Q4 2017 EPS Estimates for CanWel Building Materials Group Ltd (CWX) Raised by Analyst

CanWel Building Materials Group Ltd (TSE:CWX) – Stock analysts at National Bank Financial boosted their Q4 2017 earnings per share (EPS) estimates for shares of CanWel Building Materials Group in a report released on Sunday. National Bank Financial analyst L. Aghazarian now expects that the company will post earnings per share of $0.07 for the quarter, up from their prior forecast of $0.05. National Bank Financial currently has a “Outperform” rating and a $7.50 target price on the stock.

Separately, Royal Bank of Canada reissued an “outperform” rating and issued a C$7.50 price target on shares of CanWel Building Materials Group in a report on Monday, October 23rd.

Shares of CanWel Building Materials Group (TSE CWX) opened at C$6.33 on Wednesday. The stock has a market cap of $491.59, a price-to-earnings ratio of 18.09 and a beta of 0.49. CanWel Building Materials Group has a 1-year low of C$5.76 and a 1-year high of C$7.50.

CanWel Building Materials Group (TSE:CWX) last posted its quarterly earnings data on Thursday, November 9th. The company reported C$0.17 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of C$0.17. The business had revenue of C$316.84 million during the quarter, compared to the consensus estimate of C$287.83 million. CanWel Building Materials Group had a net margin of 3.65% and a return on equity of 15.13%. ILLEGAL ACTIVITY NOTICE: “Q4 2017 EPS Estimates for CanWel Building Materials Group Ltd (CWX) Raised by Analyst” was published by Community Financial News and is the property of of Community Financial News. If you are reading this piece on another publication, it was copied illegally and republished in violation of U.S. & international trademark and copyright legislation. The legal version of this piece can be viewed at https://www.com-unik.info/2018/02/09/q4-2017-eps-estimates-for-canwel-building-materials-group-ltd-cwx-raised-by-analyst.html.

About CanWel Building Materials Group

CanWel Building Materials Group Ltd is a Canada-based wholesale distributor of building materials and home renovation products, and provider of wood pressure treating services in Canada and the Western United States. The Company services the new home construction, home renovation and industrial markets by supplying the retail and wholesale lumber and building materials industry, hardware stores, industrial and furniture manufacturers similar concerns.

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