Related posts
Weekly 52-Week Low (or 52-Week High): BAM-T, IAG-T, ONC-T, CCB-X and More 52-Week Highs and Lows (Feb 05-11)Most Anticipated Earnings: IFC-T, MTLO-X and more Canadian Companies Reporting Earnings this Week (Feb 10-14)Weekly 52-Week Low (or 52-Week High): BAM-T, IAG-T, ONC-T, CCB-X and More 52-Week Highs and Lows (Oct 02-08)This summary was created by AI, based on 10 opinions in the last 12 months.
West Fraser Timber (WFG-T) has garnered mixed opinions among experts. Some are optimistic about its seasonal trends and the potential benefits from U.S. tariffs on timber, suggesting that WFG might see an upside due to increased prices in the U.S. The stock has shown some resilience, remaining steady despite fluctuations in timber prices, and there are indications of favorable trading conditions, particularly with the seasonal cycle kicking in. However, concerns about high interest rates in the U.S. and volatility in the lumber sector remain prevalent, which could hinder substantial price increases in the near term. While some see potential for growth driven by a recovering housing market and positive earnings revisions, others advise caution due to the cyclical nature of the sector, noting that it may not be ideal for long-term investments.
Sounds counterintuitive, but WFG and trees are going to be beneficiaries. US still needs them, just going to pay higher prices.
GRT.UN is a good name. PKI works well here. Materials sector, with a name like NTR.
There's even a part of the TSX that does well with a falling CAD, as earnings get amplified.
His colleague has a saying, "Buy at Halloween, sell at the Super Bowl." Really likes the breakout to new all-time highs. Anyone who's bought in the last couple of months is in the green, very positive. Likes the setup for a seasonal trade into January. Yield is 1.28%.
(Analysts’ price target is $138.94)Homebuilding stocks in the US have been going straight up, but Canadian forestry stocks have been going the other way. This name has done the best and held its share price.
IFP and CFP have really started to bottom on the charts. He hasn't done enough digging to know who has a better earnings profile. But looking at the charts, one of these might be a good bet to catch up to WFG and to the US homebuilders. Lower interest rates will have an impact as well.
A name to consider over the next 3-5 years. Overall, an interesting place to be looking, though stocks have been hit so much since the pandemic heyday. Governments are pushing new home builds, and that should help prop up the market. The renovation market will be impeded by people's ability to spend.
WFG’s operating results heavily depend on lumber prices, of course, but the housing sector seems to be recovering and if interest rates peak the sector could do well. WFG is now trading at only 0.9x times' Price/Book. Lumber prices have gone down substantially from the peak in COVID due to a supply and demand mismatch. The company's balance sheet is strong, with net cash of $460M. The company has been repurchasing shares aggressively, which we like. WFG is quite cheap, considering a possible recovery for lumber going forward. The company remains our favourite in the sector, and is well-managed. Interest rates and the N. American economy overall remain the key influences. We would be comfortable starting a position.
Unlock Premium - Try 5i Free
West Fraser Timber is a Canadian stock, trading under the symbol WFG-T on the Toronto Stock Exchange (WFG-CT). It is usually referred to as TSX:WFG or WFG-T
In the last year, 5 stock analysts published opinions about WFG-T. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for West Fraser Timber.
West Fraser Timber was recommended as a Top Pick by on . Read the latest stock experts ratings for West Fraser Timber.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
5 stock analysts on Stockchase covered West Fraser Timber In the last year. It is a trending stock that is worth watching.
On 2025-04-01, West Fraser Timber (WFG-T) stock closed at a price of $111.71.
(Note the short timeframe.) Chose this based on historical seasonality for lumber. Surprised those stocks aren't acting better, especially since the California fires.