The Weyerhaeuser Company (NYSE:WY) is going up by 0.96% in today’s trading session, a rise equivalent to 0.24% of the stock’s price from yesterday’s market close. A news came out on 07/26/19 stating that Weyerhaeuser reports second quarter results by WSJ. The lowest point that the shares touched during the trading session was $24.47, while the peak of the day was recorded at a share price of $24.93. WY finished the previous session at $24.50 according to the data provided by Barchart, while the trading volume was observed to be $807,915.
In the 100 days of trading, WY managed to top a 25.46% Moving average. Additionally, Weyerhaeuser Company shares have achieved a 52-week range between 20.52 and 35.79 alongside 100 days raw stochastic set at 44.94%.
The number of shares outstanding, according to the fundamentals of the company, is set at 756.97M, equal to the value of $18.55B in market capitalization. Financial analysts indicate that WY shares should be still ranked as a “Outperform”. In the last 30 days, Weyerhaeuser Company shares went down by -6.68%, adding 26.43 to growth in value, on top of a +2.66% boost since 07/15/19.
Weyerhaeuser Company (NYSE:WY) Analyst’s Estimates
Weyerhaeuser Company (WY) could record at least $0.12 per share in quarterly earnings in the upcoming report on 10/25/2019, a number that would actually represent an increase of 57.79% YOY.
According to the average analyst rating, Weyerhaeuser Company would be rated as 1.75. Out of 12 different analysts monitoring WY stock, 5 analysts rate the stock as a BUY, 2 suggest to give the rating of HOLD, 5 indicate that WY is an OUTPERFORM, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERPERFORM.
On Apr-05-19, the stock earned a Upgrade rating due to a new analyst call from Stephens, while analysts from Seaport Global Securities believe that the stock is set at Buy, as concluded on Jan-23-19. BofA/Merrill, is still rather wary about the stock, deciding to keep the rating at Neutral as confirmed through a call on Jan-02-19.
BofA/Merrill, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Jan-24-18, giving the stock a Buy from the Neutral rating.
WY Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +25.20% has been attained, while the operating margin has been recorded at +13.95%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 4.24%. Beta value of the stock is recorded at 1.66. Additionally, Weyerhaeuser Company is recording price volatility of 2.43% for the period of the last seven days and 2.46% in the last 30 days.
Weyerhaeuser Company (NYSE:WY) Technical Outlook
For the period of the last 50 days, Weyerhaeuser Company had its Raw Stochastic average set at 44.98% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 26.60%. Stochastic %K for Weyerhaeuser Company, with the last 20 days included, was set at 30.35%, having Stochastic %D topping 31.92%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for Weyerhaeuser Company stocks with recording -27.77% in metrics.
Weyerhaeuser Company Insider Watch:
As far as the position of shares issued by Weyerhaeuser Company (NYSE:WY) for the period concluded at the market close of 08/14/19, 380 institutional investors increased their positions in WY shares by 49,806,919, 411 decreased positions by 32,286,023 and 165 institutional investors decided to hold positions at 502,319,237. These numbers put the complete list of institutional holdings set at 584,412,179 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 63 institutional investments with 6,379,089 new shares in addition to having 78 institutional investors selling their positions in 2,285,302 shares.