Canfor Pulp Products Inc. (TSE:CFX – Free Report) – Research analysts at Raymond James lowered their FY2024 earnings estimates for shares of Canfor Pulp Products in a research report issued to clients and investors on Monday, October 21st. Raymond James analyst D. Swetlishoff now expects that the company will earn ($0.33) per share for the year, down from their previous forecast of ($0.24). Raymond James currently has a “Outperform” rating and a $2.75 target price on the stock. The consensus estimate for Canfor Pulp Products’ current full-year earnings is $0.12 per share. Raymond James also issued estimates for Canfor Pulp Products’ FY2025 earnings at ($0.18) EPS.
Canfor Pulp Products (TSE:CFX – Get Free Report) last announced its quarterly earnings results on Thursday, July 25th. The company reported C($0.10) EPS for the quarter, missing the consensus estimate of C($0.05) by C($0.05). Canfor Pulp Products had a negative return on equity of 16.16% and a negative net margin of 6.98%. The business had revenue of C$220.00 million for the quarter, compared to analyst estimates of C$229.00 million.
Read Our Latest Stock Analysis on Canfor Pulp Products
Canfor Pulp Products Stock Performance
Shares of CFX opened at C$0.97 on Thursday. The company’s fifty day moving average is C$0.92 and its 200-day moving average is C$1.17. Canfor Pulp Products has a 12 month low of C$0.80 and a 12 month high of C$2.01. The firm has a market cap of C$63.27 million, a price-to-earnings ratio of -0.80, a price-to-earnings-growth ratio of -25.62 and a beta of 1.33. The company has a quick ratio of 0.73, a current ratio of 0.90 and a debt-to-equity ratio of 32.11.
Canfor Pulp Products Company Profile
Canfor Pulp Products Inc, together with its subsidiaries, produces and supplies pulp and paper products in Canada, Europe, Asia, the United States, and internationally. It operates in two segments, Pulp and Paper. The company offers solid wood; bleached and unbleached softwood kraft pulps; and bleached, unbleached, and colored kraft papers.
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