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Cormark Forecasts Weaker Earnings for Black Diamond Group

Black Diamond Group logo with Industrials background

Black Diamond Group Limited (TSE:BDI - Free Report) - Equities research analysts at Cormark decreased their FY2025 EPS estimates for Black Diamond Group in a research report issued on Wednesday, July 16th. Cormark analyst K. Mcphee now expects that the company will earn $0.41 per share for the year, down from their prior estimate of $0.42. The consensus estimate for Black Diamond Group's current full-year earnings is $0.53 per share. Cormark also issued estimates for Black Diamond Group's FY2026 earnings at $0.56 EPS and FY2027 earnings at $0.90 EPS.

Black Diamond Group Stock Up 5.2%

Shares of BDI opened at C$12.00 on Monday. The business's fifty day moving average price is C$9.83 and its two-hundred day moving average price is C$9.07. The firm has a market capitalization of C$747.12 million, a price-to-earnings ratio of 30.40 and a beta of 1.54. Black Diamond Group has a 52 week low of C$7.60 and a 52 week high of C$12.10. The company has a debt-to-equity ratio of 88.46, a quick ratio of 1.05 and a current ratio of 1.17.

Insider Buying and Selling at Black Diamond Group

In other Black Diamond Group news, Director Steve Stein sold 20,000 shares of the company's stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of C$9.20, for a total transaction of C$184,000.00. Also, Director Trevor Haynes sold 6,700 shares of Black Diamond Group stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of C$9.35, for a total transaction of C$62,645.00. Insiders have bought 1,644 shares of company stock worth $17,920 in the last ninety days. 23.83% of the stock is currently owned by insiders.

About Black Diamond Group

(Get Free Report)

Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in the construction, real estate development, education, manufacturing, health care, financial, government, and defense industries in North America.

See Also

Earnings History and Estimates for Black Diamond Group (TSE:BDI)

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