Raymond James Comments on Black Diamond Group Ltd’s FY2019 Earnings (BDI)

Black Diamond Group Ltd (TSE:BDI) – Analysts at Raymond James boosted their FY2019 EPS estimates for Black Diamond Group in a note issued to investors on Monday, April 15th. Raymond James analyst F. Bastien now anticipates that the company will earn ($0.07) per share for the year, up from their prior estimate of ($0.08). Raymond James currently has a “Buy” rating and a $3.00 target price on the stock.

Other research analysts have also issued research reports about the stock. CIBC reduced their price objective on shares of Black Diamond Group from C$2.50 to C$2.25 in a research note on Friday, February 1st. Cormark cut their price target on shares of Black Diamond Group from C$4.75 to C$4.25 in a research note on Thursday, March 7th. BMO Capital Markets dropped their price objective on shares of Black Diamond Group from C$3.50 to C$3.00 and set a “neutral” rating on the stock in a report on Wednesday, March 6th. Finally, National Bank Financial dropped their price objective on shares of Black Diamond Group from C$3.50 to C$3.00 and set a “sector perform” rating on the stock in a report on Friday, January 25th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of C$3.29.

Shares of BDI opened at C$1.98 on Wednesday. Black Diamond Group has a fifty-two week low of C$1.65 and a fifty-two week high of C$3.96. The company has a market capitalization of $105.52 million and a PE ratio of -9.43. The company has a debt-to-equity ratio of 40.08, a current ratio of 1.23 and a quick ratio of 1.08.

Black Diamond Group Company Profile

Black Diamond Group Limited rents and sells workspace and modular workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in construction, real estate development, manufacturing, education, financial, and resource industries, as well as government agencies in North America.

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Earnings History and Estimates for Black Diamond Group (TSE:BDI)

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