Raymond James Expects Increased Earnings for Conifex Timber

Conifex Timber Inc. (TSE:CFF) – Equities research analysts at Raymond James raised their FY2024 earnings per share (EPS) estimates for Conifex Timber in a report issued on Monday, January 20th. Raymond James analyst D. Swetlishoff now forecasts that the company will post earnings per share of ($0.45) for the year, up from their previous forecast 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 Performance

Shares of CFF stock opened at C$0.33 on Wednesday. The company has a market capitalization of C$13.45 million, a price-to-earnings ratio of -0.48, a price-to-earnings-growth ratio of 0.06 and a beta of 1.42. The company has a debt-to-equity ratio of 73.11, a quick ratio of 0.91 and a current ratio of 1.85. Conifex Timber has a one year low of C$0.21 and a one year high of C$1.14. The company’s 50-day moving average is C$0.37 and its 200 day moving average is C$0.40.

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.