Weyerhaeuser Co. (NYSE:WY) shares, rose in value on Friday, April 26, with the stock price down by -1.50% to the previous day’s close as strong demand from buyers drove the stock to $30.99.
Actively observing the price movement in the recent trading, the stock is buoying the session at $31.46. The PE ratio was 27.04 over 12-month period. Referring to stock’s 52-week performance, its high was $36.27, and the low was $28.00. On the whole, WY has fluctuated by -13.76% over the past month.
The company’s Forward Dividend Ratio is 0.77, with its dividend yield at 2.48%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.86B, with a low estimate of 1.97B and a high estimate of 2.25B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.09B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WY’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 5.41, with the price of WY currently trading nearly -6.97% and -8.66% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 25.99, while the 7-day volatility ratio is showing 1.68% which for the 30-day chart, stands at 1.74%. Furthermore, Weyerhaeuser Co. (WY)’s beta value is 1.46, and its average true range (ATR) is 0.68.
A comparison of Weyerhaeuser Co. (WY) with its peers suggests the former has fared considerably weaker in the market. WY showed an intraday change of -1.50% in today’s session so far, and over the past year, it grew by 6.61%%.
Data on historical trading for Weyerhaeuser Co. (NYSE:WY) indicates that the trading volumes over the past 3 months, they’ve averaged 3.44 million. According to company’s latest data on outstanding shares, there are 729.75 million shares outstanding.
Nearly 0.38% of Weyerhaeuser Co.’s shares belong to company insiders and institutional investors own 85.28% of the company’s shares. The stock has fallen by -10.50% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WY stock heading into the next quarter.
