Scotiabank Has Pessimistic View of TSE:WEF FY2026 Earnings

Western Forest Products Inc. (TSE:WEF) – Analysts at Scotiabank lowered their FY2026 earnings per share (EPS) estimates for shares of Western Forest Products in a research report issued to clients and investors on Tuesday, February 10th. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings of ($0.82) per share for the year, down from their prior forecast of $0.52. Scotiabank currently has a “Sector Perform” rating and a $18.00 target price on the stock. The consensus estimate for Western Forest Products’ current full-year earnings is $0.00 per share. Scotiabank also issued estimates for Western Forest Products’ FY2027 earnings at ($0.28) EPS.

Western Forest Products (TSE:WEF) last posted its quarterly earnings data on Tuesday, February 10th. The company reported C($1.55) earnings per share for the quarter. Western Forest Products had a negative net margin of 4.21% and a negative return on equity of 7.69%. The company had revenue of C$201.90 million for the quarter.

Several other equities analysts have also issued reports on the company. Raymond James Financial lifted their price target on Western Forest Products from C$10.00 to C$12.00 and gave the stock a “market perform” rating in a research report on Wednesday, February 4th. TD Securities lifted their target price on shares of Western Forest Products from C$14.00 to C$16.00 and gave the stock a “hold” rating in a report on Thursday. Four research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of C$15.25.

Western Forest Products Trading Down 2.1%

TSE WEF opened at C$14.15 on Friday. Western Forest Products has a 12 month low of C$10.16 and a 12 month high of C$17.28. The company has a current ratio of 3.04, a quick ratio of 0.73 and a debt-to-equity ratio of 19.61. The stock’s fifty day moving average price is C$12.94 and its 200-day moving average price is C$12.42. The stock has a market cap of C$149.40 million, a P/E ratio of -1.87, a P/E/G ratio of 0.32 and a beta of 1.02.

Western Forest Products Company Profile

Western Forest Products Inc is a Canada-based softwood forest products company. The company’s principal business activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber remanufacturing. Its operating business segment comprised of Timber harvesting, Log sales, and Lumber manufacturing and sales. The firm purchases and harvests logs which are then manufactured into lumber products at its sawmills, or sold. Canada and the United States, represent the company’s largest markets and contribute the vast majority of its total revenue.