In recent trading session, Weyerhaeuser Company (NYSE:WY) saw 1,312,498 shares changing hands with its beta currently measuring 1.98. Company’s recent per share price level of $28.27 trading at -$0.23 or -0.79% at recent trade assigns it a market valuation of $21.05 Billion. That current trading price of WY’s stock is at a discount of -11.71% from its 52-week high price of $31.58 and is indicating a premium of 53.66% from its 52-week low price of $13.1. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.26 Million shares which gives us an average trading volume of 5.76 Million if we extend that period to 3-months.
For Weyerhaeuser Company (WY), analysts’ consensus is at an average recommendation of Overweight while assigning it a mean rating of 2.1. Splitting up the data highlights that, out of 12 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 7 see the stock as a Buy. 1 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.26 in the current quarter.
Weyerhaeuser Company (NYSE:WY) trade information
In the face of being in the red today for losing -0.79%, in the last five days WY remained trading in the green while hitting it’s week-highest on Tuesday, Aug 11 when the stock touched $29.60- price level, adding 4.1% to its value on the day. Weyerhaeuser Company’s shares saw a change of -5.99% in year-to-date performance and have moved 0.14% in past 5-day. Weyerhaeuser Company (NYSE:WY) showed a performance of 16.07% in past 30-days. Number of shares sold short was 8.89 Million shares which calculate 1.54 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $31.22 to the stock, which implies a rise of 10.44% to its current value. Analysts have been projecting $29 as a low price target for the stock while placing it at a high target of $33. It follows that stock’s current price would jump +16.73% in reaching the projected high whereas dropping to the targeted low would mean a loss of 2.58% for stock’s current value.
Weyerhaeuser Company (WY) estimates and forecasts
Statistics highlight that Weyerhaeuser Company is scoring comparatively higher than the scores of other players of the relevant industry. The company lessened -5.79% of value to its shares in past 6 months, showing an annual growth rate of 29.1% while that of industry is 16.1. Apart from that, the company came raising its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to increase by 225% in the current quarter and calculating 333.3% increase in the next quarter. This year revenue growth is estimated to rise 4.5% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $1.89 Billion for the same. And 7 analysts are in estimates of company making revenue of $1.65 Billion in the next quarter that will end in December 01, 2020. Company posted $1.67 Billion and $1.55 Billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 13.1% while estimating it to be 6.7% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -16% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -110.3% while estimates for its earnings growth in next 5 years are of 5%
Weyerhaeuser Company (NYSE:WY)’s Major holders
Insiders are in possession of 0.27% of company’s total shares while institution are holding 79.18% percent of that, with stock having share float percentage of 79.4%. Investors also watch the number of corporate investors in a company very closely, which is 1163 institutions for Weyerhaeuser Company that are currently holding shares of the company. Vanguard Group, Inc. (The) is the top institutional holder at WY for having 110.14 Million shares of worth $1.87 Billion. And as of March 30, 2020, it was holding 14.76% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 53.33 Million shares on March 30, 2020. The number of shares represents firm’s hold over 7.15% of outstanding shares, having a total worth of $903.87 Million.
On the other hand, Vanguard Specialized-Real Estate Index Fund and First Eagle Global Fund are the top two Mutual Funds which own company’s shares. As of April 29, 2020, the former fund manager was holding 34071695 shares of worth $745.15 Million or 4.57% of the total outstanding shares. The later fund manager was in possession of 25.02 Million shares on April 29, 2020, making its stake of worth around $547.21 Million in the company or a holder of 3.35% of company’s stock.