Scotiabank Has Bearish Estimate for TSE:WEF FY2026 Earnings

Western Forest Products Inc. (TSE:WEF) – Equities researchers at Scotiabank cut their FY2026 earnings per share (EPS) estimates for Western Forest Products in a report issued on Monday, November 2nd. Scotiabank analyst B. Isaacson now forecasts that the company will post earnings of ($2.73) per share for the year, down from their prior forecast of ($2.29). The consensus estimate for Western Forest Products’ current full-year earnings is $0.00 per share.

A number of other equities research analysts have also recently commented on WEF. Royal Bank Of Canada increased their target price on shares of Western Forest Products from C$16.00 to C$18.00 and gave the company a “sector perform” rating in a research report on Friday, August 14th. TD decreased their price target on shares of Western Forest Products from C$20.00 to C$17.00 and set a “hold” rating on the stock in a research note on Wednesday, October 14th. Finally, Raymond James Financial boosted their price target on shares of Western Forest Products from C$12.50 to C$20.00 and gave the stock a “market perform” rating in a research report on Monday, July 27th. Five analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, Western Forest Products has an average rating of “Hold” and an average target price of C$17.80.

Western Forest Products Trading Down 4.4%

Shares of WEF opened at C$15.65 on Friday. Western Forest Products has a 52-week low of C$10.16 and a 52-week high of C$19.95. The company has a quick ratio of 0.73, a current ratio of 2.44 and a debt-to-equity ratio of 12.63. The firm’s fifty day moving average is C$16.64 and its two-hundred day moving average is C$16.05. The stock has a market cap of C$165.23 million, a PE ratio of -1.96, a price-to-earnings-growth ratio of 0.32 and a beta of -0.32.

Western Forest Products (TSE:WEF) last issued its quarterly earnings results on Thursday, November 5th. The company reported C($0.44) EPS for the quarter. The firm had revenue of C$237.00 million for the quarter. Western Forest Products had a negative return on equity of 17.78% and a negative net margin of 9.64%.

About Western Forest Products

Western is an integrated forest products company building a margin-focused log and lumber business to compete successfully in global softwood markets. With operations and employees located primarily on the coast of British Columbia and Washington State, Western is a premier supplier of high-value, specialty forest products to worldwide markets. Western has a lumber capacity of 785 million board feet from five sawmills, as well as operates four remanufacturing facilities and two glulam manufacturing facilities.