Western Forest Products (WEF) Scheduled to Post Quarterly Earnings on Tuesday

Western Forest Products (TSE:WEFGet Free Report) is set to post its quarterly earnings results after the market closes on Tuesday, February 13th. Analysts expect Western Forest Products to post earnings of C($0.08) per share for the quarter.

Western Forest Products Stock Down 1.5 %

Shares of TSE:WEF opened at C$0.64 on Friday. The company has a current ratio of 3.05, a quick ratio of 0.73 and a debt-to-equity ratio of 14.39. The firm has a market cap of C$202.72 million, a price-to-earnings ratio of -2.78, a PEG ratio of 0.32 and a beta of 1.91. The stock’s 50-day moving average price is C$0.69 and its two-hundred day moving average price is C$0.79. Western Forest Products has a 12-month low of C$0.63 and a 12-month high of C$1.35.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. TD Securities lowered their target price on shares of Western Forest Products from C$0.85 to C$0.80 and set a “hold” rating for the company in a report on Thursday, November 9th. Scotiabank set a C$0.80 price objective on shares of Western Forest Products and gave the company a “sector perform” rating in a research note on Monday, January 22nd. Raymond James cut their target price on Western Forest Products from C$0.85 to C$0.75 and set a “market perform” rating on the stock in a research report on Friday, October 20th. Royal Bank of Canada reduced their target price on Western Forest Products from C$1.00 to C$0.80 and set a “sector perform” rating on the stock in a report on Tuesday, December 19th. Finally, CIBC cut their price objective on Western Forest Products from C$0.85 to C$0.75 and set a “neutral” rating on the stock in a report on Friday, January 12th. Five research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of C$0.78.

Check Out Our Latest Stock Analysis on WEF

Western Forest Products Company Profile

(Get Free Report)

Western Forest Products Inc operates as an integrated forest products company in Canada, the United States, Japan, China, Europe, and internationally. The company is involved in the timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber activities.

See Also

Earnings History for Western Forest Products (TSE:WEF)

Receive News & Ratings for Western Forest Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Forest Products and related companies with MarketBeat.com's FREE daily email newsletter.