Weyerhaeuser Co (NYSE:WY) shares, rose in value, with the stock price up by 0.23% to the previous day’s close as strong demand from buyers drove the stock to $25.89.
Actively observing the price movement in the last trading, the stock closed the session at $25.83. The PE ratio was 51.66 over 12-month period. Referring to stock’s 52-week performance, its high was $34.03, and the low was $24.10. On the whole, WY has fluctuated by 1.25% over the past month.
With the market capitalization of Weyerhaeuser Co currently standing at about $18.78 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.81, with its dividend yield at 3.13%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.39B, with a low estimate of 1.89B and a high estimate of 2.09B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.96B.
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 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.74, with the price of WY currently trading nearly -0.46% and -3.16% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.65, while the 7-day volatility ratio is showing 1.11% which for the 30-day chart, stands at 1.63%. Furthermore, Weyerhaeuser Co (WY)’s beta value is 1.16, and its average true range (ATR) is 0.63.
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 0.23% in last session, and over the past year, it shrunk by -14.02%%.
Data on historical trading for Weyerhaeuser Co (NYSE:WY) indicates that the trading volumes over the past 3 months, they’ve averaged 3.99 million. According to company’s latest data on outstanding shares, there are 725.67 million shares outstanding.
Nearly 0.42% of Weyerhaeuser Co’s shares belong to company insiders and institutional investors own 90.11% of the company’s shares. The stock has fallen by -8.03% 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.
