GDI Integrated Facility Services Inc. (TSE:GDI – Get Rating) – Equities research analysts at Cormark upped their FY2023 earnings per share (EPS) estimates for GDI Integrated Facility Services in a note issued to investors on Thursday, May 12th. Cormark analyst J. Fenwick now anticipates that the company will earn $2.17 per share for the year, up from their previous estimate of $2.11. Cormark currently has a “Buy” rating and a $74.00 price objective on the stock.
GDI Integrated Facility Services (TSE:GDI – Get Rating) last issued its earnings results on Tuesday, March 1st. The company reported C$0.29 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.48 by C($0.19). The firm had revenue of C$433.02 million during the quarter, compared to the consensus estimate of C$432.08 million.
Other equities analysts also recently issued research reports about the company. CIBC dropped their price objective on GDI Integrated Facility Services from C$65.00 to C$61.00 and set an “outperform” rating on the stock in a report on Thursday. Scotiabank dropped their price objective on GDI Integrated Facility Services from C$59.00 to C$50.00 in a report on Thursday. Finally, Stifel Nicolaus dropped their price objective on GDI Integrated Facility Services from C$70.00 to C$60.00 in a report on Thursday. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, GDI Integrated Facility Services presently has an average rating of “Buy” and an average price target of C$64.33.
TSE:GDI opened at C$43.49 on Monday. The stock’s 50 day moving average price is C$49.44 and its 200 day moving average price is C$51.83. GDI Integrated Facility Services has a 52 week low of C$41.00 and a 52 week high of C$60.00. The company has a market capitalization of C$1.01 billion and a P/E ratio of 23.64. The company has a debt-to-equity ratio of 84.36, a quick ratio of 1.28 and a current ratio of 1.44.
In other news, Senior Officer Christian Marcoux purchased 600 shares of the firm’s stock in a transaction that occurred on Wednesday, March 16th. The shares were acquired at an average price of C$55.20 per share, for a total transaction of C$33,120.00. Following the completion of the acquisition, the insider now directly owns 600 shares in the company, valued at C$33,120. Also, Senior Officer Ahmed S. Boomrod sold 7,000 shares of the firm’s stock in a transaction dated Tuesday, March 22nd. The stock was sold at an average price of C$54.00, for a total value of C$378,000.00. Following the transaction, the insider now owns 379,158 shares in the company, valued at approximately C$20,474,532.
GDI Integrated Facility Services Company Profile (Get Rating)
GDI Integrated Facility Services Inc operates in the outsourced facility services industry. The company operates through Janitorial Canada, Janitorial USA, and Technical services segments. It offers janitorial services, such as cleaning floors, dusting desks and tables, vacuuming carpets, sanitizing kitchens and washrooms, watering plants, cleaning exterior and interior parking facilities, and removal of garbage, as well as other services, including stripping and waxing floors, carpet cleaning, heavy dust cleaning, and window cleaning.
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