What is Raymond James' Forecast for TSE:ET FY2025 Earnings?

Evertz Technologies Limited (TSE:ET - Free Report) - Equities researchers at Raymond James reduced their FY2025 earnings estimates for Evertz Technologies in a research report issued on Thursday, March 6th. Raymond James analyst S. Li now expects that the company will post earnings of $0.74 per share for the year, down from their prior estimate of $0.82. Raymond James has a "Outperform" rating and a $14.00 price objective on the stock. The consensus estimate for Evertz Technologies' current full-year earnings is $0.80 per share. Raymond James also issued estimates for Evertz Technologies' Q4 2025 earnings at $0.19 EPS and FY2026 earnings at $0.81 EPS.

Several other equities research analysts have also recently issued reports on the stock. BMO Capital Markets cut their price objective on shares of Evertz Technologies from C$15.00 to C$13.50 in a research report on Thursday, March 6th. Canaccord Genuity Group raised their price target on shares of Evertz Technologies from C$15.25 to C$15.50 and gave the stock a "buy" rating in a report on Wednesday, December 11th.

Evertz Technologies Price Performance

Shares of TSE:ET traded down C$0.07 during midday trading on Monday, hitting C$11.00. The company's stock had a trading volume of 35,894 shares, compared to its average volume of 30,571. Evertz Technologies has a 12-month low of C$10.87 and a 12-month high of C$15.39. The company has a market cap of C$842.54 million, a P/E ratio of 14.56, a price-to-earnings-growth ratio of 0.79 and a beta of 0.86. The company has a debt-to-equity ratio of 8.09, a quick ratio of 0.68 and a current ratio of 2.18. The business's 50 day simple moving average is C$12.24 and its 200 day simple moving average is C$12.29.

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Insider Transactions at Evertz Technologies

In other Evertz Technologies news, Senior Officer Douglas Moore bought 4,000 shares of the stock in a transaction dated Tuesday, December 17th. The shares were acquired at an average cost of C$12.16 per share, for a total transaction of C$48,640.00. Insiders own 64.40% of the company's stock.

Evertz Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 20th will be issued a dividend of $0.20 per share. The ex-dividend date is Thursday, March 13th. This represents a $0.80 dividend on an annualized basis and a yield of 7.27%. Evertz Technologies's payout ratio is currently 103.22%.

Evertz Technologies Company Profile

Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution and distribution encoder, decoder, receiver, and processing products; and control panels, intelligent operations and controls, big data analytics, and network management systems, as well as orchestration, monitoring, and analytics solutions.