West Fraser Timber Co., Ltd (NYSE: WFG) is 3.95% higher on its value in year-to-date trading and has touched a low of $73.91 and a high of $102.40 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WFG stock was last observed hovering at around $88.69 in the last trading session, with the day’s gains setting it 1.28%.
Currently trading at $89.97, the stock is 3.57% and -0.94% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.2 million and changing 1.44% at the moment leaves the stock 4.17% off its SMA200. WFG registered 9.63% gain for a year compared to 6-month gain of 14.10%. The firm has a 50-day simple moving average (SMA 50) of $90.8272 and a 200-day simple moving average (SMA200) of $86.37075.
The stock witnessed a 2.31% loss in the last 1 month and extending the period to 3 months gives it a -8.02%, and is 6.16% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.61% over the week and 2.51% over the month.
West Fraser Timber Co., Ltd (WFG) has around 10800 employees, a market worth around $7.22B and $6.28B in sales. Fwd P/E is 17.15. Profit margin for the company is -1.53%. Distance from 52-week low is 21.73% and -12.14% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.34%).
The EPS is expected to grow by 143.60% this year.
West Fraser Timber Co., Ltd (WFG) Top Institutional Holders
420.0 institutions hold shares in West Fraser Timber Co., Ltd (WFG), with institutional investors hold 72.41% of the company’s shares. The shares outstanding are 77.96M, and float is at 51.56M with Short Float at 1.26%. Institutions hold 47.90% of the Float.
The top institutional shareholder in the company is ROYAL BANK OF CANADA with over 3.07 million shares valued at $235.65 million. The investor’s holdings represent 3.7531% of the WFG Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.81 million shares valued at $215.84 million to account for 3.4376 of the shares outstanding. The other top investors are FIL LTD which holds 2.72 million shares representing 3.3275% and valued at over $208.74 million, while BANK OF MONTREAL /CAN/ holds 2.7624 of the shares totaling 2.26 million with a market value of $176.41 million.
West Fraser Timber Co., Ltd (WFG) Insider Activity
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