ADENTRA Inc. (TSE:ADEN - Get Free Report) has received a consensus recommendation of "Buy" from the seven research firms that are currently covering the company, Marketbeat.com reports. Seven investment analysts have rated the stock with a buy recommendation.
A number of brokerages have issued reports on ADEN. Acumen Capital upped their price target on shares of ADENTRA from C$48.00 to C$50.00 in a research note on Friday, August 7th. Stifel Nicolaus lifted their price objective on shares of ADENTRA from C$48.00 to C$54.00 and gave the stock a "buy" rating in a research note on Friday, August 7th. Scotiabank dropped their price objective on shares of ADENTRA from C$46.00 to C$45.00 and set a "sector outperform" rating on the stock in a report on Tuesday, April 28th. Desjardins upped their target price on ADENTRA from C$47.00 to C$49.00 and gave the company a "buy" rating in a research report on Friday, August 7th. Finally, TD raised their target price on ADENTRA from C$43.00 to C$46.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th.
Read Our Latest Report on ADENTRA
ADENTRA Stock Performance
Shares of TSE ADEN opened at $36.13 on Tuesday. The company has a market cap of $875.97 million, a PE ratio of 13.33 and a beta of 1.59. The business has a 50-day simple moving average of $36.55 and a two-hundred day simple moving average of $35.65. ADENTRA has a fifty-two week low of $31.40 and a fifty-two week high of $41.20.
ADENTRA (TSE:ADEN - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.96 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.02). The company had revenue of $607.13 million for the quarter, compared to analyst estimates of $838.14 million. ADENTRA had a net margin of 2.98% and a return on equity of 10.11%. On average, sell-side analysts predict that ADENTRA will post 4.7128713 earnings per share for the current fiscal year.
ADENTRA Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Friday, July 31st were issued a $0.16 dividend. The ex-dividend date of this dividend was Monday, July 20th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.8%. ADENTRA's dividend payout ratio is currently 16.61%.
About ADENTRA
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider ADENTRA, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ADENTRA wasn't on the list.
While ADENTRA currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The AI boom extends far beyond the biggest tech names. Discover 10 companies supplying the memory, storage, networking, semiconductor manufacturing, and power infrastructure that make AI possible. Learn where the next wave of AI investment opportunities may emerge—and the key risks investors should watch as the global AI buildout accelerates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
