Scotiabank Has Strong Estimate for Interfor FY2025 Earnings

Interfor Co. (TSE:IFP) – Research analysts at Scotiabank raised their FY2025 EPS estimates for Interfor in a report issued on Tuesday, February 18th. Scotiabank analyst B. Isaacson now forecasts that the company will post earnings of $0.46 per share for the year, up from their previous estimate of $0.22. The consensus estimate for Interfor’s current full-year earnings is $2.86 per share.

Several other analysts have also issued reports on IFP. TD Securities cut their price target on shares of Interfor from C$23.00 to C$22.00 in a research report on Friday, November 8th. Raymond James decreased their target price on shares of Interfor from C$30.00 to C$26.00 and set a “strong-buy” rating for the company in a research note on Thursday, January 30th. CIBC reduced their price target on shares of Interfor from C$22.00 to C$20.00 in a research report on Tuesday. Finally, Royal Bank of Canada dropped their target price 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. Three analysts have rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, Interfor has an average rating of “Moderate Buy” and a consensus target price of C$23.67.

Interfor Stock Down 2.3 %

Shares of TSE:IFP opened at C$17.04 on Friday. Interfor has a 52-week low of C$15.22 and a 52-week high of C$22.38. The firm has a fifty day moving average of C$17.05 and a 200 day moving average of C$18.22. The firm has a market capitalization of C$882.43 million, a PE ratio of -2.08 and a beta of 2.54. The company has a debt-to-equity ratio of 61.24, a quick ratio of 1.15 and a current ratio of 1.69.

Insider Activity

In other Interfor news, Director Ian Fillinger acquired 5,490 shares of the stock in a transaction dated Thursday, December 12th. The stock was purchased at an average price of C$18.48 per share, with a total value of C$101,433.24. 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.