West Fraser Timber Stock Today
| WFG Stock | USD 78.42 1.05 1.36% |
Performance0 of 100
| Odds Of DistressLess than 26
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West Fraser is trading at 78.42 as of the 23rd of April 2024. This is a 1.36 percent up since the beginning of the trading day. The stock's lowest day price was 77.12. West Fraser has about a 26 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for West Fraser Timber are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 13th of July 2007 | Category Basic Materials |
Ltd., a diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals and renewable energy. It sells its products to major retail chains, contractor supply yards, and wholesalers, as well as industrial customers for further processing or as components for other products in Canada, the United States, China, Europe, Asia, and other countries. The company has 79.33 M outstanding shares of which 587.85 K shares are at this time shorted by investors with about 5.07 days to cover. More on West Fraser Timber
Moving together with West Stock
| 0.63 | UFPI | Ufp Industries Earnings Call This Week | PairCorr |
Moving against West Stock
| 0.52 | MP | MP Materials Corp Financial Report 2nd of May 2024 | PairCorr |
West Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. West Fraser's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding West Fraser or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Raymond Ferris | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Waterfront Capital Corporation | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Paper & Forest Products, Lumber & Wood Production, Basic Materials, NYSE Composite, SP TSX Composite, ESG Investing, Construction Materials, Materials, Paper & Forest Products, Lumber & Wood Production, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering West Fraser report their recommendations after researching West Fraser's financial statements, talking to executives and customers, or listening in on West Fraser's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering West Fraser Timber. The West consensus assessment is calculated by taking the average forecast from all of the analysts covering West Fraser. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of West Fraser's profitability, liquidity, and operating efficiency, West Fraser Timber is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of West Fraser Timber is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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West Fraser's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to West Fraser's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand West Fraser's financial leverage. It provides some insight into what part of West Fraser's total assets is financed by creditors.
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West Fraser Timber (WFG) is traded on New York Stock Exchange in USA. It is located in 885 West Georgia Street, Vancouver, BC, Canada, V6C 3E8 and employs 10,800 people. West Fraser is listed under Paper & Forest Products category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 6.31 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate West Fraser's market, we take the total number of its shares issued and multiply it by West Fraser's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. West Fraser Timber runs under Paper & Forest Products sector within Materials industry. The entity has 79.33 M outstanding shares of which 587.85 K shares are at this time shorted by investors with about 5.07 days to cover.
West Fraser Timber has about 1.32 B in cash with 525 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.74.
Check West Fraser Probability Of Bankruptcy
Ownership AllocationWest Fraser Timber owns a total of 79.33 Million outstanding shares. West Fraser Timber owns significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check West Ownership Details
West Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of West Fraser jumping above the current price in 90 days from now is about 79.83%. The West Fraser Timber probability density function shows the probability of West Fraser stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.3348. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, West Fraser will likely underperform. Additionally, west Fraser Timber has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of West Fraser to move above the current price in 90 days from now is about 79.83 (This West Fraser Timber probability density function shows the probability of West Stock to fall within a particular range of prices over 90 days) .
West Stock Institutional Holders
Institutional Holdings refers to the ownership stake in West Fraser that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of West Fraser's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing West Fraser's value.| Instituion | Recorded On | Shares | |
| Vontobel Holding Ltd. | 2023-12-31 | 1 M | |
| Norges Bank | 2023-12-31 | 893.1 K | |
| Mackenzie Investments | 2023-12-31 | 760.1 K | |
| Grantham, Mayo, Van Otterloo & Co., Llc | 2023-12-31 | 594.8 K | |
| Fidelity International Ltd | 2023-12-31 | 594.7 K | |
| Van Lanschot Kempen Investment Management Nv | 2023-12-31 | 578.6 K | |
| Grs Advisors, Llc | 2023-12-31 | 455.9 K | |
| Bank Of America Corp | 2023-12-31 | 397.2 K | |
| Key Group Holdings (cayman), Ltd. | 2023-12-31 | 395 K | |
| Pictet Asset Manangement Sa | 2023-12-31 | 3.3 M | |
| Royal Bank Of Canada | 2023-12-31 | 2.8 M |
West Fraser Historical Income Statement
West Fraser Timber Income Statement is one of the three primary financial statements used for reporting West's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of West Fraser Timber revenue and expense. West Fraser Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, West Fraser's EBITDA is most likely to increase significantly in the upcoming years. The West Fraser's current Total Operating Expenses is estimated to increase to about 1.9 B, while Gross Profit is projected to decrease to roughly 1.2 B. View More FundamentalsWest Stock Against Markets
Picking the right benchmark for West Fraser stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in West Fraser stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for West Fraser is critical whether you are bullish or bearish towards West Fraser Timber at a given time. Please also check how West Fraser's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in West Fraser without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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West Fraser Corporate Management
Elected by the shareholders, the West Fraser's board of directors comprises two types of representatives: West Fraser inside directors who are chosen from within the company, and outside directors, selected externally and held independent of West. The board's role is to monitor West Fraser's management team and ensure that shareholders' interests are well served. West Fraser's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, West Fraser's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Keith Carter | Vice President - Pulp and Energy Operations | Profile | |
| Alan Caputo | Vice President - Human Resources | Profile | |
| James Gorman | Vice President - Corporate and Government Relations | Profile | |
| Janice Rennie | Independent Director | Profile | |
| Alan McMeekin | Vice President European Engineered Wood Products | Profile | |
| Scott Stubbington | Vice President Sales Engineered Wood Products | Profile | |
| Charles Watkins | Vice President - Capital and Technology | Profile |
How to buy West Stock?
Before investing in West Fraser, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in West Fraser. To buy West Fraser stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of West Fraser. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase West Fraser stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located West Fraser Timber stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased West Fraser Timber stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as West Fraser Timber, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy West Stock please use our How to Invest in West Fraser guide.
Already Invested in West Fraser Timber?
The danger of trading West Fraser Timber is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of West Fraser is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than West Fraser. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile West Fraser Timber is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether West Fraser Timber is a strong investment it is important to analyze West Fraser's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact West Fraser's future performance. For an informed investment choice regarding West Stock, refer to the following important reports: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Fraser Timber. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the West Fraser Timber information on this page should be used as a complementary analysis to other West Fraser's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for West Stock analysis
When running West Fraser's price analysis, check to measure West Fraser's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy West Fraser is operating at the current time. Most of West Fraser's value examination focuses on studying past and present price action to predict the probability of West Fraser's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move West Fraser's price. Additionally, you may evaluate how the addition of West Fraser to your portfolios can decrease your overall portfolio volatility.
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Is West Fraser's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of West Fraser. If investors know West will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about West Fraser listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.27) | Dividend Share 1.2 | Earnings Share (2.01) | Revenue Per Share 77.573 | Quarterly Revenue Growth (0.06) |
The market value of West Fraser Timber is measured differently than its book value, which is the value of West that is recorded on the company's balance sheet. Investors also form their own opinion of West Fraser's value that differs from its market value or its book value, called intrinsic value, which is West Fraser's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because West Fraser's market value can be influenced by many factors that don't directly affect West Fraser's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between West Fraser's value and its price as these two are different measures arrived at by different means. Investors typically determine if West Fraser is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, West Fraser's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.