Q4 EPS Estimate for Canfor Pulp Products Boosted by Analyst

Canfor Pulp Products Inc. (TSE:CFX) – Stock analysts at Scotiabank lifted their Q4 2024 earnings per share estimates for Canfor Pulp Products in a research report issued on Tuesday, January 21st. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings per share of ($0.09) for the quarter, up from their previous estimate of ($0.12). The consensus estimate for Canfor Pulp Products’ current full-year earnings is $0.12 per share.

Canfor Pulp Products (TSE:CFX) last released its quarterly earnings results on Friday, October 25th. The company reported C($0.03) EPS for the quarter, topping the consensus estimate of C($0.10) by C$0.07. Canfor Pulp Products had a negative return on equity of 16.16% and a negative net margin of 6.98%. During the same period last year, the company earned ($0.55) earnings per share.

Separately, Royal Bank of Canada dropped their price target on Canfor Pulp Products from C$1.25 to C$1.00 and set a “sector perform” rating for the company in a research report on Friday, December 20th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, Canfor Pulp Products has an average rating of “Hold” and a consensus target price of C$1.65.

Canfor Pulp Products Trading Up 2.5 %

CFX opened at C$0.83 on Thursday. The firm has a market cap of C$54.14 million, a P/E ratio of -0.68, a P/E/G ratio of -25.62 and a beta of 1.33. Canfor Pulp Products has a 12 month low of C$0.67 and a 12 month high of C$1.83. The company has a current ratio of 0.90, a quick ratio of 0.73 and a debt-to-equity ratio of 32.11. The stock has a 50-day moving average of C$0.82 and a 200 day moving average of C$0.90.

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.