What is Raymond James’ Estimate for Canfor FY2025 Earnings?

Canfor Co. (TSE:CFP) – Stock analysts at Raymond James cut their FY2025 earnings estimates for shares of Canfor in a research note issued to investors on Monday, February 3rd. Raymond James analyst D. Swetlishoff now expects that the company will post earnings per share of ($0.94) for the year, down from their prior estimate of ($0.58). The consensus estimate for Canfor’s current full-year earnings is $0.40 per share.

A number of other equities research analysts have also recently commented on CFP. Scotiabank cut Canfor from a “hold” rating to a “strong sell” rating in a research report on Monday. BMO Capital Markets lowered Canfor from an “outperform” rating to a “market perform” rating in a research note on Friday, December 6th. Royal Bank of Canada decreased their price objective on Canfor from C$21.00 to C$19.00 and set an “outperform” rating on the stock in a report on Friday, December 20th. TD Securities dropped their price target on shares of Canfor from C$22.00 to C$21.00 and set a “buy” rating for the company in a research report on Tuesday, October 29th. Finally, CIBC decreased their target price on Canfor from C$21.00 to C$19.00 in a research note on Wednesday, January 15th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$20.33.

Canfor Price Performance

Shares of CFP stock opened at C$14.71 on Thursday. The stock’s 50-day simple moving average is C$15.67 and its 200-day simple moving average is C$15.84. Canfor has a fifty-two week low of C$13.53 and a fifty-two week high of C$18.38. The company has a debt-to-equity ratio of 11.97, a quick ratio of 2.14 and a current ratio of 1.99. The firm has a market capitalization of C$1.74 billion, a price-to-earnings ratio of -4.36 and a beta of 2.08.

Canfor Company Profile

Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates in two segments, Lumber, and Pulp and Paper. The company manufactures and sells softwood lumber, remanufactured lumber products, engineered wood, and other lumber-related products, as well as wood chips and pellets; and generates green energy.