Stephens slashes price target on Weyerhaeuser Company [WY] – find out why.

Weyerhaeuser Company [NYSE: WY] stock went on an upward path that rose over 2.23% on Friday, amounting to a one-week price increase of more than 4.34%. The company report on July 8, 2021 that Weyerhaeuser Completes Sale of 145,000 Acres of Timberlands in Washington’s North Cascades.

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Weyerhaeuser Company (NYSE: WY) announced the completion of the sale of 145,000 acres of timberlands in the North Cascades region of Washington to Hampton Resources for $266 million. The transaction was announced in April 2021, and the company anticipates no tax liability in conjunction with the sale.

ABOUT WEYERHAEUSERWeyerhaeuser Company, one of the world’s largest private owners of timberlands, began operations in 1900. We own or control approximately 11 million acres of timberlands in the U.S. and manage additional timberlands under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards. We are also one of the largest manufacturers of wood products in America. Our company is a real estate investment trust. In 2020, we generated $7.5 billion in net sales and employed approximately 9,400 people who serve customers worldwide. We are listed on the Dow Jones Sustainability North America Index. Our common stock trades on the New York Stock Exchange under the symbol WY. Learn more at www.weyerhaeuser.com.

Over the last 12 months, WY stock rose by 58.43%. The one-year Weyerhaeuser Company stock forecast points to a potential upside of 10.7. The average equity rating for WY stock is currently 2.10, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $26.25 billion, with 748.72 million shares outstanding and 747.71 million shares in the current float. Compared to the average trading volume of 5.64M shares, WY stock reached a trading volume of 5343852 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Weyerhaeuser Company [WY]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WY shares is $40.11 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WY stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Stephens have made an estimate for Weyerhaeuser Company shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on May 03, 2021. While these analysts kept the previous recommendation, Raymond James raised their target price from $37 to $50. The new note on the price target was released on April 26, 2021, representing the official price target for Weyerhaeuser Company stock. Previously, the target price had yet another raise to $34, while Raymond James analysts kept a Outperform rating on WY stock.

The Average True Range (ATR) for Weyerhaeuser Company is set at 0.80, with the Price to Sales ratio for WY stock in the period of the last 12 months amounting to 3.16. The Price to Book ratio for the last quarter was 2.87, with the Price to Cash per share for the same quarter was set at 1.39. Price to Free Cash Flow for WY in the course of the last twelve months was 14.35 with Quick ratio for the last quarter at 1.90.

WY Stock Performance Analysis:

Weyerhaeuser Company [WY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.34. With this latest performance, WY shares dropped by -0.58% in over the last four-week period, additionally plugging by 6.58% over the last 6 months – not to mention a rise of 58.43% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WY stock in for the last two-week period is set at 56.95, with the RSI for the last a single of trading hit 66.91, and the three-weeks RSI is set at 52.31 for Weyerhaeuser Company [WY]. The present Moving Average for the last 50 days of trading for this stock 36.47, while it was recorded at 34.80 for the last single week of trading, and 33.57 for the last 200 days.

Insight into Weyerhaeuser Company Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Weyerhaeuser Company [WY] shares currently have an operating margin of +19.92 and a Gross Margin at +33.95. Weyerhaeuser Company’s Net Margin is presently recorded at +10.58.

Return on Total Capital for WY is now 10.34, given the latest momentum, and Return on Invested Capital for the company is 5.57. Return on Equity for this stock inclined to 9.43, with Return on Assets sitting at 4.87. When it comes to the capital structure of this company, Weyerhaeuser Company [WY] has a Total Debt to Total Equity ratio set at 63.93. Additionally, WY Total Debt to Total Capital is recorded at 39.00, with Total Debt to Total Assets ending up at 34.22. Long-Term Debt to Equity for the company is recorded at 62.22, with the Long-Term Debt to Total Capital now at 37.95.

Reflecting on the efficiency of the workforce at the company, Weyerhaeuser Company [WY] managed to generate an average of $85,041 per employee. Receivables Turnover for the company is 16.04 with a Total Asset Turnover recorded at a value of 0.46.Weyerhaeuser Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.90 and a Current Ratio set at 2.40.

WY Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Weyerhaeuser Company go to 5.00%.

Weyerhaeuser Company [WY] Insider Position Details

There are presently around $22,243 million, or 84.70% of WY stock, in the hands of institutional investors. The top three institutional holders of WY stocks are: VANGUARD GROUP INC with ownership of 116,831,564, which is approximately 1.303% of the company’s market cap and around 0.30% of the total institutional ownership; PRICE T ROWE ASSOCIATES INC /MD/, holding 65,443,284 shares of the stock with an approximate value of $2.34 billion in WY stocks shares; and BLACKROCK INC., currently with $1.88 billion in WY stock with ownership of nearly -0.354% of the company’s market capitalization.

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Positions in Weyerhaeuser Company stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 393 institutional holders increased their position in Weyerhaeuser Company [NYSE:WY] by around 37,481,165 shares. Additionally, 389 investors decreased positions by around 35,210,512 shares, while 192 investors held positions by with 548,270,906 shares. The mentioned changes placed institutional holdings at 620,962,583 shares, according to the latest SEC report filing. WY stock had 103 new institutional investments in for a total of 4,864,398 shares, while 65 institutional investors sold positions of 4,916,754 shares during the same period.

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