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West Fraser Timber

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.

west coast forestry
BUY
West Fraser Timber

Depends on the price of timber which soared during Covid, then plunged, but is now reasonable. WFG will benefit if there's a housing boom. Don't trade this, but buy and hold it.

west coast forestry
BUY
West Fraser Timber
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

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. 
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west coast forestry
PAST TOP PICK
West Fraser Timber
(A Top Pick Mar 09/23, Down 2%)

Still likes it a lot. It's spent a year in a sideways trading range. 

west coast forestry
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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
West Fraser Timber
(A Top Pick Feb 07/23, Down 18.7%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with WFG has triggered its stop at $95.  To remain disciplined, we recommend covering the position at this time.  

west coast forestry
TOP PICK
West Fraser Timber

Materials sector. Lumber has been in a sideways consolidation, so an entry here is timely. Add towards the bottom of the trading range. Housing market will pick up later this year or early next, and the lumber names should push higher. Relative strength starting to turn up. Yield is 1.55%.

(Analysts’ price target is $139.44)
west coast forestry
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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
West Fraser Timber
Stockchase Research Editor: Michael O'Reilly

WFG share prices were negatively impacted initially by the announcement of the "indefinite" curtailment of their Florida mill due to lagging lumber demand.  The decision is helping to improve earnings and allows management to focus on its key assets.  As a result cash reserves are already allowing a sizable buyback of shares.  Now analysts expect housing demand for lumber to improve over the balance of the year.  It presently trades under book value and under 4x trailing PE.  The dividend is backed by a payout ratio under 10% of cash flow.  We recommend placing a stop-loss at $95, looking to achieve $140.50 -- upside potential over 20%.  Yield 1.6%

(Analysts’ price target is $140.32)
west coast forestry
DON'T BUY
West Fraser Timber
What's wrong with this? US housing has ground to a halt. Lumber prices are way off. China has been shut down, so lumber demand collapsed short-term. He expects interest rates to continue to rise and pressure housing. China is reopening now though. WFG is a highly cyclical and unpredictable stock. Earning can soar and plummet. Buy cyclicals when nobody wants them, and sell when markets peak. Wait until you see where earnings go. Lumber has traditionally had low PE's because it's very hard to forecast earnings.
west coast forestry
BUY
West Fraser Timber
Still extremely cheap, despite the run up last year. Lumber prices are back above $1000 again. Huge cashflow at these prices. Concerns US housing market will slow, but there just isn't enough supply, so demand will persist. No debt, good price momentum and valuation. Can buy here.
west coast forestry
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
West Fraser Timber
(A Top Pick Mar 17/22, Down 11.2%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with WFG has triggered its stop at $108. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 4%, when combined with the previous buy recommendation.
west coast forestry
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
West Fraser Timber
Stockchase Research Editor: Michael O’Reilly We once again reiterate this producer of lumber, pulp and paper with 60 facilities in Canada, the US, United Kingdom and Europe as a TOP PICK. Annual EPS growth has exceeded 50% for the past three years. It trades under 10x earnings and only at 1.7x book. It pays a small dividend, backed by a payout ratio under 10% of cashflow. We recommend maintaining the stop at $108, looking to achieve $149 -- upside potential over 22%. Yield 1.06% (Analysts’ price target is $149.12)
west coast forestry
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
West Fraser Timber
Stockchase Research Editor: Michael O'Reilly We again reiterate this producer of lumber, pulp and paper with 60 facilities in Canada, the US, United Kingdom and Europe as a TOP PICK. Recently reported earnings again beat analyst expectations and the latest consensus calls for EPS growth of 15% over the same quarter last year, when it reports mid-month. It trades well under its peers, who are valued at 24x earnings. It pays a small dividend, backed by a payout ratio under 10% of cashflow. We recommend trailing up the stop (from $95) to $108, looking to achieve $149 -- upside potential over 18%. Yield 0.84% (Analysts’ price target is $148.32)
west coast forestry
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
West Fraser Timber
Stockchase Research Editor: Michael O'Reilly WFG (with sales up over 85% on the year and having 60 facilities in Canada, the US, United Kingdom and Europe) is reiterated as a TOP PICK. Recently reported earnings showed YTD EPS over $24 per share, compared to under $4.50 a year ago at this time. It trades well under its peers, who are valued at 9x earnings. It pays a small dividend, backed by a payout ratio of under 10% of cashflow. We recommend trailing up the stop (from $60) to $95, looking to achieve $147 -- upside potential over 32%. Yield 0.9% (Analysts’ price target is $146.40)
west coast forestry
BUY
West Fraser Timber
The lumber stocks had an incredible run with lumber prices running up. One of the biggest player in lumber. It paid some extra dividends. Lumber prices are now normalizing. Biggest and probably the safest.
west coast forestry
Showing 1 to 15 of 142 entries

West Fraser Timber(WFG-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

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, 4 stock analysts published opinions about WFG-T. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?

4 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 2023-11-28, West Fraser Timber (WFG-T) stock closed at a price of $101.81.