FY2024 EPS Forecast for Conifex Timber Increased by Analyst

Conifex Timber Inc. (TSE:CFF) – Equities researchers at Raymond James lifted their FY2024 earnings estimates for Conifex Timber in a research report issued on Monday, January 20th. Raymond James analyst D. Swetlishoff now expects that the company will post earnings of ($0.45) per share for the year, up from their prior estimate of ($0.67). The consensus estimate for Conifex Timber’s current full-year earnings is $0.03 per share. Raymond James also issued estimates for Conifex Timber’s FY2025 earnings at ($0.37) EPS and FY2026 earnings at ($0.17) EPS.

Conifex Timber Stock Down 9.1 %

CFF opened at C$0.30 on Wednesday. Conifex Timber has a fifty-two week low of C$0.21 and a fifty-two week high of C$1.14. The company has a debt-to-equity ratio of 73.11, a quick ratio of 0.91 and a current ratio of 1.85. The company has a fifty day moving average of C$0.37 and a two-hundred day moving average of C$0.39. The stock has a market capitalization of C$12.23 million, a price-to-earnings ratio of -0.43, a PEG ratio of 0.06 and a beta of 1.42.

Conifex Timber Company Profile

Conifex Timber Inc engages in the production, marketing, and sale of lumber products in the United States, Canada, and Japan. The company is also involved in the timber harvesting, reforestation, and forest management activities; manufacture, sale, and distribution of dimension lumber; processing logs into lumber and wood chips; and providing value added lumber finishing services.