Scotiabank Comments on Interfor’s FY2025 Earnings (TSE:IFP)

Interfor Co. (TSE:IFP) – Analysts at Scotiabank raised their FY2025 earnings per share estimates for shares of Interfor in a report issued on Tuesday, February 18th. Scotiabank analyst B. Isaacson now expects that the company will post earnings of $0.46 per share for the year, up from their prior forecast of $0.22. 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 research reports. CIBC dropped their price objective on Interfor from C$22.00 to C$20.00 in a report on Tuesday. Raymond James dropped their price objective on Interfor from C$30.00 to C$26.00 and set a “strong-buy” rating for the company in a report on Thursday, January 30th. Royal Bank of Canada dropped their price objective on Interfor from C$27.00 to C$26.00 and set an “outperform” rating for the company in a report on Friday, December 20th. Finally, TD Securities dropped their price objective on Interfor from C$23.00 to C$22.00 in a report on Friday, November 8th. Three analysts have rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$23.67.

Interfor Price Performance

IFP opened at C$16.57 on Friday. The business has a fifty day moving average of C$17.02 and a 200 day moving average of C$18.21. Interfor has a 52-week low of C$15.22 and a 52-week high of C$22.38. The company has a quick ratio of 1.15, a current ratio of 1.69 and a debt-to-equity ratio of 61.24. The stock has a market cap of C$858.09 million, a P/E ratio of -2.03 and a beta of 2.54.

Insider Transactions at Interfor

In related news, Director Ian Fillinger purchased 3,150 shares of Interfor stock in a transaction dated Monday, December 30th. The stock was purchased at an average cost of C$16.29 per share, with a total value of C$51,304.05. Corporate insiders own 0.94% of the company’s stock.

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.