ADENTRA (ADEN) Projected to Post Quarterly Earnings on Tuesday

ADENTRA (TSE:ADEN - Get Free Report) is anticipated to announce its Q1 2025 earnings results before the market opens on Tuesday, May 6th. Analysts expect ADENTRA to post earnings of $0.42 per share and revenue of $542.14 million for the quarter.

ADENTRA Price Performance

ADENTRA stock traded up $0.02 during midday trading on Friday, hitting $27.30. 19,164 shares of the company were exchanged, compared to its average volume of 63,273. The company has a market cap of $482.01 million, a PE ratio of 9.31 and a beta of 1.57. ADENTRA has a fifty-two week low of $25.38 and a fifty-two week high of $45.25. The company's fifty day moving average price is $28.57 and its 200-day moving average price is $34.26.

ADENTRA Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 25th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, April 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.20%. ADENTRA's payout ratio is currently 19.10%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on ADEN shares. Cormark reduced their target price on ADENTRA from C$55.00 to C$46.00 in a research note on Monday, March 17th. Stifel Nicolaus reduced their price objective on shares of ADENTRA from C$41.00 to C$36.00 and set a "buy" rating on the stock in a research note on Thursday, April 17th. Scotiabank dropped their target price on shares of ADENTRA from C$49.00 to C$43.00 and set an "outperform" rating for the company in a research report on Monday, March 17th. Desjardins set a C$46.00 price target on shares of ADENTRA and gave the stock a "buy" rating in a research report on Wednesday, April 16th. Finally, CIBC lowered their price objective on ADENTRA from C$44.00 to C$34.00 and set an "outperform" rating for the company in a report on Tuesday, April 22nd. Seven research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of $46.22.

ADENTRA Company Profile

Adentra Inc is a distributor of architectural products to fabricators, home centers and professional dealers servicing the new residential, repair and remodel, and commercial construction end markets. The company operates a network in North America of 86 facilities in the United States and Canada.