Weyerhaeuser Company (WY) Director Owns Stock Worth $3500.0

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SNOW Stock
SNOW Stock

Weyerhaeuser Company (NYSE:WY) finished Thursday with a subtraction of -$0.59 to close at $28.82, a downside of -2.02 percent. An average of 4,462,421 shares of common stock have been traded in the last five days. There was a fall of -$1.99 in the past week, and it reached a new high 19 times over the past 12 months. The last 20 days have seen an average of 4,030,235 shares traded, while the 50-day average volume stands at 3,701,994.

WY stock has decreased by -17.18% in the last month. The company shares reached their 1-month lowest point of $28.56 on 09/23/22. With the stock rallying to its 52-week high on 02/09/22, shares of the company touched a low of $29.39 and a high of $42.86 in 52 weeks. It has reached a new high 4 times so far this year and lost -26.02% or -$12.44 in price. In spite of this, the price is down -32.77% from the 52-week high.


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Valuation Metrics

Weyerhaeuser Company (WY) has a trailing price-to-earnings (P/E) ratio of 8.96. The stock’s beta is 1.50. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.09, the price-to-book (PB) ratio at 2.02, and the price-to-cash flow ratio at 18.17.

The company has a payout ratio of 21.30%. The company’s most recent quarterly dividend payment was $0.18 a share, without any change from last year. Its latest decrease dividend $1.27 reported on Monday February 14 2022.

Financial Health

The quick ratio of Weyerhaeuser Company for the three months ended June 29 was 2.60, and the current ratio was 3.20, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.47 and a total debt to equity ratio of 0.00 for the quarter ending June 29. Its gross profit as reported stood at $4.1 billion compared to revenue of $10.2 billion.

Earnings Surprise

For the three-month period that ended June 29, Weyerhaeuser Company had $5.05 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $788.0 million in the quarter, while revenues were shrunk -30.46%. The analyst consensus anticipated Weyerhaeuser Company’s latest quarter earnings to come in at $0.98 per share, but it turned out to be $1.06, a 8.20% surprise. For the quarter, EBITDA amounted to $1.17 billion. Shareholders own equity worth $740.32 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Weyerhaeuser Company (WY) price momentum. RSI 9-day as of the close on 22 September was 21.01%, suggesting the stock is oversold, with historical volatility in this time frame at 41.50%.

As of today, WY’s price is $29.93 -6.48% or -$1.99 from its 5-day moving average. WY is currently trading -21.52% lower than its 20-day SMA and -28.24% lower than its 100-day SMA. However, the stock’s current price level is -16.36% below the SMA50 and -26.96% below the SMA200.

The stochastic %K and %D were 3.78% and 7.40%, respectively, and the average true range (ATR) was 1.02. With the 14-day stochastic at 2.78% and the average true range at 0.97, the RSI (14) stands at 24.86%. The stock has reached -1.27 on the 9-day MACD Oscillator while the 14-day reading was at -2.51.

Analyst Ratings

BofA Securities downgraded Weyerhaeuser Company (NYSE: WY) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for Weyerhaeuser Company (WY) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell WY, while 7 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 5 others rate it as a “buy”.

What is WY’s price target for the next 12 months?

Analysts predict a range of price targets between $34.00 and $45.00, with a median target of $41.00. Taking a look at these predictions, the average price target given by analysts for Weyerhaeuser Company (WY) stock is $39.90.

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