BMO Capital Markets slashes price target on Weyerhaeuser Company [WY] – find out why.

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Weyerhaeuser Company [NYSE: WY] price surged by 2.80 percent to reach at $1.12. The company report on April 29, 2022 that Weyerhaeuser reports first quarter results.

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Achieved net earnings of $771 million, or $1.03 per diluted share, and net earnings before special items of $978 million, or $1.31 per diluted share.

A sum of 4632833 shares traded at recent session while its average daily volume was at 4.54M shares. Weyerhaeuser Company shares reached a high of $41.47 and dropped to a low of $40.07 until finishing in the latest session at $41.17.

The one-year WY stock forecast points to a potential upside of 8.29. The average equity rating for WY stock is currently 1.90, trading closer to a bullish pattern in the stock market.

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 $44.89 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 1.90. 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.

BMO Capital Markets have made an estimate for Weyerhaeuser Company shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on May 02, 2022. The new note on the price target was released on July 27, 2021, representing the official price target for Weyerhaeuser Company stock. Previously, the target price had yet another raise to $40, while Goldman analysts kept a Buy rating on WY stock.

The Average True Range (ATR) for Weyerhaeuser Company is set at 1.19, with the Price to Sales ratio for WY stock in the period of the last 12 months amounting to 3.06. The Price to Book ratio for the last quarter was 2.86, with the Price to Cash per share for the same quarter was set at 2.47. Price to Free Cash Flow for WY in the course of the last twelve months was 12.28 with Quick ratio for the last quarter at 2.70.

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 0.73. With this latest performance, WY shares gained by 8.29% in over the last four-week period, additionally plugging by 15.33% over the last 6 months – not to mention a rise of 10.36% 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 56.01, with the RSI for the last a single of trading hit 55.38, and the three-weeks RSI is set at 55.17 for Weyerhaeuser Company [WY]. The present Moving Average for the last 50 days of trading for this stock 39.38, while it was recorded at 41.04 for the last single week of trading, and 37.99 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 +34.95 and a Gross Margin at +44.85. Weyerhaeuser Company’s Net Margin is presently recorded at +25.56.

Return on Equity for this stock inclined to 26.74, with Return on Assets sitting at 15.35.

Weyerhaeuser Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.70 and a Current Ratio set at 3.30.

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 $24,999 million, or 84.80% of WY stock, in the hands of institutional investors. The top three institutional holders of WY stocks are: VANGUARD GROUP INC with ownership of 118,702,770, which is approximately 0.254% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 57,396,782 shares of the stock with an approximate value of $2.3 billion in WY stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $1.84 billion in WY stock with ownership of nearly 3.784% of the company’s market capitalization.

Positions in Weyerhaeuser Company stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 472 institutional holders increased their position in Weyerhaeuser Company [NYSE:WY] by around 35,978,968 shares. Additionally, 388 investors decreased positions by around 35,019,234 shares, while 199 investors held positions by with 553,185,020 shares. The mentioned changes placed institutional holdings at 624,183,222 shares, according to the latest SEC report filing. WY stock had 141 new institutional investments in for a total of 6,066,667 shares, while 67 institutional investors sold positions of 2,963,947 shares during the same period.