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1 Comment
Resolute Forest Products Inc is currently in a long term uptrend where the price is trading 21.9% above its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.3.
Resolute Forest Products Inc's total revenue rose by 15.1% to $769M since the same quarter in the previous year.
Its net income has increased by 26.8% to $-52M since the same quarter in the previous year.
Finally, its free cash flow grew by 301.5% to $133M since the same quarter in the previous year.
Based on the above factors, Resolute Forest Products Inc gets an overall score of 5/5.
ISIN | US76117W1099 |
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Industry | Paper & Paper Products |
CurrencyCode | CAD |
Exchange | TO |
Sector | Basic Materials |
Beta | 2.65 |
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Dividend Yield | 0.0% |
Target Price | 31.87 |
PE Ratio | 3.76 |
Market Cap | 2B |
Resolute Forest Products Inc., together with its subsidiaries, operates in the forest products industry in the United States, Canada, Mexico, and internationally. The company operates through four segments: Market Pulp, Tissue, Wood Products, and Paper. The Market Pulp segment offers virgin and recycled bleached Kraft pulp, which is used to make a range of consumer products, including tissue, packaging, specialty paper products, diapers, and other absorbent products. The Tissue segment provides various tissue products, such as recycled and virgin paper products for the away-from-home and retail markets; and sells parent rolls. The Wood Products segment produces construction-grade and spruce-pine-fir lumber products, wood chips, bed frame components, finger joints, and furring strips for pulp and paper mills, as well as I-joists for the construction industry. The Paper segment offers newsprint to newspaper publishers, as well as to commercial printers for uses comprising inserts and flyers. This segment also provides various uncoated mechanical papers, including supercalendered and white papers, as well as uncoated freesheet papers. Its specialty papers are used in books, retail inserts, direct mail, coupons, magazines, catalogs, bags, and other commercial printing applications. This segment sells specialty papers to commercial printers, direct mailers, publishers, catalogers, and retailers. The company also produces electricity at cogeneration facilities and hydroelectric dams. Resolute Forest Products Inc. is headquartered in Montreal, Canada. As of March 1, 2023, Resolute Forest Products Inc. operates as a subsidiary of Domtar Corporation.
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