Plum Creek’s earnings per share
Plum Creek Timber Co. Inc. (NYSE:PCL) opened trading today as $41.37 and is trading in the range of 41.25-41.43 today. Plum Creek’s current market cap stands at $7.26 billion.
Compared to other peers in the Lumber, Wood Production sector, Plum Creek has outperformed in terms of quarterly revenue growth year over year at 0.33 vs. the industry average of 0.00. Plum Creek’s earnings per share is currently at 1.06, which equals the sector average of 0.29.
Plum Creek is currently covered by 12 Wall Street analysts. The mean target price is $44.20 according to First Call. This presents a solid upside to the current price of the equity. The Mean Recommendation sits at 2.5,which is based on 3 Strong Buy, 3 Buy and 5 Hold ratings.
The most recent analyst actions consisted of RBC Capital Mkts downgrading the stock on July 9th and RBC Capital Mkts initiating coverage with an initiation rating back in April.
The current quarter EPS consensus estimate is .34 with revenue estimates of 412.54M. Sales are expected to grow at a 24.60% rate. Plum Creek reported actual earnings last quarter of 0.34,which beats the .30 consensus estimate, a 13.30% surprise.