Research Analysts Issue Forecasts for Interfor Q4 Earnings

Interfor Co. (TSE:IFP) – Investment analysts at Scotiabank issued their Q4 2024 earnings per share estimates for Interfor in a research note issued to investors on Monday, November 11th. Scotiabank analyst B. Isaacson anticipates that the company will earn ($0.97) per share for the quarter. Scotiabank has a “Outperform” rating and a $24.00 price objective on the stock. The consensus estimate for Interfor’s current full-year earnings is $2.86 per share.

Several other research firms also recently weighed in on IFP. CIBC boosted their price target on shares of Interfor from C$22.00 to C$23.00 in a research note on Friday, November 8th. Cibc World Mkts lowered Interfor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 18th. TD Securities reduced their price target on Interfor from C$23.00 to C$22.00 in a research report on Friday, November 8th. BMO Capital Markets dropped their price objective on Interfor from C$27.00 to C$24.00 and set a “strong-buy” rating for the company in a research note on Tuesday, July 23rd. Finally, Raymond James upgraded shares of Interfor from an “outperform” rating to a “strong-buy” rating and upped their price target for the company from C$26.00 to C$30.00 in a report on Tuesday, October 22nd. Three equities research analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Interfor presently has a consensus rating of “Moderate Buy” and a consensus target price of C$24.50.

Interfor Trading Down 0.5 %

Shares of IFP opened at C$19.37 on Wednesday. The company has a debt-to-equity ratio of 62.31, a quick ratio of 1.15 and a current ratio of 2.02. Interfor has a fifty-two week low of C$15.35 and a fifty-two week high of C$26.00. The firm has a 50 day moving average price of C$19.39 and a 200-day moving average price of C$18.03. The firm has a market cap of C$996.59 million, a price-to-earnings ratio of -2.76 and a beta of 2.54.

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.