Raymond James Issues Negative Estimate for Interfor Earnings

Interfor Co. (TSE:IFP) – Equities research analysts at Raymond James lowered their FY2025 earnings per share (EPS) estimates for shares of Interfor in a research note issued to investors on Monday, February 3rd. Raymond James analyst D. Swetlishoff now anticipates that the company will post earnings of ($1.34) per share for the year, down from their previous forecast of ($0.92). Raymond James has a “Strong-Buy” rating and a $26.00 price objective on the stock. The consensus estimate for Interfor’s current full-year earnings is $2.86 per share.

Interfor (TSE:IFP) last posted its quarterly earnings data on Wednesday, November 6th. The company reported C($2.05) earnings per share for the quarter, missing the consensus estimate of C($1.58) by C($0.47). Interfor had a negative return on equity of 20.18% and a negative net margin of 11.26%. During the same quarter last year, the company posted ($0.82) earnings per share.

IFP has been the topic of a number of other research reports. TD Securities cut their price target on shares of Interfor from C$23.00 to C$22.00 in a report on Friday, November 8th. Royal Bank of Canada cut their price target on shares of Interfor from C$27.00 to C$26.00 and set an “outperform” rating on the stock in a report on Friday, December 20th. Finally, CIBC lowered their price target on Interfor from C$23.00 to C$22.00 in a report on Wednesday, January 15th. Three analysts have rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of C$24.00.

Interfor Stock Down 1.8 %

IFP stock opened at C$16.58 on Thursday. The firm’s 50-day moving average is C$17.75 and its two-hundred day moving average is C$18.27. The company has a market capitalization of C$853.04 million, a price-to-earnings ratio of -2.37 and a beta of 2.54. Interfor has a 52 week low of C$15.35 and a 52 week high of C$22.38. The company has a current ratio of 2.02, a quick ratio of 1.15 and a debt-to-equity ratio of 62.31.

Insider Transactions at Interfor

In other news, Director Ian Fillinger purchased 3,150 shares of Interfor stock in a transaction that occurred on Monday, December 30th. The shares were acquired at an average price of C$16.29 per share, for a total transaction of C$51,304.05. Company insiders own 0.94% of the company’s stock.

Interfor Company Profile

Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally. It offers decking, fascia and board, framing, v-joint paneling, fineline paneling, and siding products, as well as appearance, structural, studs, timbers, and machine stress related products.