Interfor Corp

IFP-T

TSE:IFP

11.63
0.19 (1.66%)
Interfor Corporation is one of the largest lumber producers in the world. The company's sawmilling operations have a combined manufacturing capacity of over 3 billion board feet of lumber with sales to North America, Asia-Pacific and Europe.
More at Wikipedia

Analysis and Opinions about IFP-T

Signal
Opinion
Expert
BUY WEAKNESS
BUY WEAKNESS
July 2, 2020
It has done phenomenally well off the bottom. It took him by surprise. With lower interest rates you should see more housing starts. It has had a good move, though. Lumber stocks are very cyclical in nature. A new cycle could accelerate these forestry stocks. He tends to trade around a position in this sector. (Analysts’ price target is $13.42)
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It has done phenomenally well off the bottom. It took him by surprise. With lower interest rates you should see more housing starts. It has had a good move, though. Lumber stocks are very cyclical in nature. A new cycle could accelerate these forestry stocks. He tends to trade around a position in this sector. (Analysts’ price target is $13.42)
DON'T BUY
DON'T BUY
June 4, 2020

WY-N vs. IFP-T. WY-N often looks the most expensive at the bottom of the cycle. It does not have great momentum. It beat on the recent quarter. Its balance sheet is okay. He would prefer this to, for example, IFP-T. He would not buy either until earnings come in.

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WY-N vs. IFP-T. WY-N often looks the most expensive at the bottom of the cycle. It does not have great momentum. It beat on the recent quarter. Its balance sheet is okay. He would prefer this to, for example, IFP-T. He would not buy either until earnings come in.

WATCH
WATCH
February 18, 2020
Refunding of tariffs It's on his shortlist as he watches the forestry group. The tariffs refund are definitely good. He wants to see longer-term stability in housing starts first. Reason is that a lot of housing are steel and concrete condos, not wooden houses. The whole sector is under a cloud, though bottoming now. He'd watch this another quarter.
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Interfor Corp (IFP-T)
February 18, 2020
Refunding of tariffs It's on his shortlist as he watches the forestry group. The tariffs refund are definitely good. He wants to see longer-term stability in housing starts first. Reason is that a lot of housing are steel and concrete condos, not wooden houses. The whole sector is under a cloud, though bottoming now. He'd watch this another quarter.
BUY WEAKNESS
BUY WEAKNESS
January 31, 2020
He owns IFP. It is very volatile. Now is not the time to sell. US housing has continued to be strong. He might consider buying on weakness. When risk appetite returns this could see a nice move higher. It could also become a future acquisition target.
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Interfor Corp (IFP-T)
January 31, 2020
He owns IFP. It is very volatile. Now is not the time to sell. US housing has continued to be strong. He might consider buying on weakness. When risk appetite returns this could see a nice move higher. It could also become a future acquisition target.
SPECULATIVE BUY
SPECULATIVE BUY
January 2, 2020
Forestry has been a declining business his entire career. They are very cyclical so you can make a lot of money on recovery. He thinks the US housing market is picking up and so there will be increased demand for lumber. (Analysts’ price target is $18.14)
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Interfor Corp (IFP-T)
January 2, 2020
Forestry has been a declining business his entire career. They are very cyclical so you can make a lot of money on recovery. He thinks the US housing market is picking up and so there will be increased demand for lumber. (Analysts’ price target is $18.14)
DON'T BUY
DON'T BUY
August 13, 2019
From mid-2018 it's had a downtrend and the chart is still under pressure. Until this changes, this is dead money.
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Interfor Corp (IFP-T)
August 13, 2019
From mid-2018 it's had a downtrend and the chart is still under pressure. Until this changes, this is dead money.
BUY
BUY
June 17, 2019
Canadian Forestry stocks. Here is an industry that is in a bit of oversupply. Curtailing production should be good in the short term. We are seeing all of these stocks selling towards their lows rather than highs. CFF is selling at a fraction of the book value. They have had negative earnings of late. WFT-T is 1.5 times book. IFP-T is at book value but has a much higher multiple. WEF-T is trading in the middle of the previous two but with a much more significant yield, possibly not as secure. They all have reasonable assets. They are a decent value play and could stand to do well if we get a building resurgence. You have to be patient.
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Interfor Corp (IFP-T)
June 17, 2019
Canadian Forestry stocks. Here is an industry that is in a bit of oversupply. Curtailing production should be good in the short term. We are seeing all of these stocks selling towards their lows rather than highs. CFF is selling at a fraction of the book value. They have had negative earnings of late. WFT-T is 1.5 times book. IFP-T is at book value but has a much higher multiple. WEF-T is trading in the middle of the previous two but with a much more significant yield, possibly not as secure. They all have reasonable assets. They are a decent value play and could stand to do well if we get a building resurgence. You have to be patient.
BUY
BUY
June 13, 2019
It has been decimated. These companies are in way better shape than they ever have been. They paid down debt and now the equity price is up. He really likes the management team. There has always been speculation that they will get bought out. They have a much better balance sheet than they did before. You have to trade these stocks. This is a good entry point.
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Interfor Corp (IFP-T)
June 13, 2019
It has been decimated. These companies are in way better shape than they ever have been. They paid down debt and now the equity price is up. He really likes the management team. There has always been speculation that they will get bought out. They have a much better balance sheet than they did before. You have to trade these stocks. This is a good entry point.
HOLD
HOLD
January 23, 2019
Lumber stocks are challenging. He liked the leverage in the company and they have been paying down debt. Now that lumber prices have collapsed in the last year, he still will hold it, but would not rush out to add to his position. He likes management still. He would wait for a better entry.
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Interfor Corp (IFP-T)
January 23, 2019
Lumber stocks are challenging. He liked the leverage in the company and they have been paying down debt. Now that lumber prices have collapsed in the last year, he still will hold it, but would not rush out to add to his position. He likes management still. He would wait for a better entry.
WEAK BUY
WEAK BUY
December 31, 2018
WFT-T vs. IFP-T He is still cautious on lumber stocks. We have seen the peak in US housing. Canadian lumber stocks do better with the Canadian dollar down. IFP-T is a better play because at least 50% of the lumber is out of the US. There is probably going to be a bit of a cloud over the sector for some time.
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Interfor Corp (IFP-T)
December 31, 2018
WFT-T vs. IFP-T He is still cautious on lumber stocks. We have seen the peak in US housing. Canadian lumber stocks do better with the Canadian dollar down. IFP-T is a better play because at least 50% of the lumber is out of the US. There is probably going to be a bit of a cloud over the sector for some time.
BUY
BUY
May 2, 2018

What would you buy in the forest sector? He has little exposure here. Lumber stocks were hurt with American trade talk, though they benefit nicely from a lower Canadian dollar--and he thinks the CAD will decrease more. Buy IFP-T.

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What would you buy in the forest sector? He has little exposure here. Lumber stocks were hurt with American trade talk, though they benefit nicely from a lower Canadian dollar--and he thinks the CAD will decrease more. Buy IFP-T.

PAST TOP PICK
PAST TOP PICK
January 18, 2018

(A Top Pick Nov 3/17, Up 54%) They have all done really well. This one is the 4th largest lumber player. The valuations now are not as cheap as when he bought them but the price momentum is still there. There is always a chance that someone takes them out. They have 60% production in the US so all tariffs would do is drive the price higher.

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Interfor Corp (IFP-T)
January 18, 2018

(A Top Pick Nov 3/17, Up 54%) They have all done really well. This one is the 4th largest lumber player. The valuations now are not as cheap as when he bought them but the price momentum is still there. There is always a chance that someone takes them out. They have 60% production in the US so all tariffs would do is drive the price higher.

DON'T BUY
DON'T BUY
November 2, 2017

It is oily Alberta that has almost ‘stranded’ oil. It has been stagnating due to the Alberta problems with where do we go from here. He prefers EMB-T.

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Interfor Corp (IFP-T)
November 2, 2017

It is oily Alberta that has almost ‘stranded’ oil. It has been stagnating due to the Alberta problems with where do we go from here. He prefers EMB-T.

WATCH
WATCH
August 4, 2017

This had a nice little bump in the last couple of days. This is probably the best example of a seasonal trade. The best time to own these stocks are normally from around late January to around May of each year. After it reaches its period of seasonal strength, it has a terrible history of dropping drastically or going flat. This year, the stock has come back to its long-term resistance level. It is reaching the period of time when the stock has a history of moving lower. If you own, watch it for the next couple of days. Any strength you see will be an opportunity to take some profits.

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Interfor Corp (IFP-T)
August 4, 2017

This had a nice little bump in the last couple of days. This is probably the best example of a seasonal trade. The best time to own these stocks are normally from around late January to around May of each year. After it reaches its period of seasonal strength, it has a terrible history of dropping drastically or going flat. This year, the stock has come back to its long-term resistance level. It is reaching the period of time when the stock has a history of moving lower. If you own, watch it for the next couple of days. Any strength you see will be an opportunity to take some profits.

BUY WEAKNESS
BUY WEAKNESS
June 15, 2017

She owns IFP-T. It has an attractive yield, being hit with declining energy prices. They made attractive acquisitions. They have a pipeline that will give them an attractive dividend for the next few years. She thinks that it will moderate going forward. It is a high quality name and well positioned. You could buy on weakness for the yield.

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Interfor Corp (IFP-T)
June 15, 2017

She owns IFP-T. It has an attractive yield, being hit with declining energy prices. They made attractive acquisitions. They have a pipeline that will give them an attractive dividend for the next few years. She thinks that it will moderate going forward. It is a high quality name and well positioned. You could buy on weakness for the yield.

Showing 1 to 15 of 148 entries

Interfor Corp(IFP-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 5

Stockchase rating for Interfor Corp 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.

Interfor Corp(IFP-T) Frequently Asked Questions

What is Interfor Corp stock symbol?

Interfor Corp is a Canadian stock, trading under the symbol IFP-T on the Toronto Stock Exchange (IFP-CT). It is usually referred to as TSX:IFP or IFP-T

Is Interfor Corp a buy or a sell?

In the last year, 5 stock analysts published opinions about IFP-T. 3 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY on WEAKNESS. Read the latest stock experts' ratings for Interfor Corp.

Is Interfor Corp a good investment or a top pick?

Interfor Corp was recommended as a Top Pick by Bruce Campbell (2) on 2020-07-02. Read the latest stock experts ratings for Interfor Corp.

Why is Interfor Corp 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 Interfor Corp worth watching?

5 stock analysts on Stockchase covered Interfor Corp In the last year. It is a trending stock that is worth watching.

What is Interfor Corp stock price?

On 2020-07-02, Interfor Corp (IFP-T) stock closed at a price of $11.63.