Interfor Co. (TSE:IFP – Free Report) – Equities researchers at Raymond James dropped their FY2025 earnings estimates for Interfor in a note issued to investors on Monday, February 3rd. Raymond James analyst D. Swetlishoff now anticipates that the company will earn ($1.34) per share for the year, down from their previous estimate of ($0.92). Raymond James currently has a “Strong-Buy” rating and a $26.00 target price on the stock. The consensus estimate for Interfor’s current full-year earnings is $2.86 per share.
A number of other equities analysts also recently issued reports on the stock. CIBC dropped their price objective on shares of Interfor from C$23.00 to C$22.00 in a research note on Wednesday, January 15th. TD Securities dropped their price objective on shares of Interfor from C$23.00 to C$22.00 in a report on Friday, November 8th. Finally, Royal Bank of Canada decreased their target price on shares of Interfor from C$27.00 to C$26.00 and set an “outperform” rating for the company in a research report on Friday, December 20th. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$24.00.
Interfor Price Performance
Shares of IFP stock opened at C$16.35 on Thursday. Interfor has a twelve month low of C$15.35 and a twelve month high of C$22.38. The stock has a fifty day simple moving average of C$17.75 and a two-hundred day simple moving average of C$18.27. The stock has a market capitalization of C$841.21 million, a price-to-earnings ratio of -2.34 and a beta of 2.54. The company has a current ratio of 2.02, a quick ratio of 1.15 and a debt-to-equity ratio of 62.31.
Interfor (TSE:IFP – Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The company reported C($2.05) earnings per share for the quarter, missing analysts’ consensus estimates of C($1.58) by C($0.47). Interfor had a negative net margin of 11.26% and a negative return on equity of 20.18%. During the same quarter in the prior year, the business posted ($0.82) EPS.
Insider Activity
In other news, Director Ian Fillinger acquired 3,150 shares of the firm’s stock in a transaction on Monday, December 30th. The shares were bought at an average price of C$16.29 per share, for a total transaction of C$51,304.05. Insiders own 0.94% of the company’s stock.
About Interfor
Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally. It offers decking, fascia and board, framing, v-joint paneling, fineline paneling, and siding products, as well as appearance, structural, studs, timbers, and machine stress related products.
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