Scotiabank Weighs in on Canfor’s FY2025 Earnings (TSE:CFP)

Canfor Co. (TSE:CFP) – Scotiabank reduced their FY2025 earnings estimates for Canfor in a research report issued to clients and investors on Monday, March 10th. Scotiabank analyst B. Isaacson now expects that the company will earn ($0.06) per share for the year, down from their previous forecast of $0.03. Scotiabank has a “Strong Sell” rating on the stock. The consensus estimate for Canfor’s current full-year earnings is $0.40 per share. Scotiabank also issued estimates for Canfor’s FY2026 earnings at $0.74 EPS.

A number of other equities research analysts have also recently weighed in on the company. CIBC cut their price target on Canfor from C$21.00 to C$19.00 in a report on Wednesday, January 15th. BMO Capital Markets cut Canfor from an “outperform” rating to a “market perform” rating in a report on Friday, December 6th. Raymond James dropped their target price on Canfor from C$28.00 to C$24.00 in a report on Thursday, January 30th. TD Securities decreased their price target on shares of Canfor from C$20.00 to C$19.00 and set a “buy” rating on the stock in a research report on Monday. Finally, Royal Bank of Canada decreased their price target on shares of Canfor from C$21.00 to C$19.00 and set an “outperform” rating on the stock in a research report on Friday, December 20th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Canfor presently has a consensus rating of “Moderate Buy” and a consensus target price of C$20.00.

Canfor Stock Performance

CFP opened at C$14.73 on Wednesday. The business’s 50 day moving average is C$15.10 and its 200-day moving average is C$15.84. The stock has a market cap of C$1.77 billion, a PE ratio of -2.45 and a beta of 2.08. The company has a current ratio of 2.19, a quick ratio of 2.14 and a debt-to-equity ratio of 21.94. Canfor has a twelve month low of C$13.53 and a twelve month high of C$18.38.

Canfor Company Profile

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.