Scotiabank Issues Pessimistic Forecast for TSE:WFG Earnings

West Fraser Timber Co. Ltd. (TSE:WFG) – Research analysts at Scotiabank dropped their FY2026 EPS estimates for West Fraser Timber in a research note issued to investors on Wednesday, July 15th. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings of ($4.95) per share for the year, down from their prior forecast of ($4.86). The consensus estimate for West Fraser Timber’s current full-year earnings is $8.12 per share.

A number of other brokerages also recently weighed in on WFG. Raymond James Financial downgraded shares of West Fraser Timber from a “moderate buy” rating to a “hold” rating in a report on Thursday, April 23rd. Canadian Imperial Bank of Commerce dropped their target price on shares of West Fraser Timber from C$102.00 to C$100.00 in a research report on Friday, May 1st. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, West Fraser Timber currently has an average rating of “Hold” and an average target price of C$96.50.

West Fraser Timber Stock Performance

WFG opened at C$91.67 on Monday. The company has a debt-to-equity ratio of 9.37, a current ratio of 1.84 and a quick ratio of 2.10. The company has a market capitalization of C$7.18 billion, a price-to-earnings ratio of -6.14 and a beta of 1.13. The business has a 50 day moving average price of C$93.51 and a two-hundred day moving average price of C$92.07. West Fraser Timber has a 1-year low of C$80.38 and a 1-year high of C$106.41.

West Fraser Timber (TSE:WFG) last posted its quarterly earnings data on Wednesday, April 29th. The company reported C($3.35) earnings per share for the quarter. The company had revenue of C$1.86 billion during the quarter. West Fraser Timber had a negative return on equity of 23.22% and a negative net margin of 22.93%.

West Fraser Timber Company Profile

West Fraser is a diversified wood products company with more than 50 facilities in Canada , the United States , the United Kingdom , and Europe , which promotes sustainable forest practices in its operations. The Company produces lumber, engineered wood products (OSB, LVL, MDF, plywood, and particleboard), northern bleached softwood kraft pulp, paper, wood chips, and other residuals. West Fraser’s products are used in home construction, repair and remodelling, industrial applications, papers and tissue.