Interfor (TSE:IFP) Hits New 1-Year Low at $15.62

Interfor Co. (TSE:IFPGet Free Report)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as C$15.62 and last traded at C$15.62, with a volume of 23197 shares trading hands. The stock had previously closed at C$16.09.

Analysts Set New Price Targets

A number of research firms have recently commented on IFP. Scotiabank dropped their price target on shares of Interfor from C$29.00 to C$26.00 and set an “outperform” rating on the stock in a research report on Monday, May 13th. CIBC dropped their price target on shares of Interfor from C$24.00 to C$22.00 and set an “outperform” rating on the stock in a research report on Monday, May 13th. BMO Capital Markets dropped their price target on shares of Interfor from C$29.00 to C$27.00 in a research report on Wednesday, April 17th. Royal Bank of Canada dropped their price target on shares of Interfor from C$28.00 to C$27.00 and set an “outperform” rating on the stock in a research report on Monday, May 13th. Finally, TD Securities dropped their price target on shares of Interfor from C$25.00 to C$24.00 and set a “buy” rating on the stock in a research report on Tuesday, May 14th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, Interfor has a consensus rating of “Buy” and an average price target of C$26.00.

Check Out Our Latest Report on Interfor

Interfor Price Performance

The stock’s 50-day moving average is C$17.54 and its 200-day moving average is C$19.51. The firm has a market cap of C$790.79 million, a P/E ratio of -2.65 and a beta of 2.64. The company has a quick ratio of 1.15, a current ratio of 2.06 and a debt-to-equity ratio of 60.58.

Interfor (TSE:IFPGet Free Report) last announced its earnings results on Thursday, May 9th. The company reported C($1.42) earnings per share (EPS) for the quarter. Interfor had a negative return on equity of 16.24% and a negative net margin of 9.05%. The company had revenue of C$813.20 million for the quarter. As a group, equities analysts anticipate that Interfor Co. will post 2.8616667 EPS for the current fiscal year.

Insider Buying and Selling at Interfor

In other Interfor news, Director Ian Fillinger purchased 3,100 shares of the stock in a transaction on Wednesday, June 26th. The shares were purchased at an average price of C$16.30 per share, with a total value of C$50,530.00. Insiders own 0.97% of the company’s stock.

Interfor Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Interfor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Interfor and related companies with MarketBeat.com's FREE daily email newsletter.