Scotiabank Has Negative Outlook of TSE:WEF FY2026 Earnings

Western Forest Products Inc. (TSE:WEF) – Investment analysts at Scotiabank decreased their FY2026 earnings per share estimates for Western Forest Products in a research report issued on Monday, May 11th. Scotiabank analyst B. Isaacson now expects that the company will post earnings per share of ($3.56) for the year, down from their prior estimate of ($2.06). 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 $0.41 EPS.

Western Forest Products (TSE:WEF) last released its earnings results on Wednesday, May 6th. The company reported C($1.83) earnings per share (EPS) for the quarter. The firm had revenue of C$201.50 million for the quarter. Western Forest Products had a negative return on equity of 22.88% and a negative net margin of 12.23%.

Other research analysts have also issued reports about the company. Royal Bank Of Canada lifted their target price on Western Forest Products from C$13.00 to C$14.00 and gave the stock a “sector perform” rating in a report on Thursday, April 16th. TD Securities lifted their target price on Western Forest Products from C$14.00 to C$16.00 and gave the stock a “hold” rating in a report on Thursday, February 12th. Raymond James Financial lifted their target price on Western Forest Products from C$12.00 to C$13.50 and gave the stock a “market perform” rating in a report on Friday, February 20th. Finally, TD lifted their target price on Western Forest Products from C$16.00 to C$17.00 and gave the stock a “hold” rating in a report on Thursday, April 16th. Five equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Western Forest Products presently has an average rating of “Hold” and a consensus price target of C$15.70.

Western Forest Products Price Performance

TSE:WEF opened at C$13.88 on Wednesday. The business’s 50-day moving average price is C$14.19 and its 200 day moving average price is C$13.10. The firm has a market cap of C$146.55 million, a P/E ratio of -1.29, a PEG ratio of 0.32 and a beta of 0.24. Western Forest Products has a 52-week low of C$10.16 and a 52-week high of C$17.28. The company has a quick ratio of 0.73, a current ratio of 2.63 and a debt-to-equity ratio of 15.10.

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. 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.