West Fraser Timber (NYSE:WFG – Get Free Report) is projected to issue its Q2 2025 quarterly earnings data after the market closes on Wednesday, July 23rd. Analysts expect the company to announce earnings of $1.07 per share and revenue of $1.61 billion for the quarter.
West Fraser Timber (NYSE:WFG – Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.15). The business had revenue of $1.46 billion for the quarter, compared to analysts’ expectations of $1.53 billion. West Fraser Timber had a net margin of 0.03% and a return on equity of 0.99%. On average, analysts expect West Fraser Timber to post $4 EPS for the current fiscal year and $8 EPS for the next fiscal year.
West Fraser Timber Stock Down 2.2%
West Fraser Timber stock opened at $73.68 on Wednesday. The company has a market cap of $5.67 billion, a price-to-earnings ratio of -433.41 and a beta of 1.15. The firm’s fifty day moving average is $74.75 and its 200 day moving average is $78.19. West Fraser Timber has a 52-week low of $69.48 and a 52-week high of $102.40.
West Fraser Timber Dividend Announcement
Analysts Set New Price Targets
A number of research analysts have weighed in on WFG shares. Raymond James Financial cut their price objective on shares of West Fraser Timber from $105.00 to $90.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 22nd. Royal Bank Of Canada cut their price objective on shares of West Fraser Timber from $117.00 to $99.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 22nd. TD Securities cut their price objective on shares of West Fraser Timber from $99.00 to $98.00 and set a “buy” rating on the stock in a research report on Thursday, April 24th. Finally, Wall Street Zen upgraded shares of West Fraser Timber from a “sell” rating to a “hold” rating in a research report on Saturday, June 7th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, West Fraser Timber currently has an average rating of “Moderate Buy” and an average target price of $100.40.
Check Out Our Latest Research Report on West Fraser Timber
Hedge Funds Weigh In On West Fraser Timber
A hedge fund recently raised its stake in West Fraser Timber stock. Goldman Sachs Group Inc. lifted its position in shares of West Fraser Timber Co. Ltd. (NYSE:WFG – Free Report) by 3.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 230,878 shares of the company’s stock after purchasing an additional 6,640 shares during the quarter. Goldman Sachs Group Inc. owned 0.30% of West Fraser Timber worth $17,764,000 as of its most recent SEC filing. Institutional investors and hedge funds own 40.23% of the company’s stock.
About West Fraser Timber
West Fraser Timber Co Ltd., a diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals and renewable energy. It offers spruce-pine-fir, douglas fir-larch, hem-fir, and southern yellow pine lumber, treated wood products, medium density fiberboard panels and plywood, oriented strand board, and laminated veneer lumber wood products, as well as particleboards.
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