RediShred Capital Corp. (CVE:KUT - Free Report) - Equities research analysts at Singular Research issued their Q3 2024 earnings per share estimates for RediShred Capital in a research report issued on Monday, September 30th. Singular Research analyst D. Marsh expects that the company will post earnings per share of $0.03 for the quarter. Singular Research currently has a "Strong-Buy" rating on the stock. The consensus estimate for RediShred Capital's current full-year earnings is $0.20 per share. Singular Research also issued estimates for RediShred Capital's Q4 2024 earnings at $0.03 EPS, FY2024 earnings at $0.22 EPS, Q1 2025 earnings at $0.01 EPS, Q2 2025 earnings at $0.02 EPS, Q3 2025 earnings at $0.03 EPS, Q4 2025 earnings at $0.03 EPS and FY2025 earnings at $0.09 EPS.
RediShred Capital (CVE:KUT - Get Free Report) last released its earnings results on Wednesday, August 28th. The company reported C$0.05 EPS for the quarter, hitting analysts' consensus estimates of C$0.05. The company had revenue of C$17.95 million for the quarter, compared to analysts' expectations of C$18.28 million. RediShred Capital had a return on equity of 5.09% and a net margin of 3.69%.
Separately, Cormark increased their target price on shares of RediShred Capital from C$5.75 to C$6.00 in a research report on Friday, August 30th.
Check Out Our Latest Analysis on KUT
RediShred Capital Stock Performance
CVE KUT traded up C$0.05 during trading hours on Thursday, reaching C$4.00. 614 shares of the company were exchanged, compared to its average volume of 5,600. The stock has a market capitalization of C$73.24 million, a P/E ratio of 30.77 and a beta of 1.31. The company has a quick ratio of 1.33, a current ratio of 0.46 and a debt-to-equity ratio of 69.47. RediShred Capital has a 1 year low of C$2.32 and a 1 year high of C$4.00. The business's 50 day simple moving average is C$3.21 and its 200-day simple moving average is C$3.08.
About RediShred Capital
(
Get Free Report)
RediShred Capital Corp., together with its subsidiaries, operates the Proshred franchise and license business in the United States. The company operates through three segments: Franchising and licensing, Corporate Locations, and Corporate. It grants and manages shredding business franchises under the Proshred brand, as well as operates corporate shredding locations.
Featured Articles
Before you consider RediShred Capital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and RediShred Capital wasn't on the list.
While RediShred Capital currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
