As of Friday close, Weyerhaeuser Company’s (NYSE:WY) stock was up $0.1, moving up 0.32 percent to $31.28. The average number of shares traded per day over the past five days has been 3,013,000 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.27 fall in that time frame. In the last twenty days, the average volume was 3,169,775, while in the previous 50 days, it was 3,046,948.
Since last month, WY stock retreated -6.12%. Shares of the company fell to $30.99 on 09/21/23, the lowest level in the past month. A 52-week high of $35.08 was reached on 02/02/23 after having rallying from a 52-week low of $26.64. Since the beginning of this year, WY’s stock price has risen by 3.63% or $0.28, and marked a new high 13 times. However, the stock has declined by -10.83% since its 52-week high.
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WY stock investors should be aware that Weyerhaeuser Company (WY) stock had its last reported insider trading activity 10 days ago on Sep 13. Merle Denise M, the Senior Vice President of the company, disposed of 7,500 shares for $32.29 on Sep 13. It resulted in a $242,152 divestment by the insider. Merle Denise M sold 5,719 shares at an average price of $28.54 on Jun 01. The insider now owns 154,788 shares following the transaction. On May 16, Senior Vice President Merle Denise M sold 1,781 shares at $30.00 apiece. The transaction was valued at $53,430.
Valuation Metrics
Right now, Weyerhaeuser Company (WY) has a P/E ratio of about 32.82. The stock’s beta is 1.52. Besides these, the trailing price-to-sales (P/S) ratio of 2.88, the price-to-book (PB) ratio of 2.26, and the price-to-cash flow ratio of 26.04 may also be considered.
The latest dividend of $0.19 per share was paid out, remained unchanged from last year’s $0.19. On Thursday February 9 2023, a $0.71 dividend decrease was announced.
Financial Health
In the three months ended June 29, Weyerhaeuser Company’s quick ratio stood at 1.40, while its current ratio was 1.70, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.48, and the total debt-to-equity ratio was 0.57. On the profitability front, the trailing twelve-month gross margin is 22.70% percent. In the year ended June 29, operating margins totaled 15.60%. Based on annual data, WY earned $3.62 billion in gross profit and brought in $10.18 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 13.70%. Return on equity (ROE) for the past 12 months was 6.70%.
In Weyerhaeuser Company’s quarter-end financial report for June 29, it reported total debt of $4.82 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. WY’s revenue fell -48.87% to $1.88 billion during the quarter, while net income inched up to $2.0 billion. While analysts expected Weyerhaeuser Company to report $0.21 quarterly earnings, the actual figure was $0.32 per share, beating the consensus estimate by 52.40%. During the quarter, the company generated $445.0 million in EBITDA. The liabilities of Weyerhaeuser Company were 7.33 billion at the end of its most recent quarter ended June 29, and its total debt was $5.82 billion. The value of shareholders’ equity is $730.75 million.
Technical Picture
This quick technical analysis looks at Weyerhaeuser Company’s (WY) price momentum. With a historical volatility rate of 15.49%, the RSI 9-day stood at 31.10% on 22 September.
With respect to its five-day moving average, the current Weyerhaeuser Company price is down by -3.90% percent or -$1.27. At present, WY shares trade -4.55% below its 20-day simple moving average and +5.14% percent above its 100-day simple moving average. However, the stock is currently trading approximately -8.40% below its SMA50 and -0.76% below its SMA200.
Stochastic coefficient K was 8.66% and Stochastic coefficient D was 8.93%, while ATR was 0.52. Given the Stochastic reading of 15.51% for the 14-day period, the RSI (14) reading has been calculated as 35.37%. As of today, the MACD Oscillator reading stands at -0.61, while the 14-day reading stands at -0.67.
Analyst Ratings
BofA Securities upgraded its rating on Weyerhaeuser Company (NYSE: WY) to a Buy in a note to investors on July 10, 2023. The analysts firm previously had a Neutral rating on the stock.Weyerhaeuser Company (WY) has been rated Overweight by analysts. According to 0 brokerage firms, WY is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Weyerhaeuser Company stock as buy, with 7 recommending it as overweight.
With a median target price of $39.00, the current consensus forecast for the stock is $36.00 – $42.00. Based on these forecasts, analysts predict Weyerhaeuser Company (WY) will achieve an average price target of $38.89.
