
PotlatchDeltic (PCH) Stock Forecast & Price Target
PotlatchDeltic (PCH) Analyst Ratings
Bulls say
PotlatchDeltic Corp has demonstrated a positive trajectory in its financial performance, particularly with a 4% quarter-over-quarter increase in Northern sawlog prices, indicating stronger lumber pricing trends. The company has also raised its expectations for rural land sales and average price per acre, projecting sales of approximately 57,000 acres at around $2,300 per acre for FY24, reflecting robust demand and pricing resilience. Furthermore, with an anticipated recovery in North American log prices and management's view of the stock being undervalued, there is an expectation for increased cash flow allocation towards share repurchases in 2025, enhancing shareholder value.
Bears say
PotlatchDeltic Corp's financial outlook appears negative due to a decline in the Wood Products segment, which posted an Adjusted EBITDDA of -$9.6 million, falling short of both internal forecasts and contributing to concerns about its profitability. Additionally, the company experienced a sequential volume decline of 6.7%, attributed to planned equipment upgrades, which has adversely affected per-unit manufacturing costs. Despite some metrics exceeding expectations, the ongoing housing affordability issues may hinder future demand, raising concerns about sustained revenue growth in the near to medium term.
This aggregate rating is based on analysts' research of PotlatchDeltic and is not a guaranteed prediction by Public.com or investment advice.
PotlatchDeltic (PCH) Analyst Forecast & Price Prediction
Start investing in PotlatchDeltic (PCH)
Order type
Buy in
Order amount
Est. shares
0 shares