How to Buy West Fraser Timber Co Stock
West Fraser Timber Co Ltd
West Fraser Timber Co is a lumber company located in British Columbia, Canada, which is part of the Basic Materials sector, and is traded under the ticker WFG on the NYSE exchange.
West Fraser Timber Co stock last closed at $72.50, down 1.08% from the previous day, and has decreased 7.55% in one year. It has overperformed other stocks in the Lumber & Wood Production industry by 0.1 percentage points. West Fraser Timber Co stock is currently +4.35% from its 52-week low of $69.48, and -29.2% from its 52-week high of $102.40.
At the moment, there are 79.99M WFG shares outstanding. The market capitalization of WFG is $5.80B. In the last 24 hours, 138,181 WFG shares were traded.
How to Buy West Fraser Timber Co Stock
Not sure how to invest in West Fraser Timber Co stock? Here's how.
- Decide where to buy West Fraser Timber Co stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy West Fraser Timber Co stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your method of payment and add your info.
- Research West Fraser Timber Co stock: The West Fraser Timber Co ticker symbol is WFG. Is West Fraser Timber Co stock a good investment? Should you buy shares of WFG? How do WFG's underlying business fundamentals look? Do top analysts think West Fraser Timber Co is a good buy? Why has WFG's stock price moved recently? (Hint: Our stock research website can help you decide if WFG is a good stock to buy).
- Execute your WFG buy order: Decide if you will purchase WFG shares at the current market price or use a limit order to purchase WFG shares at a specific price.
- Track your investment in WFG: Create a watchlist to the latest updates on your new investment in West Fraser Timber Co shares.
Step 1: Decide where to buy West Fraser Timber Co stock
You need an online brokerage account to access the NYSE market and buy WFG shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, you need to fill out some personal details so you are able to buy WFG stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open your new trading account.
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Step 3: Put funds into your brokerage account
Now that you have opened your account on the stocks app, you need to deposit funds:
Watch this video walkthrough if you need help depositing funds into your new brokerage account.
Step 4: Research West Fraser Timber Co stock
After you have figured out the best place to buy West Fraser Timber Co stock, it's crucial to evaluate their stock prior to investing, so you actually comprehend the risk and upside.
Overview of key WFG info
West Fraser Timber Co Due Diligence Checks
WallStreetZen was designed to help average investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on WFG's stock page.
Is WFG stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge WFG's intrinsic value.
Using relative valuations metrics:
- WFG could be undervalued based on its P/B ratio of 0.83x, relative to Lumber & Wood Production industry P/B ratio of 1.51x
You can access more valuation analysis on WFG's stock here.
WFG Financial Health Overview
Pros:
- WFG's operating cash flow of $661.00M allows it to safely service it's debt of $200.00M.
- There are more short-term assets than short-term liabilities on the WFG balance sheet.
- WFG earnings of $38.00M is not enough to cover its interest payments.
- WFG profit margin has gone up from -2.6% to -0.1% in the past year.
- WFG has a low debt to equity ratio of 0.26.
- There are more short-term assets than long-term liabilities on the WFG balance sheet.
- Total WFG debt is lower than 5 years ago, relative to shareholder equity.
Is it a good time to buy WFG stock, according to Wall Street analysts?
Out of 2 Wall Street analysts who track WFG, the consensus analyst rating on WFG is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the West Fraser Timber Co stock forecast page.
WFG Momentum
WFG Earnings
Last year, WFG revenue was $6.17B. In the last 5 year, WFG's revenue has increased by 4.83% per year. This was slower than the Lumber & Wood Production industry average of 9.25%.
Learn more about WFG's earnings and revenue performance here.
Are WFG executives and large shareholders buying or selling the stock?
In the past 12 months, executives and large shareholders at WFG have not bought or sold any shares.
Get more info about who owns WFG stock here.
Does WFG stock generate passive income?
West Fraser Timber Co pays a dividend of 0.44%, compared to the Lumber & Wood Production industry's average dividend yield of 0.78%. If you owned $1,000 of WFG stock, you would have received $4.41 last year.
Dig into more analysis about West Fraser Timber Co dividend yield and history here.
What do other investors have to say about WFG?
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Step 5: Execute your WFG buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.
Hit the Open button and your broker will execute your order.
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Step 6: Track your investment in WFG
Now that you own some shares in WFG, you'll want to stay up-to-date on your new investment.
Make a watchlist to get notified of important updates regarding your WFG stock.
WFG Feed
How to Buy Stock in West Fraser Timber Co
To reiterate, here are the 6 steps to buy stock in West Fraser Timber Co:
- Decide where to buy West Fraser Timber Co stock
- Create a brokerage account
- Put funds into your brokerage account
- Research West Fraser Timber Co stock
- Execute your WFG buy order
- Track your investment in WFG
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to track your investment in West Fraser Timber Co, create a watchlist today.
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