What is Raymond James’ Forecast for Canfor FY2025 Earnings?

Canfor Co. (TSE:CFP) – Investment analysts at Raymond James reduced their FY2025 EPS estimates for shares of Canfor in a research report issued to clients and investors on Monday, February 3rd. Raymond James analyst D. Swetlishoff now anticipates that the company will post earnings of ($0.94) per share for the year, down from their prior forecast of ($0.58). The consensus estimate for Canfor’s current full-year earnings is $0.40 per share.

Other equities analysts also recently issued reports about the company. Royal Bank of Canada cut their target price on Canfor from C$21.00 to C$19.00 and set an “outperform” rating on the stock in a research report on Friday, December 20th. TD Securities cut their price objective on Canfor from C$22.00 to C$21.00 and set a “buy” rating for the company in a research report on Tuesday, October 29th. BMO Capital Markets lowered Canfor from an “outperform” rating to a “market perform” rating in a research note on Friday, December 6th. Scotiabank downgraded shares of Canfor from a “hold” rating to a “strong sell” rating in a report on Monday. Finally, CIBC reduced their target price on shares of Canfor from C$21.00 to C$19.00 in a research note on Wednesday, January 15th. One research analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$20.33.

Canfor Trading Down 0.3 %

Shares of TSE:CFP opened at C$14.66 on Thursday. The firm has a market capitalization of C$1.74 billion, a P/E ratio of -4.35 and a beta of 2.08. Canfor has a 1 year low of C$13.53 and a 1 year high of C$18.38. The company has a debt-to-equity ratio of 11.97, a current ratio of 1.99 and a quick ratio of 2.14. The business’s 50-day moving average is C$15.61 and its 200 day moving average is C$15.84.

Canfor Company Profile

Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates in two segments, Lumber, and Pulp and Paper. The company manufactures and sells softwood lumber, remanufactured lumber products, engineered wood, and other lumber-related products, as well as wood chips and pellets; and generates green energy.