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Weyerhaeuser (WY) Stock Moves -1.19%: What You Should Know
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Weyerhaeuser (WY - Free Report) closed at $35.74 in the latest trading session, marking a -1.19% move from the prior day. This change was narrower than the S&P 500's 1.7% loss on the day.
Coming into today, shares of the timber and paper products company had gained 5.88% in the past month. In that same time, the Construction sector lost 1.91%, while the S&P 500 lost 0.27%.
Investors will be hoping for strength from WY as it approaches its next earnings release. In that report, analysts expect WY to post earnings of $0.69 per share. This would mark year-over-year growth of 32.69%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.36 billion, up 11.61% from the year-ago period.
WY's full-year Zacks Consensus Estimates are calling for earnings of $3.37 per share and revenue of $10.11 billion. These results would represent year-over-year changes of +161.24% and +34.19%, respectively.
Investors should also note any recent changes to analyst estimates for WY. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.32% lower. WY is holding a Zacks Rank of #4 (Sell) right now.
Valuation is also important, so investors should note that WY has a Forward P/E ratio of 10.73 right now. This represents a discount compared to its industry's average Forward P/E of 12.64.
The Building Products - Wood industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 94, which puts it in the top 38% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Weyerhaeuser (WY) Stock Moves -1.19%: What You Should Know
Weyerhaeuser (WY - Free Report) closed at $35.74 in the latest trading session, marking a -1.19% move from the prior day. This change was narrower than the S&P 500's 1.7% loss on the day.
Coming into today, shares of the timber and paper products company had gained 5.88% in the past month. In that same time, the Construction sector lost 1.91%, while the S&P 500 lost 0.27%.
Investors will be hoping for strength from WY as it approaches its next earnings release. In that report, analysts expect WY to post earnings of $0.69 per share. This would mark year-over-year growth of 32.69%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.36 billion, up 11.61% from the year-ago period.
WY's full-year Zacks Consensus Estimates are calling for earnings of $3.37 per share and revenue of $10.11 billion. These results would represent year-over-year changes of +161.24% and +34.19%, respectively.
Investors should also note any recent changes to analyst estimates for WY. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.32% lower. WY is holding a Zacks Rank of #4 (Sell) right now.
Valuation is also important, so investors should note that WY has a Forward P/E ratio of 10.73 right now. This represents a discount compared to its industry's average Forward P/E of 12.64.
The Building Products - Wood industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 94, which puts it in the top 38% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.