Weyerhaeuser Co. [WY] Stock trading around $33.85 per share: What’s Next?

Weyerhaeuser Co. [NYSE: WY] stock went on an upward path that rose over 0.06% on Thursday, amounting to a one-week price increase of more than 0.77%. The company report on December 27, 2023 at 9:00 AM that Weyerhaeuser Completes Sale of Initial Carbon Credit Offering.

Agreement Marks Company’s First Transaction in the Voluntary Carbon Market.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.

Weyerhaeuser Company (NYSE: WY) today announced an agreement for the sale of nearly 32,000 forest carbon credits at $29 per credit. This agreement marks Weyerhaeuser’s first transaction in the voluntary carbon market and represents the sale of all credits issued by ACR for the first year of the company’s Kibby Skinner Improved Forest Management (IFM) Project in Maine. Weyerhaeuser will immediately retire these credits on behalf of the buyer.

Over the last 12 months, WY stock rose by 12.65%. The one-year Weyerhaeuser Co. stock forecast points to a potential upside of 9.13. The average equity rating for WY stock is currently 1.92, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $24.71 billion, with 732.79 million shares outstanding and 727.53 million shares in the current float. Compared to the average trading volume of 3.65M shares, WY stock reached a trading volume of 2646836 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Weyerhaeuser Co. [WY]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WY shares is $37.25 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 1.92. 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.

Raymond James have made an estimate for Weyerhaeuser Co. shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on November 27, 2023.

The Average True Range (ATR) for Weyerhaeuser Co. is set at 0.59, with the Price to Sales ratio for WY stock in the period of the last 12 months amounting to 3.20. The Price to Book ratio for the last quarter was 2.42, with the Price to Cash per share for the same quarter was set at 2.52. Price to Free Cash Flow for WY in the course of the last twelve months was 32.56.

WY Stock Performance Analysis:

Weyerhaeuser Co. [WY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.77. With this latest performance, WY shares gained by 8.91% in over the last four-week period, additionally sinking by -0.88% over the last 6 months – not to mention a rise of 12.65% 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 55.53, with the RSI for the last a single of trading hit 51.61, and the three-weeks RSI is set at 56.87 for Weyerhaeuser Co. [WY]. The present Moving Average for the last 50 days of trading for this stock 32.22, while it was recorded at 33.83 for the last single week of trading, and 31.44 for the last 200 days.

Insight into Weyerhaeuser Co. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Weyerhaeuser Co. [WY] shares currently have an operating margin of +30.45 and a Gross Margin at +40.26. Weyerhaeuser Co.’s Net Margin is presently recorded at +18.46.

Return on Total Capital for WY is now 19.44, given the latest momentum, and Return on Invested Capital for the company is 12.18. Return on Equity for this stock inclined to 17.48, with Return on Assets sitting at 10.75. When it comes to the capital structure of this company, Weyerhaeuser Co. [WY] has a Total Debt to Total Equity ratio set at 48.11. Additionally, WY Total Debt to Total Capital is recorded at 32.48, with Total Debt to Total Assets ending up at 29.82. Long-Term Debt to Equity for the company is recorded at 38.77, with the Long-Term Debt to Total Capital now at 26.17.

Reflecting on the efficiency of the workforce at the company, Weyerhaeuser Co. [WY] managed to generate an average of $202,936 per employee. Receivables Turnover for the company is 21.90 with a Total Asset Turnover recorded at a value of 0.58.

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 Co. go to 5.00%.

Weyerhaeuser Co. [WY] Institutonal Ownership Details

The top three institutional holders of WY stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in WY stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in WY stock with ownership which is approximately 5.8325%.