The stock of Weyerhaeuser Co. (NYSE:WY) last traded at $30.09, up 0.23% from the previous session.
WY stock price is now 1.73% away from the 50-day moving average and -5.34% away from the 200-day moving average. The market capitalization of the company currently stands at $21.89B.
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On July 10, 2023, BofA Securities Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $34 to quote $38, while ‘DA Davidson’ rates the stock as ‘Buy’
In other news, PIASECKI NICOLE WEYERHAEUSER, Director sold 5,776 shares of the company’s stock on Jun 07 ’24. The stock was sold for $169,814 at an average price of $29.40. Upon completion of the transaction, the Director now directly owns 5,790 shares in the company, valued at $0.17 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 28 ’24, Senior Vice President O’Rear Keith sold 8,349 shares of the business’s stock. A total of $300,784 was realized by selling the stock at an average price of $36.03. This leaves the insider owning 170,665 shares of the company worth $5.14 million. A total of 0.38% of the company’s stock is owned by insiders.
During the past 12 months, Weyerhaeuser Co. has had a low of $26.73 and a high of $36.27. According to the stock market information, the enterprise value for the company is $25929996288, which is based on a 29.52 price-to-earnings ratio, a 5.90 price-to-earnings-growth ratio, and a beta of 1.42. The fifty day moving average price for WY is $29.5772 and a two-hundred day moving average price translates $31.83745 for the stock.
The latest earnings results from Weyerhaeuser Co. (NYSE: WY) was released for 2024-06-30. The net profit margin was 9.89% and return on equity was 7.38% for WY. The company reported revenue of $1.94 billion for the quarter, compared to $2.0 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.9 percent. For the current quarter, analysts expect WY to generate $1.76B in revenue.
