Cormark Weighs in on Hardwoods Distribution Inc’s FY2018 Earnings (HWD)
Hardwoods Distribution Inc (TSE:HWD) – Stock analysts at Cormark issued their FY2018 earnings estimates for shares of Hardwoods Distribution in a note issued to investors on Thursday. Cormark analyst M. Macdougall anticipates that the firm will post earnings per share of $1.72 for the year.
Separately, Acumen Capital restated a “buy” rating and issued a C$22.75 price objective on shares of Hardwoods Distribution in a research note on Tuesday, October 18th.
Shares of Hardwoods Distribution (TSE:HWD) traded down 2.00% on Friday, reaching $17.65. 63,751 shares of the company were exchanged. The stock has a 50 day moving average of $18.80 and a 200-day moving average of $17.70. The company has a market capitalization of $376.09 million and a P/E ratio of 14.59. Hardwoods Distribution has a 52-week low of $15.06 and a 52-week high of $19.72.
About Hardwoods Distribution
Hardwoods Distribution Inc is a Canada-based company engaged in the wholesale distribution of hardwood lumber and related sheet good and specialty products. The Company operates through its Canada and United States segments. The Company, through its subsidiaries, is engaged in operating a network of over 30 distribution centers in Canada and the United States.
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