Interfor Corp (IFP-T)
TSE:IFP
15.06
0.11
(0.74%) 1d
Financials
Technical Analysis
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Positive Friday ends choppy week and down monthTSX climbs, Wall Street mixedMost Anticipated Earnings: IFC-T, MTLO-X and more Canadian Companies Reporting Earnings this Week (Feb 10-14)This summary was created by AI, based on 6 opinions in the last 12 months.
Interfor Corp (IFP-T) has raised some interest among experts primarily due to its production levels in the U.S., which may shield it from tariffs that more heavily impact other Canadian lumber companies. Despite its strong position, particularly the fact that 23% of its lumber comes from B.C., experts suggest that the ever-present threat of tariffs remains a concern. While the recent spike in stock prices could be linked to factors like U.S. hurricanes and the overall volatility of the sector, Canadian forestry stocks, including IFP, are underperforming compared to U.S. homebuilding stocks. The current homebuilding trends in the U.S. appear promising, with some experts indicating that companies like TOL serve as positive indicators for lumber stocks. However, the consensus seems to favor other stocks in the sector over IFP, suggesting that better investment opportunities exist elsewhere.
BC softwood has always been a target of tariffs. This group has been expanding operation in the US to lessen the impact. IFP has the highest percentage of production in the US. Contrary to Trump, Americans indeed need Canadian lumber -- 23% of it comes from B.C. Tariffs will make lumber more expensive to Americans, though American lumber companies will make more money.
Whole sector can be volatile. Nice run since July, when homebuilders picked up substantially. Getting above $19 was significant. Big spike today. Don't want to see it break below $15. Will have trouble between $22-25, so might spend some time there chewing through the supply (as people get out to get their money back).
Homebuilding stocks in the US have been going straight up, but Canadian forestry stocks have been going the other way. WFG has done the best in holding 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.
If IFP can meet earnings estimates it is very cheap. Debt is still higher than most, but in a rally investors tend to ignore debt. Thus it can be a good trader. Fires can be both good and bad for the industry. Impacted companies of course can be hurt, but prices can also rise if a wide area is affected by fire. But this can be short-lived, as salvage logs can hit the market shortly after a fire. In 2021's fires, IFP had a net positive impact but its was very short term.
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Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Commodity prices are jumping violently. The company is debt free and has excess cash. They are very cheap. Although earnings are expected to fall, the economic backdrop is positive for the sector overall. Unlock Premium - Try 5i Free
Interfor Corp(IFP-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 5
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. 2 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 Interfor Corp.
Is Interfor Corp a good investment or a top pick?
Interfor Corp was recommended as a Top Pick by on . 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 2025-04-01, Interfor Corp (IFP-T) stock closed at a price of $15.06.
It has a higher level of production in the U.S. so would be less affected by tariffs than other Canadian lumber companies. The U.S. needs Canadian lumber and one quarter of production from B.C. goes to the U.S., - but lumber is still needed for B.C.