What is Scotiabank’s Estimate for Canfor FY2025 Earnings?

Canfor Co. (TSE:CFP) – Investment analysts at Scotiabank cut their FY2025 earnings per share estimates for shares of Canfor in a research note issued on Monday, March 10th. Scotiabank analyst B. Isaacson now expects that the company will post earnings of ($0.06) per share for the year, down from their previous forecast of $0.03. Scotiabank currently has a “Strong Sell” rating on the stock. The consensus estimate for Canfor’s current full-year earnings is $0.40 per share. Scotiabank also issued estimates for Canfor’s FY2026 earnings at $0.74 EPS.

A number of other brokerages have also commented on CFP. Royal Bank of Canada cut their price target on Canfor from C$21.00 to C$19.00 and set an “outperform” rating for the company in a report on Friday, December 20th. CIBC cut their price target on Canfor from C$21.00 to C$19.00 in a report on Wednesday, January 15th. Raymond James cut their target price on Canfor from C$28.00 to C$24.00 in a research note on Thursday, January 30th. BMO Capital Markets lowered Canfor from an “outperform” rating to a “market perform” rating in a research note on Friday, December 6th. Finally, TD Securities cut their target price on Canfor from C$20.00 to C$19.00 and set a “buy” rating for the company in a research note on Monday. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$20.00.

Canfor Stock Up 1.0 %

CFP opened at C$15.39 on Wednesday. The business has a 50 day moving average price of C$15.10 and a 200 day moving average price of C$15.85. Canfor has a twelve month low of C$13.53 and a twelve month high of C$18.38. The company has a debt-to-equity ratio of 21.94, a quick ratio of 2.14 and a current ratio of 2.19. The firm has a market cap of C$1.85 billion, a P/E ratio of -2.56 and a beta of 2.08.

About Canfor

Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates in two segments, Lumber, and Pulp and Paper. The company manufactures and sells softwood lumber, remanufactured lumber products, engineered wood, and other lumber-related products, as well as wood chips and pellets; and generates green energy.