WY Price Prediction Next Week
Technical Analysis
WY's stock has shown a downward trend over the past week, with the price declining from $32.55 to $29.61 . The stock is currently trading below both its 5-day and 10-day moving averages, indicating bearish momentum in the short term.
News Impact Recent significant news includes:
- Dividend increase: WY raised its quarterly dividend by 5% to 21 cents per share, payable on March 21, 2025
- Q4 2024 Performance: Despite better-than-expected Q4 earnings, the company faced challenges with net sales declining 3.7% year-over-year
- Strategic Investment: Plans for a $500 million TimberStrand facility in Arkansas, expected to generate $100 million annual EBITDA by 2027
Analyst Sentiment Wall Street maintains a "Strong Buy" consensus with:
- 7 Strong Buy ratings
- 2 Moderate Buy ratings
- 2 Hold ratings Mean price target: $35.70 with a high of $39.00
Price Prediction for Next Week Based on technical indicators and recent news:
- Support level: $29.50
- Resistance level: $31.00
- Expected trading range: $29.30 - $31.20
Target prices for next week:
- Bearish scenario (40% probability): $29.00
- Base scenario (45% probability): $30.25
- Bullish scenario (15% probability): $31.50
Trading Recommendation: SELL Rationale:
- Negative technical momentum
- Below key moving averages
- Weak market sentiment despite positive analyst ratings
- Potential further downside before finding strong support
Price targets:
- Entry: Current price ($29.61)
- Exit: $29.00
- Stop loss: $30.50
WY Similar Chart Price Prediction
The price of WY is predicted to go up 10.24%, based on the high correlation periods with SYY. The similarity of these two price pattern on the periods is 96.9%.
WY
SYY
Up: 10.24%Similarity: 96.9%
WY Revenue Forecast
WY EPS Forecast
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WY VS S&P500
Weyerhaeuser's growing mill capacity in the Southeastern US will reduce its exposure to export taxes and trade disputes, allowing increased profit generation.
A continued shift from plywood to OSB in single-family housing should provide a strong tailwind for Weyerhaeuser's sizable engineered wood products business.
Weyerhaeuser's Pacific Northwest timberlands are immensely productive. The region is well positioned to benefit from a shortfall in Canadian log supplies (a consequence of curtailments in British Columbia) and rising wood demand from Asia.
WY Analyst's Forecast
Anthony Pettinari
Citigroup
Strong Buy
2025-01-15
Price Target
$38 → $35
Upside
+18.4%
Citi lowered the firm's price target on Weyerhaeuser to $35 from $38 and keeps a Buy rating on the shares. The firm updated its North America lumber supply/demand model and price forecasts as well as timber real estate investment trusts estimates. After a "disappointing" 2024, Citi expects Southern log prices can return to growth in 2025 on rising lumber operating rates and growing U.S. South sawmill capacity, the analyst tells investors in a research note. Citi says that while "higher-for-longer" interest rates "temper some of the upside," it is positive on Weyerhaeuser (WY) and PotlatchDeltic (PCH) citing their discounted valuations, leverage to recovering lumber prices, and ramping land-based revenue streams.
Hamir Patel
CIBC
Hold → Buy
2025-01-15
Price Target
$35
Upside
+18.4%
Michael Roxland
Truist Securities
Hold
2025-01-06
Price Target
$34 → $33
Upside
+15.79%
