West Fraser Timber Co., Ltd (NYSE: WFG) is -15.32% lower on its value in year-to-date trading and has touched a low of $69.48 and a high of $102.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WFG stock was last observed hovering at around $73.29 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $73.29, the stock is -2.54% and -5.54% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.11 million and changing 0.00% at the moment leaves the stock -15.30% off its SMA200. WFG registered -5.95% loss for a year compared to 6-month loss of -27.41%. The firm has a 50-day simple moving average (SMA 50) of $77.5894 and a 200-day simple moving average (SMA200) of $86.5322.
The stock witnessed a -5.41% gain in the last 1 month and extending the period to 3 months gives it a -17.36%, and is -1.32% down 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 2.38% over the week and 3.33% over the month.
West Fraser Timber Co., Ltd (WFG) has around 9700 employees, a market worth around $5.83B and $6.17B in sales. Fwd P/E is 10.06. Profit margin for the company is -0.08%. Distance from 52-week low is 5.48% and -28.43% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.07%).
with sales reaching $1.52B over the same period.The EPS is expected to grow by 3183.39% this year, but quarterly earnings will post 3.41% year-over-year. Quarterly sales are estimated to shrink -6.57% in year-over-year returns.
422.0 institutions hold shares in West Fraser Timber Co., Ltd (WFG), with institutional investors hold 74.43% of the company’s shares. The shares outstanding are 77.71M, and float is at 52.70M with Short Float at 1.64%. Institutions hold 50.70% 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 3.3468 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.
