Canfor Pulp Products Inc. (TSE:CFX – Free Report) – Equities researchers at Raymond James lifted their FY2024 earnings per share (EPS) estimates for shares of Canfor Pulp Products in a research note issued on Sunday, October 27th. Raymond James analyst D. Swetlishoff now forecasts that the company will post earnings per share of ($0.29) for the year, up from their previous estimate of ($0.33). Raymond James has a “Outperform” rating and a $2.75 price target on the stock. The consensus estimate for Canfor Pulp Products’ current full-year earnings is $0.12 per share.
Several other equities analysts also recently weighed in on the company. Scotiabank cut their target price on Canfor Pulp Products from C$2.00 to C$1.50 and set a “sector perform” rating on the stock in a research report on Tuesday, July 30th. Royal Bank of Canada dropped their price objective on Canfor Pulp Products from C$1.50 to C$1.25 in a report on Thursday, July 11th. Finally, CIBC dropped their price objective on Canfor Pulp Products from C$1.75 to C$1.25 in a report on Thursday, July 18th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, Canfor Pulp Products has an average rating of “Hold” and an average target price of C$1.70.
Canfor Pulp Products Stock Down 4.0 %
Shares of CFX opened at C$0.96 on Wednesday. The company has a current ratio of 0.90, a quick ratio of 0.73 and a debt-to-equity ratio of 32.11. Canfor Pulp Products has a 12-month low of C$0.80 and a 12-month high of C$2.01. The business’s 50 day moving average is C$0.92 and its 200 day moving average is C$1.15. The company has a market capitalization of C$62.62 million, a PE ratio of -0.79, a price-to-earnings-growth ratio of -25.62 and a beta of 1.33.
Canfor Pulp Products Company Profile
Canfor Pulp Products Inc, together with its subsidiaries, produces and supplies pulp and paper products in Canada, Europe, Asia, the United States, and internationally. It operates in two segments, Pulp and Paper. The company offers solid wood; bleached and unbleached softwood kraft pulps; and bleached, unbleached, and colored kraft papers.
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