Should I buy or sell Canfor Pulp Products stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canfor Pulp Products in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CFX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CFX, but not buy additional shares or sell existing shares. View CFX analyst ratings or view top-rated stocks .

What is Canfor Pulp Products' stock price target for 2024?

5 analysts have issued 1-year price objectives for Canfor Pulp Products' stock. Their CFX share price targets range from C$1.50 to C$2.75. On average, they expect the company's share price to reach C$1.95 in the next year. This suggests a possible upside of 25.8% from the stock's current price. View analysts price targets for CFX or view top-rated stocks among Wall Street analysts .

How have CFX shares performed in 2024?

Canfor Pulp Products' stock was trading at C$1.80 at the start of the year. Since then, CFX stock has decreased by 13.9% and is now trading at C$1.55. View the best growth stocks for 2024 here .

When is Canfor Pulp Products' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our CFX earnings forecast .

How were Canfor Pulp Products' earnings last quarter?

Canfor Pulp Products Inc. (TSE:CFX) posted its quarterly earnings results on Tuesday, March, 5th. The company reported ($0.20) EPS for the quarter, beating analysts' consensus estimates of ($0.33) by $0.13. The business earned $193.90 million during the quarter. Canfor Pulp Products had a negative net margin of 10.98% and a negative trailing twelve-month return on equity of 25.14%.

Is Canfor Pulp Products a good dividend stock?

Canfor Pulp Products (TSE:CFX) pays an annual dividend of C$0.25 per share and currently has a dividend yield of 4.76%. CFX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for CFX .

What other stocks do shareholders of Canfor Pulp Products own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canfor Pulp Products investors own include Canfor (CFP) , West Fraser Timber Co. Ltd. (WFT.TO) (WFT) , Eldorado Gold (EGO) , Manulife Financial (MFC) , Norbord (OSB) , Alimentation Couche-Tard (ATD.B) , Dream Global REIT (DRG.UN) , CGI (GIB.A) , Interfor (IFP) and Kirkland Lake Gold (KL) .

How do I buy shares of Canfor Pulp Products?

Shares of CFX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:CFX

Canfor Pulp Products (CFX) Stock Price, News & Analysis

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Free CFX Stock Alerts

C$1.55

-0.01 (-0.64%)

(As of 01:45 PM ET)

Compare

Today's Range: C$1.54
▼
C$1.55
50-Day Range: C$1.47
▼
C$1.75
52-Week Range: C$1.30
▼
C$2.48

Volume: 8,300 shs
Average Volume: 14,050 shs
Market Capitalization: C$101.11 million

P/E Ratio: N/A
Dividend Yield: 16.13%
Price Target: C$1.95

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines

Get Canfor Pulp Products alerts:

Canfor Pulp Products MarketRank™ Stock Analysis

Analyst Rating: Hold
2.20 Rating Score
Upside/Downside: 25.8% Upside
C$1.95 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.38
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.78 out of 5 stars

4.1

Analyst's Opinion

Consensus Rating
Canfor Pulp Products has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Canfor Pulp Products has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for CFX.

1.7

Dividend Strength

Dividend Leadership
Canfor Pulp Products is a leading dividend payer. It pays a dividend yield of 4.76%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Canfor Pulp Products does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CFX.

1.5

News and Social Media Coverage

News Sentiment
Canfor Pulp Products has a news sentiment score of -0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Canfor Pulp Products this week, compared to 0 articles on an average week.
MarketBeat Follows
1 people have added Canfor Pulp Products to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Canfor Pulp Products insiders have not sold or bought any company stock.
Percentage Held by Insiders
55.03% of the stock of Canfor Pulp Products is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 19.68% of the stock of Canfor Pulp Products is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Canfor Pulp Products is -1.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canfor Pulp Products is -1.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Canfor Pulp Products, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Canfor Pulp Products has a P/B Ratio of 0.30. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Canfor Pulp Products Stock (TSE:CFX)

Canfor Pulp Products Inc., together with its subsidiaries, produces and supplies pulp and paper products in Canada, Europe, Asia, the United States, and internationally. It operates in two segments, Pulp and Paper. The company offers solid wood; bleached and unbleached softwood kraft pulps; and bleached, unbleached, and colored kraft papers. It also produces green energy. The company is headquartered in Vancouver, Canada. Canfor Pulp Products Inc. operates as a subsidiary of Canadian Forest Products Ltd.

CFX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CFX Stock News Headlines

April 17, 2024 | americanbankingnews.com

Canfor Pulp Products (TSE:CFX) Price Target Cut to C$1.75 by Analysts at TD Securities

April 16, 2024 | wsj.com

Canfor Pulp Products Inc.

April 19, 2024 | Behind the Markets (Ad)

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April 11, 2024 | finance.yahoo.com

Canfor Pulp Products Inc. Announces Annual General Meeting and Q1 2024 Results Conference Call

April 11, 2024 | finance.yahoo.com

Canfor Corporation Announces Annual General Meeting and Q1 2024 Results Conference Call

January 9, 2024 | realmoney.thestreet.com

Canfor Pulp price target lowered by C$0.50 at RBC Capital

January 3, 2024 | msn.com

1 Value Stock Down 35% to Buy Right Now

October 21, 2023 | finance.yahoo.com

Canfor Pulp Products (TSE:CFX) shareholders have endured a 90% loss from investing in the stock five years ago

April 19, 2024 | Behind the Markets (Ad)

Forget NVIDIA, buy this $2 AI stock now…

This company is at the center of a trillion-dollar industry, fighting for a piece of a massive $20 billion pentagon contract.

October 19, 2023 | theglobeandmail.com

Closing Bell: Canfor Pulp Products Inc flat on Wednesday (CFX)

August 25, 2023 | theglobeandmail.com

Closing Bell: Canfor Pulp Products Inc flat on Thursday (CFX)

August 8, 2023 | ca.finance.yahoo.com

CFPZF - Canfor Corporation

August 1, 2023 | markets.businessinsider.com

RBC Capital Remains a Buy on Canfor Pulp Products (CFX)

July 13, 2023 | finance.yahoo.com

Canfor Pulp's Northwood Pulp Mill to Resume Operations

July 11, 2023 | finance.yahoo.com

Canfor Pulp Temporarily Curtailing Northwood Pulp Mill Due to Ongoing Labour Dispute at B.C. Ports

May 17, 2023 | finance.yahoo.com

Canfor and Canfor Pulp Jointly Release 2022 Sustainability Report

May 17, 2023 | finance.yahoo.com

Canfor Pulp and Canfor Jointly Release 2022 Sustainability Report

May 16, 2023 | theglobeandmail.com

Closing Bell: Canfor Pulp Products Inc down on Monday (CFX)

May 3, 2023 | theglobeandmail.com

Closing Bell: Canfor Pulp Products Inc up on Tuesday (CFX)

April 18, 2023 | theglobeandmail.com

Closing Bell: Canfor Pulp Products Inc up on Monday (CFX)

April 14, 2023 | theglobeandmail.com

Closing Bell: Canfor Pulp Products Inc up on Friday (CFX)

April 5, 2023 | theglobeandmail.com

Closing Bell: Canfor Pulp Products Inc down on Tuesday (CFX)

March 1, 2023 | seekingalpha.com

Canfor Pulp Products Non-GAAP EPS of -C$0.52, revenue of C$268.1M

January 12, 2023 | theglobeandmail.com

About 300 jobs affected as Canfor announces pulp line closure at B.C. mill

December 23, 2022 | seekingalpha.com

CFX:CA Canfor Pulp Products Inc.

June 30, 2022 | ca.finance.yahoo.com

An FDA Panel Decides It's Time For New COVID-19 Boosters

May 13, 2022 | finance.yahoo.com

What Kind Of Shareholders Own Canfor Pulp Products Inc. (TSE:CFX)?

See More Headlines

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Company Calendar

Last Earnings: 3/05/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/02/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Basic Materials
Industry: Paper & Paper Products
Sub-Industry: N/A
Current Symbol: TSE:CFX
CUSIP: N/A
CIK: N/A
Web: www.canforpulp.com
Phone: +1-604-6615241
Fax: N/A
Employees: 1,004
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$1.95
High Stock Price Target: C$2.75
Low Stock Price Target: C$1.50
Potential Upside/Downside: +25.8%
Consensus Rating: Hold
Rating Score (0-4): 2.20
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($1.47)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 12.92
P/E Growth: -25.62
Net Income: C$-96,100,000.00
Net Margins: -10.98%
Pretax Margin: N/A
Return on Equity: -25.14%
Return on Assets: -11.03%

Debt

Debt-to-Equity Ratio: 32.39
Current Ratio: 0.94
Quick Ratio: 0.73

Sales & Book Value

Annual Sales: C$875.50 million
Price / Sales: 0.12
Cash Flow: C$0.04 per share
Price / Cash Flow: 41.10
Book Value: C$5.17 per share
Price / Book: 0.30

Miscellaneous

Outstanding Shares: 65,230,000
Free Float: N/A
Market Cap: C$101.11 million
Optionable: Not Optionable
Beta: 1.37

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Key Executives

Mr. Kevin Edgson C.M.A. (Age 60)
M.B.A., President & CEO
Comp: $1.05M
Mr. Patrick A. J. Elliott
CFO & Senior VP of Sustainability
Mr. David M. Calabrigo (Age 65)
Corporate Secretary
Mr. Daniel Barwin
Director & Head of Corporate Finance
Ms. Michelle Ward
Vice President of Corporate Communications
Mr. Kevin Pankratz
Senior Vice President of Sales & Marketing
Mr. Kevin Horsnell M.B.A.
Senior Vice President of Canadian Operations
Mr. Måns Johansson
CEO of Vida Group & President of Canfor Europe

Key Competitors

View All Competitors

CFX Stock Analysis - Frequently Asked Questions

Should I buy or sell Canfor Pulp Products stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canfor Pulp Products in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CFX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CFX, but not buy additional shares or sell existing shares.
View CFX analyst ratings or view top-rated stocks.
What is Canfor Pulp Products' stock price target for 2024?: 5 analysts have issued 1-year price objectives for Canfor Pulp Products' stock. Their CFX share price targets range from C$1.50 to C$2.75. On average, they expect the company's share price to reach C$1.95 in the next year. This suggests a possible upside of 25.8% from the stock's current price.
View analysts price targets for CFX or view top-rated stocks among Wall Street analysts.
How have CFX shares performed in 2024?: Canfor Pulp Products' stock was trading at C$1.80 at the start of the year. Since then, CFX stock has decreased by 13.9% and is now trading at C$1.55.
View the best growth stocks for 2024 here.
When is Canfor Pulp Products' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our CFX earnings forecast.

How were Canfor Pulp Products' earnings last quarter?: Canfor Pulp Products Inc. (TSE:CFX) posted its quarterly earnings results on Tuesday, March, 5th. The company reported ($0.20) EPS for the quarter, beating analysts' consensus estimates of ($0.33) by $0.13. The business earned $193.90 million during the quarter. Canfor Pulp Products had a negative net margin of 10.98% and a negative trailing twelve-month return on equity of 25.14%.
Is Canfor Pulp Products a good dividend stock?: Canfor Pulp Products (TSE:CFX) pays an annual dividend of C$0.25 per share and currently has a dividend yield of 4.76%. CFX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CFX.
What other stocks do shareholders of Canfor Pulp Products own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Canfor Pulp Products investors own include Canfor (CFP), West Fraser Timber Co. Ltd. (WFT.TO) (WFT), Eldorado Gold (EGO), Manulife Financial (MFC), Norbord (OSB), Alimentation Couche-Tard (ATD.B), Dream Global REIT (DRG.UN), CGI (GIB.A), Interfor (IFP) and Kirkland Lake Gold (KL).
How do I buy shares of Canfor Pulp Products?: Shares of CFX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:CFX) was last updated on 4/19/2024 by MarketBeat.com Staff

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Canfor Pulp Products (CFX) Stock Price, News & Analysis

Canfor Pulp Products MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Canfor Pulp Products Stock (TSE:CFX)

CFX Stock Price History

CFX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

CFX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™