Western Forest Products Inc. (TSE:WEF – Free Report) – Research analysts at Scotiabank cut their FY2026 earnings per share (EPS) estimates for shares of Western Forest Products in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst B. Isaacson now forecasts that the company will post earnings of $0.05 per share for the year, down from their prior estimate of $0.06. The consensus estimate for Western Forest Products’ current full-year earnings is $0.00 per share.
Separately, TD Securities decreased their price objective on Western Forest Products from C$0.55 to C$0.50 and set a “hold” rating on the stock in a report on Friday, November 8th.
Western Forest Products Price Performance
Shares of TSE WEF opened at C$0.43 on Friday. The firm has a market cap of C$134.62 million, a P/E ratio of -3.04, a price-to-earnings-growth ratio of 0.32 and a beta of 1.81. The business’s 50 day moving average is C$0.44 and its 200-day moving average is C$0.46. The company has a current ratio of 2.97, a quick ratio of 0.73 and a debt-to-equity ratio of 18.43. Western Forest Products has a 1-year low of C$0.39 and a 1-year high of C$0.72.
Western Forest Products (TSE:WEF – Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The company reported C($0.06) EPS for the quarter, missing analysts’ consensus estimates of C($0.03) by C($0.03). The company had revenue of C$241.70 million during the quarter, compared to analyst estimates of C$242.00 million. Western Forest Products had a negative net margin of 4.13% and a negative return on equity of 7.64%.
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.
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