(IFP) Interfor - Ratings and Ratios

Interfor Corporation is a leading producer of wood products, operating globally with a presence in Canada, the US, Japan, China, Taiwan, and other international markets. The companys diverse product portfolio includes decking, fascia, and board products, as well as structural lumber, catering to residential, commercial, and industrial applications. With a history dating back to 1963, Interfor has established itself as a significant player in the forest products industry, having undergone a name change from International Forest Products Limited to Interfor Corporation in 2014.

As a publicly traded company listed on the Toronto Stock Exchange (TO:IFP), Interfors financial performance is closely monitored by investors. With a market capitalization of $657.06 million CAD, the companys stock has experienced significant volatility, as reflected in its 52-week high and low prices of $21.06 and $12.25, respectively. The current stock price is $13.00, with a forward P/E ratio of 6.67, indicating potential for growth.

Analyzing the technical data, the stocks short-term moving averages (SMA20: $12.93, SMA50: $13.26) suggest a relatively stable trend, while the long-term SMA200 at $16.67 indicates a potential resistance level. The Average True Range (ATR) of 0.42, equivalent to 3.24%, implies moderate volatility. Considering the fundamental data, the companys negative RoE (-17.32%) raises concerns about its profitability. However, the forward P/E ratio suggests that investors are expecting a turnaround.

Based on the technical and fundamental analysis, a forecast for Interfor Corporations stock price is as follows: Given the current price of $13.00 and the SMA20 and SMA50 indicating a stable short-term trend, we can expect the stock to continue consolidating around the current level in the short term. However, the significant gap between the current price and the SMA200 at $16.67 may lead to a pullback towards this resistance level if the companys fundamentals improve. With a forward P/E of 6.67, we can anticipate a potential price increase to $15.00-$17.00 in the next 6-12 months, assuming a recovery in the companys profitability and an improvement in the overall market conditions.