West Fraser Timber (TSX:WFG) has experienced a fade in recent share price momentum, despite earlier gains. The stock, currently around CA$81.36, shows negative returns over the past week, month, and three months, contrasting with a one-year total shareholder return of 18.73%. Simply Wall St's analysis suggests the stock is 23.4% undervalued, with a fair value estimate of CA$106.26, driven by anticipated long-term demand for renewable wood products and sustainable building practices.
West Fraser Timber (NYSE:WFG) reported quarterly earnings of ($2.40) per share, missing consensus estimates by $1.17. The company's revenue for the quarter was $1.33 billion, exceeding the estimate of $1.29 billion. West Fraser Timber also announced a quarterly dividend of $0.32, which resulted in a 2.0% yield, and analysts have a "Hold" rating on the stock with an average price target of $81.33.
West Fraser Timber Co. Ltd. (WFG) announced its Q1 revenue reached $1.33 billion, surpassing FactSet's estimate of $1.32 billion. This financial update follows other Q1 reports from the company, including a reported loss of $2.40 per share, against an estimated loss of $1.33 per share. West Fraser Timber is a diversified wood products company operating 58 facilities in Canada, the United States, the United Kingdom, and Europe.
