Scotiabank Has Pessimistic View of Interfor FY2026 Earnings

Interfor Co. (TSE:IFPFree Report) – Stock analysts at Scotiabank dropped their FY2026 earnings per share estimates for shares of Interfor in a research report issued to clients and investors on Tuesday, May 19th. Scotiabank analyst B. Isaacson now forecasts that the company will post earnings per share of ($1.10) for the year, down from their previous estimate of ($1.02). Scotiabank currently has a “Outperform” rating and a $14.00 target price on the stock. The consensus estimate for Interfor’s current full-year earnings is $2.86 per share. Scotiabank also issued estimates for Interfor’s FY2027 earnings at $0.82 EPS.

Interfor (TSE:IFPGet Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported C($0.96) earnings per share (EPS) for the quarter. The company had revenue of C$643.20 million during the quarter. Interfor had a negative net margin of 13.73% and a negative return on equity of 28.72%.

Several other brokerages have also recently issued reports on IFP. Royal Bank Of Canada decreased their price objective on Interfor from C$14.00 to C$13.00 and set an “outperform” rating for the company in a research note on Thursday, April 16th. Raymond James Financial lowered Interfor from a “strong-buy” rating to an “outperform” rating and cut their target price for the stock from C$14.00 to C$13.00 in a research report on Friday, April 24th. Canadian Imperial Bank of Commerce raised Interfor from a “strong sell” rating to a “hold” rating in a research report on Friday, March 20th. TD cut their target price on Interfor from C$12.00 to C$10.00 and set a “hold” rating on the stock in a research report on Tuesday. Finally, TD Securities raised their target price on Interfor from C$11.00 to C$13.00 and gave the stock a “hold” rating in a research report on Tuesday, February 17th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$11.83.

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Interfor Stock Performance

Shares of IFP opened at C$9.14 on Thursday. The stock has a 50-day simple moving average of C$9.62 and a 200-day simple moving average of C$9.32. The company has a debt-to-equity ratio of 77.13, a quick ratio of 1.15 and a current ratio of 2.12. The stock has a market capitalization of C$601.11 million, a PE ratio of -1.40 and a beta of 1.70. Interfor has a 1 year low of C$7.05 and a 1 year high of C$13.72.

Interfor Company Profile

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Interfor Corp produces and sells lumber, timber, and other wood products. The company operates sawmills to convert timber into lumber, logs, wood chips, and other wood products for sale. The firm also harvests timber for its sawmills on forest land owned by the Canadian government. Interfor pays the Canadian government stumpage fees based on the number of trees it harvests. The company’s primary customers are in the construction and renovation industries. The majority of revenue is generated from the sale of lumber.

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