Over the past 12 fiscal quarters, Weyerhaeuser Company (NYSE:WY) has topped consensus earnings estimates in 7 quarters (58%), missed earnings in 4 quarters (33%), whereas at 1 occasion EPS met analyst expectations. Shares of Weyerhaeuser Company (WY) have dropped -8.5% since the company’s last earnings report.WY last reported earnings on October 26, 2018 when it released Sep-18 results that receded expectations. The company raked in $0.28 per share, -98.88% change on the same period last year. That was worse than consensus for $0.37. Revenue for the recent quarter stood at $1.91 billion, up 2% on last year and below the $1.98 billion predicted by analysts. For this quarter, Wall Street analysts forecast revenue in a range of $1.57 billion to $1.76 billion, which should be compared with $1.87 billion generated last year. EPS is seen in a range of $0.09 to $0.22, against the $0.31 reported a year ago.
WY’s 50 day simple moving average (SMA 50) price is $28.22 and its 200-day simple moving average (SMA 200) price is $33.76. The company’s stock currently has a total float of 747.45M shares. Its weekly volatility is hovering around 2.96% and felt 2.34% volatility in price over a month. On the upside, the share price will test short term resistance at around $26.09. On a downside, the stock is likely to find some support, which begins at $24.63. The failure to get near-term support could push it to $24.13.
Separately, it has been reported that multiple insider activity took place at Weyerhaeuser Company (WY). Senior Vice President Stockfish Devin W acquired 27,890 shares for $99,171 in transaction occurred on 2018/11/13. After making this transaction, the Senior Vice President owns a direct stake of 751,078 shares, worth $2,491,176, as per the last closing price. On 2018/02/23 Hillman Jeanne M, VP & Chief Accounting Officer at WY, dumped 15,389 shares at an average price of $35.22 per share. The selling total is valued at $1,606,047.
Sr. Vice President, Hunter Rhonda D had divested 23,343 shares for $76,304 through a trade on 2017/11/24. Following this activity, the insider holds 843,149 shares worth $1,916,756 as of recent close. Wall Street’s most bullish Weyerhaeuser Company (NYSE:WY) analysts are predicting the share price to blow past $36 per share during the next 12 months. The current median share price forecast by them is $33, suggesting that the stock could increase 31.37% in that time frame. The average price target of $32.41 calls for a nearly 29.02% increase in the stock price.
It had seen a positive analyst call from Vertical Research, which upgraded the stock from Hold to Buy on October 24. Analysts at BofA/Merrill, shed their negative views on January 24 by lifting it fromNeutral to Buy. Analysts at Stephens, made their first call about the stock on October 24, recommending it is Equal-Weight. BMO Capital Markets analysts came out with bearish views on August 18 when the call was made. They think the stock is now Market Perform compared to to their prior call for Outperform.
When looking at valuations, Weyerhaeuser Company (WY) has a cheap P/E of 16.38x as compared to industry average of 47.22x. Moreover, it trades for 21.54 times the next 12 months of expected earnings. Also, it is trading at rather expensive levels at just over 2.09x price/book and 2.49x price/sales. Compared to others, Weyerhaeuser Company is in a different league with regards to profitability, having net margins of 14.5%. To put some perspective around this, the industry’s average net margin is 35.6%. WY’s ROE is 12.3%, which is also considerably worse than the industry’s ROE of 14.32%. It’s also very liquid in the near term, with a current ratio of 1.3. The stock has a debt/capital of 0.71.
Weyerhaeuser Company (NYSE:WY) recently claimed $19.06B as the price has approached $25.12. There came a -5.21% decline with the closing bell on Tuesday. The stock remained range bound between $25.1 and $26.56. Trading activity significantly improved as the volume at ready counter increased to 7,677,067 shares versus 4,212,905 in average daily trading volume over the past 20 days. So far this year, the volume has averaged about 4,229,989 shares. The stock is now -2.45% above against its bear-market low of $25.75 on December 04, 2018. It has retreated -52.83% since it’s 52-week high of $38.39 reached in June. Now the market price is down -28.49% on the year and down -28.76% YTD.