What is Cormark's Estimate for K-Bro Linen FY2025 Earnings?

K-Bro Linen Inc. (TSE:KBL - Free Report) - Equities research analysts at Cormark upped their FY2025 earnings per share estimates for K-Bro Linen in a report released on Tuesday, March 25th. Cormark analyst K. Mcphee now expects that the company will post earnings of $2.35 per share for the year, up from their prior estimate of $2.33. The consensus estimate for K-Bro Linen's current full-year earnings is $2.34 per share. Cormark also issued estimates for K-Bro Linen's FY2026 earnings at $2.86 EPS.

Several other equities analysts also recently issued reports on the stock. TD Securities lifted their price target on shares of K-Bro Linen from C$48.00 to C$49.00 and gave the company a "buy" rating in a report on Monday, March 24th. Acumen Capital lifted their target price on shares of K-Bro Linen from C$50.00 to C$52.00 and gave the company a "buy" rating in a research note on Monday, March 24th.

K-Bro Linen Price Performance

Shares of TSE:KBL traded down C$0.29 on Wednesday, hitting C$33.96. The stock had a trading volume of 5,402 shares, compared to its average volume of 8,215. The firm's 50 day moving average price is C$35.04 and its 200-day moving average price is C$35.71. The company has a debt-to-equity ratio of 102.23, a quick ratio of 0.87 and a current ratio of 2.08. K-Bro Linen has a twelve month low of C$30.69 and a twelve month high of C$40.03. The company has a market capitalization of C$356.34 million, a price-to-earnings ratio of 19.00, a price-to-earnings-growth ratio of 3.50 and a beta of 1.08.

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K-Bro Linen Company Profile

K-Bro Linen Inc is a healthcare and hospitality laundry and linen processor in Canada. It operates in major cities across Canada, and has two distribution centers, providing management services and laundry processing of hospitality, healthcare, and specialty linens. The company provides vital products and services that help people heal, travel, live, and play.