Cormark Reduces Earnings Estimates for High Liner Foods

Key Points

• Cormark analysts have lowered their Q3 2025 earnings per share estimate for High Liner Foods from $0.48 to $0.45.
• High Liner Foods has a current market capitalization of C$351.06 million and has seen stock prices ranging from a 12-month low of C$12.25 to a high of C$19.07.
• Several brokerages, including BMO Capital Markets and Raymond James Financial, have recently raised their price objectives for High Liner Foods to between C$21.00 and C$22.00.

High Liner Foods Inc (TSE:HLF - Free Report) - Analysts at Cormark cut their Q3 2025 earnings per share (EPS) estimates for High Liner Foods in a research note issued on Monday, August 11th. Cormark analyst K. Mcphee now forecasts that the company will post earnings of $0.45 per share for the quarter, down from their prior forecast of $0.48. The consensus estimate for High Liner Foods' current full-year earnings is $1.99 per share. Cormark also issued estimates for High Liner Foods' FY2025 earnings at $2.19 EPS, Q1 2026 earnings at $0.97 EPS, Q3 2026 earnings at $0.49 EPS, FY2026 earnings at $2.49 EPS and FY2027 earnings at $2.62 EPS.

A number of other equities research analysts have also recently commented on HLF. BMO Capital Markets lifted their price objective on High Liner Foods from C$19.50 to C$21.00 in a research note on Wednesday, July 2nd. Royal Bank Of Canada boosted their target price on High Liner Foods from C$20.00 to C$21.00 and gave the company a "sector perform" rating in a research note on Monday, June 9th. Raymond James Financial set a C$22.00 target price on High Liner Foods and gave the company an "outperform" rating in a research note on Tuesday, June 17th. Finally, Canaccord Genuity Group set a C$21.00 target price on High Liner Foods and gave the company a "buy" rating in a research note on Thursday, May 22nd.

High Liner Foods Trading Down 0.6%

Shares of High Liner Foods stock traded down C$0.10 during trading on Tuesday, reaching C$16.15. 18,716 shares of the company were exchanged, compared to its average volume of 23,516. The company has a quick ratio of 0.38, a current ratio of 2.66 and a debt-to-equity ratio of 55.83. High Liner Foods has a twelve month low of C$12.25 and a twelve month high of C$19.07. The business has a 50-day moving average price of C$17.83 and a 200-day moving average price of C$17.10. The firm has a market capitalization of C$338.49 million, a price-to-earnings ratio of 5.73 and a beta of 0.89.

High Liner Foods Company Profile

High Liner Foods is the leading North American processor and marketer of value-added frozen seafood. Their retail branded products are sold throughout the United States, Canada and Mexico under the High Liner, Fisher Boy, Sea Cuisine and C. Wirthy & Co labels, and are available in most grocery and club stores.