Last Updated: 19 Sep 2024
Executive Summary
West Fraser Timber Co Ltd (WFG) is a diversified wood products company with a market capitalization of $7.45 billion. The company has a strong financial position with an EBITDA of $877 million and a net income of $363 million for the latest fiscal year. WFG's stock price has been trending upwards in recent months and is currently trading at $95.48. Analysts have a positive outlook on the company and have a consensus price target of $104.
Company Overview
West Fraser Timber Co Ltd is a diversified wood products company that produces and sells wood, paneling, and pulp and paper in western Canada and the southern United States. The company has a global reach with operations in over 20 countries. WFG's products are used in a variety of applications, including construction, furniture, and packaging.
Fundamental Analysis
WFG has a strong financial position with an EBITDA of $877 million and a net income of $363 million for the latest fiscal year. The company's revenue has grown by an average of 5% over the past five years. WFG's profit margin is 2.21% and its operating margin is 8.04%. The company's return on assets is 2.18% and its return on equity is 1.98%.
Technical Analysis
WFG's stock price has been trending upwards in recent months. The stock is currently trading above its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is 65, which indicates that the stock is overbought.
Short Term Outlook
WFG's stock price is expected to continue to trend upwards in the short term. The company's strong financial position and positive analyst outlook are likely to drive the stock price higher.
Long Term Outlook
WFG's long-term outlook is positive. The company is well-positioned to benefit from the growing demand for wood products. The company's global reach and diversified product portfolio will help it to weather any economic downturns.
Analyst Recommendations
Analysts have a positive outlook on WFG. The consensus price target is $104. One analyst has a Strong Buy rating on the stock, two analysts have a Buy rating, and zero analysts have a Hold, Sell, or Strong Sell rating.
