Resolute Forest Products Inc (RFP.CA) Forecast, Price Target & Analyst Ratings
TSX:RFP • US76117W1099
29.43 CAD
-1.8 (-5.76%)
Last: Mar 2, 2023, 07:00 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Resolute Forest Products Inc (RFP.CA).
Forecast Snapshot
Consensus Price Target
CA$31.13
+ 5.76% Upside
Next Earnings Forecast
Release DateFeb 3, 2022
PeriodQ4 / 2022
EPS Estimate$0.50
Revenue Estimate886.78M
ChartMill Buy Consensus
44.44%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
CA$31.13
Upside
+ 5.76%
From current price of CA$29.43 to mean target of CA$31.13, Based on 9 analyst forecasts
Low
CA$30.28
Median
CA$31.40
High
CA$32.32
Price Target Revisions
1 Month
0.00%
3 Months
-0.31%
Price Target Summary
9 analysts have analysed RFP.CA and the average price target is 31.13 CAD. This implies a price increase of 5.76% is expected in the next year compared to the current price of 29.43.
The average price target has been revised downward by 0.31% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
44.44%
RFP.CA was analyzed by 9 analysts. The buy percentage consensus is at 44. So analysts seem to be rather negative about RFP.CA.
In the previous month the buy percentage consensus was at a similar level.
RFP.CA was analyzed by 9 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2022-10-18 | RBC Royalbank | Downgrade | Sector Perform |
| 2022-05-06 | RBC Royalbank | Upgrade | Outperform |
| 2022-05-06 | TD Research | Upgrade | Buy |
| 2022-03-21 | CIBC Capital Markets | Maintains | Outperform |
| 2022-02-23 | CIBC Capital Markets | Maintains | Outperform |
| 2022-02-04 | RBC Royalbank | Initiate | Outperform |
| 2022-02-04 | TD Research | Downgrade | Buy |
| 2022-01-05 | CIBC Capital Markets | Maintains | Neutral |
| 2021-11-25 | CIBC WM | Initiate | Neutral |
| 2021-11-05 | RY Bank | Upgrade | Outperform |
| 2021-11-04 | CM Bank | Initiate | Neutral |
| 2021-10-21 | CIBC World Markets | Downgrade | Neutral |
| 2021-09-30 | CIBC World Markets | Reiterate | Outperform |
| 2021-09-21 | CIBC World Markets | Maintains | Outperform |
| 2021-07-08 | ScotiaBank | Upgrade | Underperform -> Sector Perform |
| 2021-03-26 | TD Securities | Upgrade | Speculative Buy -> Buy |
Next Earnings Forecast Details
Next Earnings Details
Release DateFeb 3, 2022
PeriodQ4 / 2022
EPS Estimate$0.50
Revenue Estimate886.78M
Revenue Q2Q6.33%
EPS Q2Q3.80%
Number of Analysts4
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
-3.27%
Next Earnings Summary
RFP.CA is expected to report earnings on 2/3/2022. The consensus EPS estimate for the next earnings is 0.5 CAD and the consensus revenue estimate is 886.78M CAD.
The next earnings revenue estimate has been revised downward by 0% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 2.923B -22.18% | 2.8B -4.21% | 3.664B 30.86% | 3.886B 6.06% | 3.632B -6.54% | 3.476B -4.30% | |
| EBITDA YoY % growth | 200M -64.73% | 310M 55.00% | 892M 187.74% | 806.99M -9.53% | 437.54M -45.78% | 455.83M 4.18% | |
| EBIT YoY % growth | 33M -90.70% | 141M 327.27% | 728M 416.31% | 633.27M -13.01% | 210.08M -66.83% | 300.98M 43.27% | |
| Operating Margin | 1.13% | 5.04% | 19.87% | 16.30% | 5.78% | 8.66% | |
| EPS YoY % growth | -0.52 -126.53% | 0.69 232.69% | 6.51 843.48% | 5.91 -9.24% | 2.14 -63.76% | 2.34 9.20% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 22 | Q1 / 23 | Q2 / 23 | Q3 / 23 | Q4 / 23 | Q1 / 24 | Q2 / 24 | Q3 / 24 | Q4 / 24 | |
|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.50 3.80% | 0.57 -74.97% | 0.61 -69.70% | 0.37 -65.40% | 0.22 -55.41% | 0.76 33.93% | 0.40 -33.33% | 0.41 10.81% | 0.29 31.82% |
| Revenue Q2Q % growth | 886.78M 6.33% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EBITDA Q2Q % growth | 90.866M -55.68% | 102.03M -62.21% | 106.6M -63.49% | 80.043M -64.27% | 63.075M -30.58% | 123.7M 21.24% | 83.325M -21.83% | 84.79M 5.93% | 71.387M 13.18% |
| EBIT Q2Q % growth | 51.51M 25.63% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
-28.92%
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
-2.42%
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
-15.90%
EBIT Next 5 Year
N/A
Resolute Forest Products Inc / RFP.CA Forecast FAQ
What is the price target for RFP stock?
9 analysts have analysed RFP.CA and the average price target is 31.13 CAD. This implies a price increase of 5.76% is expected in the next year compared to the current price of 29.43.
When does Resolute Forest Products Inc (RFP.CA) report earnings?
Resolute Forest Products Inc (RFP.CA) will report earnings on 2022-02-03.
What are the consensus estimates for RFP stock next earnings?
The consensus EPS estimate for the next earnings of Resolute Forest Products Inc (RFP.CA) is 0.5 CAD and the consensus revenue estimate is 886.78M CAD.
How many analysts have analysed Resolute Forest Products Inc (RFP.CA)?
The number of analysts covering Resolute Forest Products Inc (RFP.CA) is 9.