Raymond James Has Negative View of Interfor FY2025 Earnings

Interfor Co. (TSE:IFP) – Investment analysts at Raymond James reduced their FY2025 earnings per share estimates for Interfor in a report released on Monday, February 3rd. Raymond James analyst D. Swetlishoff now expects that the company will earn ($1.34) per share for the year, down from their previous estimate of ($0.92). Raymond James currently has a “Strong-Buy” rating and a $26.00 target price on the stock. The consensus estimate for Interfor’s current full-year earnings is $2.86 per share.

Interfor (TSE:IFP) last issued its quarterly earnings results on Wednesday, November 6th. The company reported C($2.05) earnings per share (EPS) for the quarter, missing the consensus estimate of C($1.58) by C($0.47). Interfor had a negative net margin of 11.26% and a negative return on equity of 20.18%. During the same period last year, the business earned ($0.82) earnings per share.

IFP has been the topic of a number of other reports. Royal Bank of Canada dropped their target price on shares of Interfor from C$27.00 to C$26.00 and set an “outperform” rating on the stock in a research note on Friday, December 20th. CIBC cut their price target on shares of Interfor from C$23.00 to C$22.00 in a research note on Wednesday, January 15th. Finally, TD Securities lowered their price objective on shares of Interfor from C$23.00 to C$22.00 in a report on Friday, November 8th. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$24.00.

Interfor Trading Down 1.4 %

TSE IFP opened at C$16.35 on Thursday. The business has a fifty day simple moving average of C$17.75 and a 200 day simple moving average of C$18.27. The firm has a market capitalization of C$841.21 million, a P/E ratio of -2.34 and a beta of 2.54. The company has a current ratio of 2.02, a quick ratio of 1.15 and a debt-to-equity ratio of 62.31. Interfor has a 12 month low of C$15.35 and a 12 month high of C$22.38.

Insider Activity at Interfor

In other news, Director Ian Fillinger purchased 3,150 shares of the company’s stock in a transaction that occurred on Monday, December 30th. The shares were bought at an average cost of C$16.29 per share, for a total transaction of C$51,304.05. 0.94% of the stock is owned by corporate insiders.

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.