What is Scotiabank’s Estimate for TSE:WEF FY2025 Earnings?

Western Forest Products Inc. (TSE:WEF) – Scotiabank lowered their FY2025 earnings estimates for Western Forest Products in a note issued to investors on Monday, August 11th. Scotiabank analyst B. Isaacson now forecasts that the company will earn ($5.03) per share for the year, down from their prior estimate of ($2.60). The consensus estimate for Western Forest Products’ current full-year earnings is $0.00 per share. Scotiabank also issued estimates for Western Forest Products’ FY2026 earnings at ($4.17) EPS.

A number of other research analysts have also recently commented on the stock. TD Securities cut their price target on shares of Western Forest Products from C$16.50 to C$13.50 and set a “hold” rating on the stock in a report on Thursday, April 17th. Raymond James Financial upped their price target on shares of Western Forest Products to C$10.00 in a report on Friday, August 8th. Finally, Royal Bank Of Canada dropped their target price on shares of Western Forest Products from C$21.00 to C$15.00 and set a “sector perform” rating on the stock in a report on Tuesday, April 22nd.

Western Forest Products Trading Down 2.1%

TSE WEF opened at C$12.45 on Thursday. The company’s 50-day moving average price is C$12.22 and its 200-day moving average price is C$12.33. The company has a current ratio of 3.04, a quick ratio of 0.73 and a debt-to-equity ratio of 19.61. The stock has a market cap of C$3.94 billion, a PE ratio of -90.24, a PEG ratio of 0.32 and a beta of 1.81. Western Forest Products has a 12 month low of C$10.80 and a 12 month high of C$17.40.

Insider Transactions at Western Forest Products

In other Western Forest Products news, insider Kernwood Limited bought 211,883 shares of the company’s stock in a transaction on Wednesday, June 11th. The shares were bought at an average cost of C$11.70 per share, for a total transaction of C$2,479,031.10. In the last quarter, insiders have bought 248,382 shares of company stock worth $2,901,154. 0.67% of the stock is owned by corporate insiders.

Western Forest Products Company Profile

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.