Scotiabank Has Pessimistic View of Interfor FY2026 Earnings

Interfor Co. (TSE:IFP) – Equities researchers at Scotiabank cut their FY2026 earnings per share estimates for Interfor in a report issued on Tuesday, May 19th. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings of ($1.10) per share for the year, down from their prior estimate of ($1.02). Scotiabank currently has a “Outperform” rating and a $14.00 target price on the stock. The consensus estimate for Interfor’s current full-year earnings is $2.86 per share. Scotiabank also issued estimates for Interfor’s FY2027 earnings at $0.82 EPS.

Interfor (TSE:IFP) last released its earnings results on Thursday, May 14th. The company reported C($0.96) earnings per share (EPS) for the quarter. The company had revenue of C$643.20 million during the quarter. Interfor had a negative net margin of 13.73% and a negative return on equity of 28.72%.

A number of other research analysts have also issued reports on IFP. Royal Bank Of Canada dropped their target price on Interfor from C$14.00 to C$13.00 and set an “outperform” rating on the stock in a report on Thursday, April 16th. Canadian Imperial Bank of Commerce raised Interfor from a “strong sell” rating to a “hold” rating in a report on Friday, March 20th. Raymond James Financial lowered Interfor from a “strong-buy” rating to an “outperform” rating and dropped their price objective for the stock from C$14.00 to C$13.00 in a report on Friday, April 24th. TD dropped their price objective on Interfor from C$12.00 to C$10.00 and set a “hold” rating on the stock in a report on Tuesday. Finally, TD Securities upped their price objective on Interfor from C$11.00 to C$13.00 and gave the stock a “hold” rating in a report on Tuesday, February 17th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$11.83.

Interfor Trading Up 3.6%

TSE:IFP opened at C$9.14 on Thursday. The firm has a market cap of C$601.11 million, a P/E ratio of -1.40 and a beta of 1.70. The company has a current ratio of 2.12, a quick ratio of 1.15 and a debt-to-equity ratio of 77.13. The stock’s 50 day simple moving average is C$9.62 and its 200-day simple moving average is C$9.32. Interfor has a 12-month low of C$7.05 and a 12-month high of C$13.72.

Interfor Company Profile

Interfor Corp produces and sells lumber, timber, and other wood products. The company operates sawmills to convert timber into lumber, logs, wood chips, and other wood products for sale. The firm also harvests timber for its sawmills on forest land owned by the Canadian government. Interfor pays the Canadian government stumpage fees based on the number of trees it harvests. The company’s primary customers are in the construction and renovation industries. The majority of revenue is generated from the sale of lumber.