In the newest buying and selling session, Weyerhaeuser (WY) closed at $35.70, marking a -0.86% transfer from the day prior to this. This variation lagged the S&P 500’s day by day lack of 0.08%.
Heading into right this moment, shares of the timber and paper merchandise firm had misplaced 9.98% over the previous month, lagging the Development sector’s lack of 2.64% and the S&P 500’s achieve of 1.68% in that point.
Traders will likely be hoping for energy from WY because it approaches its subsequent earnings launch. In that report, analysts count on WY to submit earnings of $1.32 per share. This may mark year-over-year progress of 1100%. In the meantime, our newest consensus estimate is asking for income of $2.92 billion, up 78.85% from the prior-year quarter.
Trying on the full yr, our Zacks Consensus Estimates counsel analysts expect earnings of $3.60 per share and income of $10.22 billion. These totals would mark adjustments of +179.07% and +35.71%, respectively, from final yr.
Additionally it is necessary to notice the current adjustments to analyst estimates for WY. Latest revisions are inclined to mirror the newest near-term enterprise traits. With this in thoughts, we are able to take into account optimistic estimate revisions an indication of optimism concerning the firm’s enterprise outlook.
Primarily based on our analysis, we imagine these estimate revisions are straight associated to near-team inventory strikes. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate adjustments into consideration and delivers a transparent, actionable ranking mannequin.
Starting from #1 (Robust Purchase) to #5 (Robust Promote), the Zacks Rank system has a confirmed, outside-audited monitor report of outperformance, with #1 shares returning a median of +25% yearly since 1988. Over the previous month, the Zacks Consensus EPS estimate has moved 23.39% larger. WY at the moment has a Zacks Rank of #1 (Robust Purchase).
Taking a look at its valuation, WY is holding a Ahead P/E ratio of 10. For comparability, its business has a median Ahead P/E of 12.61, which implies WY is buying and selling at a reduction to the group.
The Constructing Merchandise – Wooden business is a part of the Development sector. This business at the moment has a Zacks Trade Rank of 6, which places it within the high 3% of all 250+ industries.
The Zacks Trade Rank consists of is listed so as from greatest to worst by way of the typical Zacks Rank of the person firms inside every of those sectors. Our analysis reveals that the highest 50% rated industries outperform the underside half by an element of two to 1.
Be sure to make the most of Zacks. Com to comply with all of those stock-moving metrics, and extra, within the coming buying and selling periods.
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Weyerhaeuser Firm (WY): Free Inventory Evaluation Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.