CitroTech Q3 EPS Forecast Increased by Northland Securities

Key Points

• Northland Securities raised CitroTech’s Q3 2026 EPS forecast to a loss of $0.18 per share from a prior estimate of $0.21, while maintaining an “Outperform” rating and a $16 price target.
• CitroTech recently reported a quarterly loss of $0.18 per share on just $0.28 million in revenue, alongside a negative net margin of 1,788.52% and negative return on equity of 232.61%.
• Shares opened at $5.77, well below the $16 consensus price target; separately, CTO Stephen Conboy sold 275,001 shares at an average price of $3.00, reducing his ownership by 11.77%.

CitroTech Inc. (NYSEAMERICAN:CITR - Free Report) - Investment analysts at Northland Securities increased their Q3 2026 earnings estimates for shares of CitroTech in a report released on Thursday, August 13th. Northland Securities analyst B. Brooks now expects that the company will earn ($0.18) per share for the quarter, up from their prior forecast of ($0.21). Northland Securities has a "Outperform" rating and a $16.00 price objective on the stock. The consensus estimate for CitroTech's current full-year earnings is ($0.88) per share. Northland Securities also issued estimates for CitroTech's Q4 2026 earnings at ($0.19) EPS, FY2026 earnings at ($0.88) EPS, Q1 2027 earnings at ($0.19) EPS, Q2 2027 earnings at ($0.11) EPS, Q3 2027 earnings at ($0.12) EPS and FY2027 earnings at ($0.56) EPS.

CitroTech (NYSEAMERICAN:CITR - Get Free Report) last posted its quarterly earnings results on Saturday, August 8th. The company reported ($0.18) EPS for the quarter. CitroTech had a negative net margin of 1,788.52% and a negative return on equity of 232.61%. The company had revenue of $0.28 million for the quarter.

Separately, Zacks Research upgraded CitroTech to a "hold" rating in a research note on Friday, June 12th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, CitroTech presently has a consensus rating of "Moderate Buy" and an average target price of $16.00.

CitroTech Price Performance

Shares of NYSEAMERICAN:CITR opened at $5.77 on Monday. The firm has a market cap of $130.11 million, a price-to-earnings ratio of -1.69 and a beta of 7.50. CitroTech has a 1 year low of $4.35 and a 1 year high of $12.00. The company has a current ratio of 8.77, a quick ratio of 7.39 and a debt-to-equity ratio of 0.01. The business has a fifty day simple moving average of $5.70 and a 200 day simple moving average of $6.98.

Institutional Trading of CitroTech

A number of institutional investors and hedge funds have recently made changes to their positions in CITR. Coastal Bridge Advisors LLC acquired a new position in shares of CitroTech during the 4th quarter valued at about $108,000. FNY Investment Advisers LLC lifted its holdings in CitroTech by 200.1% in the 2nd quarter. FNY Investment Advisers LLC now owns 27,715 shares of the company's stock worth $152,000 after purchasing an additional 18,481 shares during the last quarter. T3 Companies LLC acquired a new stake in CitroTech in the 4th quarter worth approximately $274,000. Finally, Fifth Third Bancorp acquired a new stake in CitroTech in the 1st quarter worth approximately $1,046,000.

Insider Buying and Selling

In other CitroTech news, CTO Stephen Conboy sold 275,001 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $3.00, for a total transaction of $825,003.00. Following the transaction, the chief technology officer directly owned 2,060,557 shares of the company's stock, valued at $6,181,671. This represents a 11.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 31.00% of the stock is owned by insiders.

About CitroTech

CitroTech Inc manufactures and sells fire inhibitor products in the United States and Canada. The company also offers lumber treatment and spraying solutions, as well as develops wildfire defense systems on residential and commercial properties under the CitroSafe Systems brand name. It serves wildland fire, residential home protection, wood products, ground application, lumber and building materials, and construction industries; homeowners; governments; and agencies. The company was formerly known as General Enterprise Ventures, Inc and changed its name to CitroTech Inc in January 2026.

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