What is Scotiabank’s Estimate for Canfor FY2025 Earnings?

Canfor Co. (TSE:CFP) – Research analysts at Scotiabank lowered their FY2025 earnings per share estimates for shares of Canfor in a research note issued to investors on Monday, March 10th. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings per share of ($0.06) for the year, down from their previous estimate of $0.03. Scotiabank 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.

CFP has been the subject of several other reports. BMO Capital Markets cut Canfor from an “outperform” rating to a “market perform” rating in a report on Friday, December 6th. Royal Bank of Canada dropped their price objective 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 lowered their price target on Canfor from C$21.00 to C$19.00 in a report on Wednesday, January 15th. Raymond James lowered their price target on Canfor from C$28.00 to C$24.00 in a report on Thursday, January 30th. Finally, TD Securities lowered their price target on Canfor from C$20.00 to C$19.00 and set a “buy” rating for the company in a report on Monday. One analyst has rated the stock with a sell rating, one has given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Canfor has a consensus rating of “Moderate Buy” and a consensus price target of C$20.00.

Canfor Stock Performance

TSE:CFP opened at C$15.39 on Wednesday. The stock has a market cap of C$1.85 billion, a P/E ratio of -2.56 and a beta of 2.08. The company has a current ratio of 2.19, a quick ratio of 2.14 and a debt-to-equity ratio of 21.94. The stock has a 50 day simple moving average of C$15.10 and a 200 day simple moving average of C$15.85. Canfor has a 1-year low of C$13.53 and a 1-year high of C$18.38.

Canfor Company Profile

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.