Analysts Offer Predictions for TSE:WEF FY2025 Earnings

Western Forest Products Inc. (TSE:WEF) – Investment analysts at Raymond James Financial boosted their FY2025 earnings per share estimates for Western Forest Products in a research note issued on Wednesday, October 15th. Raymond James Financial analyst D. Swetlishoff now anticipates that the company will earn ($3.97) per share for the year, up from their previous estimate of ($4.05). The consensus estimate for Western Forest Products’ current full-year earnings is $0.00 per share. Raymond James Financial also issued estimates for Western Forest Products’ FY2026 earnings at ($3.60) EPS.

Separately, Scotiabank boosted their price target on Western Forest Products to C$15.00 in a research report on Friday, August 1st. Three research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of C$13.38.

Western Forest Products Stock Performance

Western Forest Products stock opened at C$12.12 on Monday. The firm has a market capitalization of C$127.96 million, a P/E ratio of -5.40, a PEG ratio of 0.32 and a beta of 0.65. The stock has a fifty day moving average price of C$12.49 and a 200 day moving average price of C$12.20. Western Forest Products has a 52 week low of C$10.80 and a 52 week high of C$16.50. The company has a current ratio of 3.04, a quick ratio of 0.73 and a debt-to-equity ratio of 19.61.

Insider Transactions at Western Forest Products

In other news, Director Elizabeth Kernaghan purchased 7,400 shares of the stock in a transaction on Wednesday, September 10th. The stock was purchased at an average price of C$12.20 per share, with a total value of C$90,280.00. Following the completion of the transaction, the director owned 1,653,500 shares in the company, valued at approximately C$20,172,700. The trade was a 0.45% increase in their ownership of the stock. Also, insider Kernwood Limited purchased 7,400 shares of the stock in a transaction on Wednesday, September 10th. The shares were purchased at an average cost of C$12.20 per share, with a total value of C$90,280.00. Following the transaction, the insider owned 1,653,500 shares of the company’s stock, valued at C$20,172,700. This trade represents a 0.45% increase in their position. In the last three months, insiders have acquired 147,200 shares of company stock valued at $1,796,800. 0.67% of the stock is owned by company insiders.

About Western Forest Products

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.