Q2 EPS Forecast for Foraco International Reduced by Analyst

Foraco International SA (TSE:FAR - Free Report) - Stock analysts at Clarus Securities decreased their Q2 2025 EPS estimates for shares of Foraco International in a report released on Wednesday, February 19th. Clarus Securities analyst S. Kammermayer now anticipates that the company will earn $0.10 per share for the quarter, down from their prior forecast of $0.14. The consensus estimate for Foraco International's current full-year earnings is $0.60 per share. Clarus Securities also issued estimates for Foraco International's FY2025 earnings at $0.40 EPS.

Separately, Desjardins set a C$4.25 price target on shares of Foraco International and gave the company a "buy" rating in a report on Tuesday, December 3rd.

Foraco International Stock Performance

Foraco International stock traded down C$0.03 during trading hours on Friday, reaching C$2.00. 54,359 shares of the stock were exchanged, compared to its average volume of 91,116. The firm's 50 day moving average is C$2.30 and its 200 day moving average is C$2.26. The company has a debt-to-equity ratio of 115.59, a quick ratio of 0.88 and a current ratio of 1.43. The stock has a market cap of C$140.34 million, a P/E ratio of 5.20 and a beta of 1.25. Foraco International has a 52-week low of C$1.83 and a 52-week high of C$3.27.

Foraco International Company Profile

Foraco International SA is the business of providing mineral and water drilling services and hydraulic drilling. It specializes in drilling in harsh environments and isolated locations including desert, and mountainous regions. The principal sources of revenue consist of drilling contracts for companies involved in mining and water exploration.