Weyerhaeuser Co. (NYSE:WY) saw a downside of -1.05% to close Tuesday at $31.02 after subtracting -$0.33 on the day. The 5-day average trading volume is 2,987,760 shares of the company’s common stock. It has gained $32.30 in the past week and touched a new high 1 time within the past 5 days. An average of 3,243,040 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,061,672.
WY’s 1-month performance is -4.93% or -$1.61 on its low of $30.82 reached on 09/26/23. The company’s shares have touched a 52-week low of $26.64 and high of $35.08, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, WY has achieved 2.77% or $0.02 and has reached a new high 13 times. However, the current price is down -11.57% from the 52-week high price.
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Insider Transactions
WY stock investors last saw insider trading activity on Sep 13.Merle Denise M (Senior Vice President) most recently sold 7,500 shares at $32.29 per share on Sep 13. This transaction cost the insider $242,152. Senior Vice President, Merle Denise M, sold 5,719 shares at a price of $28.54 on Jun 01. Then, on May 16, Senior Vice President Merle Denise M sold 1,781 shares at a price of $30.00 per share. This transaction amounted to $53,430.
Valuation Metrics
WY stock has a beta of 1.52. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.84 while the price-to-book (PB) in the most recent quarter is 2.24, with the price to cash flow ratio at 26.12.
. In terms of profitability, the gross margin trailing 12 months is 28.83%. The firm’s gross profit as reported stood at $3.62 billion against revenue of $10.18 billion.
Earnings Surprise
Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -242.61% to $230.0 million, while revenue of $151.0 million was 34.35% off the previous quarter. EBITDA for the quarter stood at more than $445.0 million. WY stock balance sheet for the recent quarter shows that total liabilities totaled 7.33 billion, with total debt at $5.82 billion. Shareholders hold equity totaling $730.75 million.
Let’s look briefly at Weyerhaeuser Co. (WY) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 28.58% to suggest the stock is trending oversold, with historical volatility in this time period at 14.92%.
The stock’s 5-day moving average is $31.32, reflecting a -2.94% or -$0.94 change from its current price. WY is currently trading -5.63% above its 20-day SMA, +5.94% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -9.64% and SMA200 by-2.11%.
Stochastic %K and %D was 14.93% and 12.72% and the average true range (ATR) pointed at 0.51. The RSI (14) points at 33.36%, while the 14-day stochastic is at 10.02% with the period’s ATR at 0.52. The stock’s 9-day MACD Oscillator is pointing at -0.56 and -0.72 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Weyerhaeuser Co. (NYSE: WY), BofA Securities upgraded it to a Buy rating. They previously had a Neutral rating on the stock. Analysts offering their rating for WY stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate WY as a “sell,”, while 4 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 7 have offered a “buy” rating.
What is WY’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $36.00 and a high of $42.00, with their median price target at $39.00. Looking at these predictions, the average price target given by analysts is for Weyerhaeuser Co. (WY) stock is $38.89.
