Colabor Group Inc. (TSE:GCL - Free Report) - Equities researchers at Cormark dropped their FY2024 earnings estimates for shares of Colabor Group in a note issued to investors on Monday, October 21st. Cormark analyst K. Mcphee now anticipates that the company will post earnings of $0.05 per share for the year, down from their prior estimate of $0.08. The consensus estimate for Colabor Group's current full-year earnings is $0.08 per share. Cormark also issued estimates for Colabor Group's FY2025 earnings at $0.12 EPS and FY2026 earnings at $0.15 EPS.
Other research analysts also recently issued research reports about the company. Desjardins upgraded Colabor Group to a "moderate buy" rating in a research note on Thursday, July 25th. Raymond James set a C$1.80 target price on shares of Colabor Group and gave the stock an "outperform" rating in a research report on Tuesday, August 6th.
Get Our Latest Stock Analysis on Colabor Group
Colabor Group Stock Performance
TSE:GCL traded up C$0.05 during trading hours on Wednesday, reaching C$1.08. The stock had a trading volume of 178,917 shares, compared to its average volume of 88,470. The stock has a market cap of C$110.15 million, a P/E ratio of 27.00, a price-to-earnings-growth ratio of 0.61 and a beta of 0.83. The stock has a 50 day simple moving average of C$1.27 and a 200 day simple moving average of C$1.22. The company has a debt-to-equity ratio of 155.65, a quick ratio of 0.76 and a current ratio of 1.58. Colabor Group has a 12-month low of C$1.00 and a 12-month high of C$1.52.
Colabor Group (TSE:GCL - Get Free Report) last issued its quarterly earnings results on Thursday, October 17th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.02 by C($0.01). Colabor Group had a return on equity of 3.56% and a net margin of 0.51%. The company had revenue of C$162.03 million for the quarter, compared to analysts' expectations of C$164.27 million.
About Colabor Group
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Colabor Group Inc, together with its subsidiaries, markets and distributes food and food-related products in Canada. It operates in two segments, Distribution and Wholesale. The Distribution segment offers frozen products, dry staples, dairy products, meat, seafood, fruits and vegetables, disposables, and sanitation products, as well as fish products.
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