Key Points
- Insider sale: Director Richard Dufresne sold 6,825 shares on March 9 at an average price of C$95.07 for C$648,852.75, cutting his stake by 25.53% to 19,911 shares worth about C$1.89M.
- Analyst sentiment: Multiple firms raised targets (TD to C$121, RBC to C$115, Desjardins to C$110), leaving a MarketBeat consensus of "Moderate Buy" with a C$109.17 target.
- Company performance: Shares trade near C$97.44 (12‑month range C$78.11–C$104.50); latest quarter reported C$1.21 EPS on C$15.86B revenue, with a market cap of C$36.96B and a P/E of 34.8.
George Weston Limited (TSE:WN - Get Free Report) insider Richard Dufresne sold 6,825 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of C$95.07, for a total value of C$648,852.75. Following the transaction, the insider directly owned 19,911 shares in the company, valued at approximately C$1,892,938.77. This represents a 25.53% decrease in their position.
George Weston Price Performance
Shares of TSE WN opened at C$97.44 on Friday. George Weston Limited has a twelve month low of C$78.11 and a twelve month high of C$104.50. The company has a current ratio of 1.10, a quick ratio of 0.73 and a debt-to-equity ratio of 370.81. The company has a market capitalization of C$36.96 billion, a price-to-earnings ratio of 34.80, a price-to-earnings-growth ratio of 5.03 and a beta of 0.51. The business has a 50 day simple moving average of C$98.45 and a 200-day simple moving average of C$93.29.
George Weston (TSE:WN - Get Free Report) last announced its quarterly earnings data on Wednesday, March 4th. The company reported C$1.21 earnings per share (EPS) for the quarter. The firm had revenue of C$15.86 billion for the quarter. George Weston had a return on equity of 21.94% and a net margin of 1.90%. As a group, equities research analysts expect that George Weston Limited will post 13.0245758 earnings per share for the current year.
Analyst Ratings Changes
A number of research firms have recently issued reports on WN. TD Securities raised their price target on shares of George Weston from C$108.00 to C$121.00 and gave the stock a "buy" rating in a research report on Friday, February 27th. Desjardins boosted their price objective on shares of George Weston from C$103.00 to C$110.00 in a research report on Friday, December 19th. Finally, Royal Bank Of Canada increased their price objective on shares of George Weston from C$109.00 to C$115.00 and gave the stock an "outperform" rating in a research note on Friday, January 23rd. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, George Weston presently has a consensus rating of "Moderate Buy" and a consensus target price of C$109.17.
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About George Weston
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George Weston is a holding company that operates through two subsidiaries encompassing retail and real estate. The first is Loblaw, the largest grocer in Canada, in which it has a 53% controlling stake. The second is Choice Properties, an open-ended real estate investment trust, where George Weston's ownership sits close to 62%. The company sold Weston Foods, a North American bakery, in early 2022, which the firm had previously wholly owned. While the two remaining entities are separate, they operate under a contractual, as well as tacit, framework of strategic business partnerships.
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