West Fraser Timber

WFG-T

TSE:WFG

103.70
2.10 (2.07%)
West Fraser Timber Co. Ltd. is a Canadian forestry company based in Quesnel, British Columbia. West Fraser Timber Co. Ltd. is a member of the Forest Products Association of Canada.
More at Wikipedia

Analysis and Opinions about WFG-T

Signal
Opinion
Expert
Chart
DON'T BUY
DON'T BUY
April 21, 2021
Timber has been a great place to be this year. Not sure why it's dropped today. Well run, but an expensive multiple at 3.7x book value. How long will the lumber cycle last? Their cycles tend to be longer than other commodities.
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Timber has been a great place to be this year. Not sure why it's dropped today. Well run, but an expensive multiple at 3.7x book value. How long will the lumber cycle last? Their cycles tend to be longer than other commodities.
Michael Sprung
Price
$96.500
Owned
Unknown
TOP PICK
TOP PICK
April 12, 2021
Lumber prices have soared YOY over 300%. Free cash flow yield at 14.4% is very high. The latest report said that earnings were up 50% and earnings are forecast to grow 35% to $16 ROE in 2021 at a PE of 6.4x. Analyst estimates have jumped 81%. (Analysts’ price target is $112.68)
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Lumber prices have soared YOY over 300%. Free cash flow yield at 14.4% is very high. The latest report said that earnings were up 50% and earnings are forecast to grow 35% to $16 ROE in 2021 at a PE of 6.4x. Analyst estimates have jumped 81%. (Analysts’ price target is $112.68)
Robert McWhirter
Price
$103.240
Owned
Yes
HOLD
HOLD
April 9, 2021
The giant after their acquisition. Scores on valuation and price momentum. More expensive than Interfor. Brookfield, a major owner, has been selling their stake. Hold for now.
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The giant after their acquisition. Scores on valuation and price momentum. More expensive than Interfor. Brookfield, a major owner, has been selling their stake. Hold for now.
Jason Mann
Price
$101.000
Owned
Yes
BUY
BUY
March 12, 2021

An exciting time in home builders. Under made homes for several years in the US. A powerful rally. Likes that WFG is now a combined entity. WEF is a small cap and is more whippy. Both are good.

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An exciting time in home builders. Under made homes for several years in the US. A powerful rally. Likes that WFG is now a combined entity. WEF is a small cap and is more whippy. Both are good.

Greg Newman
Price
$82.900
Owned
Yes
COMMENT
COMMENT
February 2, 2021

Will the Buy American campaign affect WFT? He expects their coming report to be strong, given the housing boom, including renovations. WFT recently bought Norbord, which signals that they expects this housing boom to last years. All timber stocks are lumpy with returns happening in pockets (either really good returns or bad returns). So, consider lumber a trade and not a buy-and-hold. Buy America: Companies like WFT are changing geographies according to asset ownership from entirely Canada to abroad, including the U.S. Their ticker will change to WFG on the TSX. They likely have some American assets. Potential tariffs on software lumber will continue to be a risk.

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West Fraser Timber (WFG-T)
February 2, 2021

Will the Buy American campaign affect WFT? He expects their coming report to be strong, given the housing boom, including renovations. WFT recently bought Norbord, which signals that they expects this housing boom to last years. All timber stocks are lumpy with returns happening in pockets (either really good returns or bad returns). So, consider lumber a trade and not a buy-and-hold. Buy America: Companies like WFT are changing geographies according to asset ownership from entirely Canada to abroad, including the U.S. Their ticker will change to WFG on the TSX. They likely have some American assets. Potential tariffs on software lumber will continue to be a risk.

WATCH
WATCH
April 23, 2020
It is almost at the '08/'09 level. It has collapsed below 2.5 times book. If you are patient, we are getting to an area of lows. The twelve month earnings forecast is minus 14 cents. He figures $22 for a bottom in the share price.
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It is almost at the '08/'09 level. It has collapsed below 2.5 times book. If you are patient, we are getting to an area of lows. The twelve month earnings forecast is minus 14 cents. He figures $22 for a bottom in the share price.
Ross Healy
Price
$29.880
Owned
Unknown
DON'T BUY
DON'T BUY
February 13, 2020
Doesn't buy forest product companies as they're very cyclical. Pricing is sensitive to demand. Cyclical sectors are out of favour as we're late in the cycle, and economy is soft.
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West Fraser Timber (WFG-T)
February 13, 2020
Doesn't buy forest product companies as they're very cyclical. Pricing is sensitive to demand. Cyclical sectors are out of favour as we're late in the cycle, and economy is soft.
PAST TOP PICK
PAST TOP PICK
February 3, 2020
(A Top Pick Dec 24/19, Down 7%) He'd worry if it breaks below around $56 and sell. After this current market correction, WFT should break above $60. This should be a good year for lumber stocks with fine upside, which was why he recommended it.
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West Fraser Timber (WFG-T)
February 3, 2020
(A Top Pick Dec 24/19, Down 7%) He'd worry if it breaks below around $56 and sell. After this current market correction, WFT should break above $60. This should be a good year for lumber stocks with fine upside, which was why he recommended it.
Javed Mirza
Price
$53.020
Owned
Yes
BUY
BUY
December 30, 2019
A great company and there has been some recent volatility from the back off on the Canfor opportunity. He likes the space here. There was a huge run-up on the US home-builders space. The fundamentals are tightening and it could be a good year for this company.
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West Fraser Timber (WFG-T)
December 30, 2019
A great company and there has been some recent volatility from the back off on the Canfor opportunity. He likes the space here. There was a huge run-up on the US home-builders space. The fundamentals are tightening and it could be a good year for this company.
James Hodgins
Price
$58.650
Owned
Unknown
TOP PICK
TOP PICK
December 24, 2019
Has broken out, showing higher highs since mid-2019. Like oil sticks, lumber is poised to rise as the economy accelerates. The sweet spot lies ahead. He likes this. Good reward/risk. (Analysts’ price target is $64.29)
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West Fraser Timber (WFG-T)
December 24, 2019
Has broken out, showing higher highs since mid-2019. Like oil sticks, lumber is poised to rise as the economy accelerates. The sweet spot lies ahead. He likes this. Good reward/risk. (Analysts’ price target is $64.29)
Javed Mirza
Price
$58.780
Owned
No
BUY
BUY
November 19, 2019
They had a huge run and is now on the low part of a head and shoulders. Buy it now, which is in an interesting pocket.
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West Fraser Timber (WFG-T)
November 19, 2019
They had a huge run and is now on the low part of a head and shoulders. Buy it now, which is in an interesting pocket.
Elliott Fishman
Price
$59.870
Owned
Unknown
BUY
BUY
November 18, 2019
2011-12, 2015-16 and late-2018 were corrections. After each one, lumber rallies. Lumber is his favourite commodity. Short-term expect weakness, will pick up later. WFT is doing this, picking up, lately, breaking its 2019 downtrend. Any lumber name is timely and good to buy now. Lumber will do well going forward.
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West Fraser Timber (WFG-T)
November 18, 2019
2011-12, 2015-16 and late-2018 were corrections. After each one, lumber rallies. Lumber is his favourite commodity. Short-term expect weakness, will pick up later. WFT is doing this, picking up, lately, breaking its 2019 downtrend. Any lumber name is timely and good to buy now. Lumber will do well going forward.
Javed Mirza
Price
$57.680
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
November 8, 2019
(A Top Pick Nov 05/18, Down 18%) He guessed it would go to $80 and it did for a moment. The turnaround in the housing market looked good at the time he recommended it. He did buy it and took a small loss. A good trading stock but wouldn’t be buying it right now.
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West Fraser Timber (WFG-T)
November 8, 2019
(A Top Pick Nov 05/18, Down 18%) He guessed it would go to $80 and it did for a moment. The turnaround in the housing market looked good at the time he recommended it. He did buy it and took a small loss. A good trading stock but wouldn’t be buying it right now.
SPECULATIVE BUY
SPECULATIVE BUY
September 25, 2019

Mills are closing in BC, leaving more operations in the US. Housing there is stabilizing and lumber prices have perked up. If you believe we are not headed to recession, the stock could rebound. Remember, these are cyclical stocks -- not long term holds.

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West Fraser Timber (WFG-T)
September 25, 2019

Mills are closing in BC, leaving more operations in the US. Housing there is stabilizing and lumber prices have perked up. If you believe we are not headed to recession, the stock could rebound. Remember, these are cyclical stocks -- not long term holds.

John Kim
Price
$54.700
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
September 18, 2019
His first job as an analyst was in forestry products. What he learned was that this is a very cyclical business. You want to buy them when their earnings are down and the their PE looks high -- but not on a price to book level. He has not seen enough of an extreme to enter just yet. Book value is $40. He would be patient and look to buy closer to this level.
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West Fraser Timber (WFG-T)
September 18, 2019
His first job as an analyst was in forestry products. What he learned was that this is a very cyclical business. You want to buy them when their earnings are down and the their PE looks high -- but not on a price to book level. He has not seen enough of an extreme to enter just yet. Book value is $40. He would be patient and look to buy closer to this level.
Ross Healy
Price
$56.170
Owned
No
Showing 1 to 15 of 124 entries

West Fraser Timber(WFG-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 3

Stockchase rating for West Fraser Timber is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

West Fraser Timber(WFG-T) Frequently Asked Questions

What is West Fraser Timber stock symbol?

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

Is West Fraser Timber a buy or a sell?

In the last year, 3 stock analysts published opinions about WFG-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for West Fraser Timber.

Is West Fraser Timber a good investment or a top pick?

West Fraser Timber was recommended as a Top Pick by Michael Sprung on 2021-04-21. Read the latest stock experts ratings for West Fraser Timber.

Why is West Fraser Timber stock dropping?

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.

Is West Fraser Timber worth watching?

3 stock analysts on Stockchase covered West Fraser Timber In the last year. It is a trending stock that is worth watching.

What is West Fraser Timber stock price?

On 2021-05-05, West Fraser Timber (WFG-T) stock closed at a price of $103.7.