In the newest buying and selling session, Weyerhaeuser (WY) closed at $33.41, marking a -1.85% transfer from the day prior to this. This transfer lagged the S&P 500’s each day lack of 1.31%.
Heading into in the present day, shares of the timber and paper merchandise firm had misplaced 8.3% over the previous month, lagging the Development sector’s lack of 6.37% and the S&P 500’s achieve of 1.56% in that point.
WY will probably be seeking to show energy because it nears its subsequent earnings launch. The corporate is anticipated to report EPS of $1.39, up 1163.64% from the prior-year quarter. Our most up-to-date consensus estimate is looking for quarterly income of $2.92 billion, up 78.85% from the year-ago interval.
For the complete yr, our Zacks Consensus Estimates are projecting earnings of $3.70 per share and income of $10.22 billion, which might symbolize modifications of +186.82% and +35.71%, respectively, from the prior yr.
Buyers may also discover current modifications to analyst estimates for WY. Current revisions are inclined to replicate the newest near-term enterprise developments. Because of this, we are able to interpret optimistic estimate revisions as a very good signal for the corporate’s enterprise outlook.
Our analysis exhibits that these estimate modifications are straight correlated with near-term inventory costs. To learn from this, we now have developed the Zacks Rank, a proprietary mannequin which takes these estimate modifications into consideration and supplies an actionable ranking system.
The Zacks Rank system ranges from #1 (Sturdy Purchase) to #5 (Sturdy Promote). It has a outstanding, outside-audited observe report of success, with #1 shares delivering a median annual return of +25% since 1988. Over the previous month, the Zacks Consensus EPS estimate has moved 26.82% greater. WY is at the moment sporting a Zacks Rank of #1 (Sturdy Purchase).
When it comes to valuation, WY is at the moment buying and selling at a Ahead P/E ratio of 9.2. For comparability, its trade has a median Ahead P/E of 11.69, which implies WY is buying and selling at a reduction to the group.
The Constructing Merchandise – Wooden trade is a part of the Development sector. This group has a Zacks Business Rank of seven, placing it within the high 3% of all 250+ industries.
The Zacks Business Rank gauges the energy of our trade teams by measuring the common Zacks Rank of the person shares throughout the teams. Our analysis exhibits that the highest 50% rated industries outperform the underside half by an element of two to 1.
Yow will discover extra info on all of those metrics, and rather more, on Zacks.com.
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Weyerhaeuser Firm (WY): Free Inventory Evaluation Report
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