Weyerhaeuser Company (WY) has been under a strong bear grip, hence the stock is down -4.75% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.4% in the past 1 week. The 4-week change in the price of the stock is -4.95% and the stock has fallen -0.26% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.91% and the fifty day Moving Average is 0.11%. Weyerhaeuser Co. has dropped 0.22% during the last three month period . Year-to-Date the stock performance stands at 5.98%.
Weyerhaeuser Company (WY) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $36 and the lowest price target forecast is $33. The average forecast of all the analysts is $34.5 and the expected standard deviation is $1.31.
Weyerhaeuser Company (NYSE:WY): On Fridays trading session , Opening price of the stock was $31.64 with an intraday high of $31.97. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $30.93. However, the stock managed to close at $31.1, a loss of 1.40% for the day. On the previous day, the stock had closed at $31.54. The total traded volume of the day was 3,321,186 shares.
Weyerhaeuser Company is a real estate investment trust (REIT). The Company is an owner of timberlands. It is principally engaged in growing and harvesting timber, as well as manufacturing, distributing and selling products made from trees. The Company owns nearly 7 million acres of timberlands, primarily in the United States, and manages additional timberlands under long-term licenses in Canada. It is engaged in the manufacturing of wood and specialty cellulose fibers products. The Companys operational segments include Timberlands, Wood Products and Cellulose Fibers. The Companys Timberlands segment manages approximately 6.9 million acres of private commercial timberlands across the world. The Wood Products segment manufactures and distributes wood products primarily in North America and Asia. The Cellulose Fibers segment is involved in the production of absorbent fluff pulp used in products, such as diapers.