Decisive Dividend Co. (CVE:DE - Free Report) - Stock analysts at Raymond James reduced their FY2024 earnings per share estimates for shares of Decisive Dividend in a research note issued on Friday, November 15th. Raymond James analyst S. Hansen now forecasts that the company will post earnings of $0.10 per share for the year, down from their previous estimate of $0.11. The consensus estimate for Decisive Dividend's current full-year earnings is $0.32 per share. Raymond James also issued estimates for Decisive Dividend's FY2025 earnings at $0.26 EPS.
Decisive Dividend (CVE:DE - Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.06 by C($0.01). The business had revenue of C$32.24 million during the quarter, compared to analysts' expectations of C$36.70 million. Decisive Dividend had a return on equity of 8.34% and a net margin of 3.32%.
Separately, Cormark downgraded shares of Decisive Dividend from a "moderate buy" rating to a "hold" rating in a research report on Thursday, November 7th.
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Decisive Dividend Stock Up 3.8 %
Shares of Decisive Dividend stock traded up C$0.23 on Monday, hitting C$6.30. 8,267 shares of the company traded hands, compared to its average volume of 24,023. The company has a market cap of C$122.28 million, a PE ratio of 28.41 and a beta of 1.18. Decisive Dividend has a 12-month low of C$5.51 and a 12-month high of C$11.50. The company has a quick ratio of 1.54, a current ratio of 1.95 and a debt-to-equity ratio of 130.66. The company has a 50-day moving average price of C$6.37 and a 200 day moving average price of C$6.88.
Insider Transactions at Decisive Dividend
In other news, Senior Officer Jeffrey David Schellenberg purchased 8,000 shares of the business's stock in a transaction on Tuesday, November 12th. The stock was purchased at an average price of C$6.30 per share, with a total value of C$50,408.00. Over the last quarter, insiders have purchased 12,750 shares of company stock worth $79,841. Insiders own 10.13% of the company's stock.
About Decisive Dividend
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Decisive Dividend Corporation, through its subsidiaries, manufactures and sells wood burning stoves, fireplace inserts, and gas fireplaces in Canada, the United States, and internationally. It operates in two segments, Finished Product and Component Manufacturing. The company also designs, manufactures, and markets air blast sprayers for use in agricultural industry under the Turbo Mist brand; and wastewater evaporator systems that are used in mining, oil and gas, and waste management industries.
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