Research Analysts Offer Predictions for Canfor Co.’s FY2025 Earnings (TSE:CFP)

Canfor Co. (TSE:CFP) – Research analysts at Raymond James raised their FY2025 EPS estimates for shares of Canfor in a note issued to investors on Friday, April 19th. Raymond James analyst D. Swetlishoff now anticipates that the company will post earnings per share of $1.02 for the year, up from their prior forecast of $0.94. Raymond James currently has a “Outperform” rating and a $23.00 price objective on the stock. The consensus estimate for Canfor’s current full-year earnings is $0.40 per share.

A number of other equities research analysts have also recently issued reports on CFP. TD Securities decreased their price objective on shares of Canfor from C$25.00 to C$22.00 and set a “buy” rating for the company in a report on Thursday, March 7th. Royal Bank of Canada decreased their price objective on shares of Canfor from C$22.00 to C$19.00 and set an “outperform” rating for the company in a report on Friday, April 19th. CIBC decreased their price objective on shares of Canfor from C$23.00 to C$22.00 in a report on Thursday, April 11th. BMO Capital Markets decreased their price objective on shares of Canfor from C$24.00 to C$22.00 in a report on Wednesday, April 17th. Finally, Scotiabank set a C$22.00 price objective on shares of Canfor and gave the stock a “sector perform” rating in a report on Monday, January 22nd. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Canfor currently has a consensus rating of “Moderate Buy” and an average price target of C$21.67.

Canfor Stock Up 0.6 %

CFP stock opened at C$14.30 on Monday. The firm has a market cap of C$1.70 billion, a PE ratio of -5.28 and a beta of 2.16. Canfor has a 1 year low of C$13.41 and a 1 year high of C$23.99. The company has a fifty day simple moving average of C$16.20 and a 200 day simple moving average of C$16.32. The company has a current ratio of 2.49, a quick ratio of 2.14 and a debt-to-equity ratio of 9.34.

Canfor (TSE:CFP) last issued its earnings results on Tuesday, March 5th. The company reported C($1.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.94) by C($0.12). The company had revenue of C$1.28 billion for the quarter. Canfor had a negative net margin of 6.01% and a negative return on equity of 7.71%.

About Canfor

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.