Weyerhaeuser Co (NYSE: WY) Not A Good Play Anymore?

Weyerhaeuser Co (WY) concluded trading on Thursday at a closing price of $27.21, with 4.91 million shares of worth about $133.54 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -6.24% during that period and on December 19, 2024 the price saw a loss of about -2.68%. Currently the company’s common shares owned by public are about 726.76M shares, out of which, 723.80M shares are available for trading.

Stock saw a price change of -10.49% in past 5 days and over the past one month there was a price change of -11.31%. Year-to-date (YTD), WY shares are showing a performance of -21.41% which decreased to -20.68% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $26.73 but also hit the highest price of $36.27 during that period. The average intraday trading volume for Weyerhaeuser Co shares is 3.57 million. The stock is currently trading -11.65% below its 20-day simple moving average (SMA20), while that difference is down -13.28% for SMA50 and it goes to -13.29% lower than SMA200.

Weyerhaeuser Co (NYSE: WY) currently have 726.76M outstanding shares and institutions hold larger chunk of about 87.99% of that.

The stock has a current market capitalization of $19.77B and its 3Y-monthly beta is at 1.43. PE ratio of stock for trailing 12 months is 37.21, while it has posted earnings per share of $0.73 in the same period. It has a debt-to-equity ratio of 0.51. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for WY, volatility over the week remained 2.84% while standing at 2.27% over the month.

Stock’s fiscal year EPS is expected to drop by -55.27% while it is estimated to increase by 95.67% in next year. EPS is likely to shrink at an annualized rate of -13.66% for next 5-years, compared to annual growth of 3.00% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BMO Capital Markets on December 06, 2024 offering an Outperform rating for the stock and assigned a target price of $38 to it. On July 10, 2023, BofA Securities Upgrade their recommendations, while on April 10, 2023, DA Davidson Upgrade their ratings for the stock with a price target of $35. Stock get a Neutral rating from BofA Securities on September 20, 2022.

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