Scotiabank Raises Earnings Estimates for West Fraser Timber

West Fraser Timber Co. Ltd. (TSE:WFG) – Research analysts at Scotiabank lifted their FY2026 earnings per share estimates for West Fraser Timber in a report issued on Friday, April 17th. Scotiabank analyst B. Isaacson now expects that the company will earn ($1.56) per share for the year, up from their prior forecast of ($1.64). The consensus estimate for West Fraser Timber’s current full-year earnings is $8.12 per share.

West Fraser Timber (TSE:WFG) last announced its quarterly earnings results on Wednesday, February 11th. The company reported C($13.05) earnings per share (EPS) for the quarter. The business had revenue of C$1.51 billion during the quarter. West Fraser Timber had a negative net margin of 20.63% and a negative return on equity of 18.45%.

WFG has been the subject of a number of other reports. TD Securities upped their price target on West Fraser Timber from C$88.00 to C$93.00 in a report on Wednesday, January 21st. Canadian Imperial Bank of Commerce upped their price target on West Fraser Timber from C$96.00 to C$106.00 in a report on Friday, February 6th. Finally, Raymond James Financial raised West Fraser Timber from a “hold” rating to a “moderate buy” rating in a report on Wednesday, January 14th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$99.50.

West Fraser Timber Stock Performance

Shares of WFG opened at C$90.79 on Wednesday. The stock has a 50 day moving average price of C$90.56 and a 200 day moving average price of C$89.74. The company has a quick ratio of 2.10, a current ratio of 2.13 and a debt-to-equity ratio of 5.69. The company has a market capitalization of C$7.11 billion, a price-to-earnings ratio of -7.52 and a beta of 1.13. West Fraser Timber has a 52-week low of C$80.82 and a 52-week high of C$108.83.

West Fraser Timber Company Profile

West Fraser Timber CoLtd is a diversified wood products company with more than 60 facilities in Canada, the United States, the United Kingdom, and Europe. The Company produces lumber, engineered wood products (OSB, LVL, MDF, plywood, and particleboard), pulp, newsprint, wood chips, other residuals, and renewable energy. West Fraser’s products are used in home construction, repair and remodeling, industrial applications, papers, tissue, and box materials.