Research Analysts Offer Predictions for Zedcor Inc.’s FY2024 Earnings (CVE:ZDC)

Zedcor Inc. (CVE:ZDC) – Cormark lifted their FY2024 EPS estimates for Zedcor in a note issued to investors on Thursday, August 15th. Cormark analyst K. Mcphee now anticipates that the company will post earnings per share of $0.02 for the year, up from their prior forecast of $0.01. Cormark currently has a “Buy” rating and a $1.70 target price on the stock. The consensus estimate for Zedcor’s current full-year earnings is $0.01 per share. Cormark also issued estimates for Zedcor’s FY2025 earnings at $0.04 EPS, FY2026 earnings at $0.08 EPS and FY2027 earnings at $0.13 EPS.

Zedcor Stock Up 1.2 %

Shares of CVE:ZDC opened at C$1.66 on Monday. The company has a current ratio of 0.81, a quick ratio of 0.87 and a debt-to-equity ratio of 238.30. The company has a fifty day simple moving average of C$1.41 and a 200 day simple moving average of C$1.11. The firm has a market cap of C$153.68 million, a PE ratio of 166.00 and a beta of 2.43. Zedcor has a 12-month low of C$0.49 and a 12-month high of C$1.87.

Zedcor (CVE:ZDC) last posted its quarterly earnings data on Wednesday, May 22nd. The company reported C($0.01) earnings per share (EPS) for the quarter. The firm had revenue of C$6.13 million for the quarter, compared to analysts’ expectations of C$5.70 million. Zedcor had a net margin of 5.82% and a return on equity of 13.20%.

Zedcor Company Profile

Zedcor Inc provides technology-based security and surveillance services in Canada. It engages in the provision of rental, service, and remote monitoring of its proprietary MobileyeZ security towers; surveillance and monitoring of fixed site locations; and security personnel. The company also engages in mobile and fixed surveillance, security guards, access control, and sensor related technology services.