other reports. Raymond James upgraded Interfor from an “outperform” rating to a “strong-buy” rating and lifted their target price for the company from C$26.00 to C$30.00 in a research note on Tuesday, October 22nd. Cibc World Mkts lowered Interfor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 18th. BMO Capital Markets dropped their target price on Interfor from C$27.00 to C$24.00 and set a “strong-buy” rating on the stock in a research report on Tuesday, July 23rd. TD Securities reduced their price target on shares of Interfor from C$23.00 to C$22.00 in a report on Friday, November 8th. Finally, CIBC increased their price objective on shares of Interfor from C$22.00 to C$23.00 in a report on Friday, November 8th. Three analysts have rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$24.50.

Interfor Price Performance

Shares of TSE:IFP opened at C$19.47 on Wednesday. The company has a market cap of C$1.00 billion, a PE ratio of -2.78 and a beta of 2.54. Interfor has a fifty-two week low of C$15.35 and a fifty-two week high of C$26.00. The firm has a 50-day simple moving average of C$19.39 and a 200 day simple moving average of C$18.03. The company has a quick ratio of 1.15, a current ratio of 2.02 and a debt-to-equity ratio of 62.31.

Interfor Company Profile

Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally. It offers decking, fascia and board, framing, v-joint paneling, fineline paneling, and siding products, as well as appearance, structural, studs, timbers, and machine stress related products.