Weyerhaeuser Co. (NYSE:WY) registered a -1.76% decrease, still its new closing price is 47.56% up from the company’s 1 year high of 33.28.It posted 3.34% gains in previous 5 sessions and is now the subject of 3 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 6 buy or better ratings. The 13 stock analysts following this company have an average price target at $34.88, with individual PT in the $31.00-$37.00 range. The shares moved at $31.24, implying that brokerage firms see shares gaining about 33.30% in twelve months time.
Weyerhaeuser Co. (WY) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 3.82% rise year to date. A Senior Vice President at Weyerhaeuser Co. (WY) offloaded shares in a transaction closed on Thursday December 08, 2016. Merle Denise M sold 6,503 shares in the company at $33 each and collected $214,001 in proceeds. Merle Denise M now owns 31,704 shares in the company after this transaction. A Senior Vice President in the company, Merle Denise M, disclosed a transaction on Monday October 10, 2016 that ended up generating $468,000 from the sale of 15,049 shares at $31.12 per share.
Weyerhaeuser Co. (NYSE:WY) Upcoming Results on Tap
Weyerhaeuser Co. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.29 in that period. Sales during the quarter are predicted to arrive at $1.63 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.71 billion in revenue and EPS of $0.23. The mean forecast was for $1.71 billion and $0.22 a share, respectively. One quarter earlier, revenue for the stock was at $1.66 billion, with earnings at $0.17/share.
Weyerhaeuser Co. (WY) Brokerage Update
Weyerhaeuser Co. (WY) is in Raymond James’s research list so their analyst rating change is noteworthy. These shares were upgraded to Strong Buy from Outperform by Raymond James, according to news reported on Monday January 09, 2017.Another important research note was issued by CLSA on Thursday December 15, 2016.The firm downgraded WY to Underperform from Outperform. Over the last six months and over the last three months, the shares of Weyerhaeuser Co. (WY), have changed -1.57% and 3.24%, respectively.