TSE:WEF
Western Forest Products Inc. (WEF-T)
Financials
Technical Analysis
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Apr 16, 2025, 12:00 amThis summary was created by AI, based on 2 opinions in the last 12 months.
Western Forest Products Inc. (WEF) has experienced a significant decline in its stock value, being down 26% for the year and 37% over the past 52 weeks. The company, which has recently announced a cut in production, is currently not profitable and has canceled its dividend, which was a further blow to investor confidence. Experts note that while there has been some insider buying and the stock trades at a low valuation compared to peers, the overall outlook remains bleak given the ongoing losses. Additionally, the company has adjusted its strategy to protect its balance sheet due to ongoing weaknesses in the housing market. Some analysts suggest that as US interest rates decrease and housing activity potentially rebounds, there could be a turnaround for the stock, though there is considerable uncertainty at this point.
Some insider buying. Trades at 0.16x sales, about half as much as CFP or IFP. Money-losing right now. Specialty wood products, typically higher margin and more profitable. But not anymore, related to housing market being slow. Cut dividend to protect balance sheet, so company's now pretty secure.
A great turnaround stock with upside once US interest rates come down and housing activity starts to come back. He's keeping a close eye on it.
Our view remains unchanged. The only recent news was that WEF had engaged in a partnership with a First Nations group where the Group would acquire a 34% interest from WEF in a limited partnership, for $35.9M. There is nothing exciting fundementally and it has small cap risks, so we continue to view it unfavourably.
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Western Forest Products Inc.(WEF-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 1
Western Forest Products Inc.(WEF-T) Frequently Asked Questions
What is Western Forest Products Inc. stock symbol?
Western Forest Products Inc. is a Canadian stock, trading under the symbol WEF-T on the Toronto Stock Exchange (WEF-CT). It is usually referred to as TSX:WEF or WEF-T
Is Western Forest Products Inc. a buy or a sell?
In the last year, 1 stock analyst published opinions about WEF-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Western Forest Products Inc..
Is Western Forest Products Inc. a good investment or a top pick?
Western Forest Products Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Western Forest Products Inc..
Why is Western Forest Products Inc. 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 Western Forest Products Inc. worth watching?
1 stock analyst on Stockchase covered Western Forest Products Inc. In the last year. It is a trending stock that is worth watching.
What is Western Forest Products Inc. stock price?
On 2025-07-04, Western Forest Products Inc. (WEF-T) stock closed at a price of $0.4.
WEF has rallied with interest rates, which help the sector, but is still down 26% for the year and 37% over 52 weeks. Note the dividend was cancelled in November 2023 and none is paid currently. This week WEF announced it would be cutting production. It is still losing money. With its losses and outlook and omitted dividend and small size we would continue to be not interested here.
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