Cormark Has Negative Estimate for Zedcor FY2025 Earnings

Key Points

• Cormark has revised Zedcor's FY2025 earnings per share estimate down to $0.02, from a previous estimate of $0.05, while the consensus estimate remains at $0.03 per share.
• Despite the pessimistic forecast from Cormark, Zedcor has a current average rating of "Strong Buy" and a consensus price target of C$4.50 as per analysts.
• Zedcor's stock opened at C$4.19, with a one-year low of C$1.57 and a high of C$4.49, reflecting notable volatility in its market performance.

Zedcor Inc. (CVE:ZDC - Free Report) - Stock analysts at Cormark cut their FY2025 earnings per share (EPS) estimates for Zedcor in a report released on Thursday, August 14th. Cormark analyst K. Mcphee now expects that the company will post earnings of $0.02 per share for the year, down from their prior forecast of $0.05. The consensus estimate for Zedcor's current full-year earnings is $0.03 per share.

A number of other equities analysts have also recently weighed in on the company. National Bankshares boosted their price target on Zedcor from C$5.00 to C$5.50 and gave the stock an "outperform" rating in a report on Thursday, August 14th. National Bank Financial raised Zedcor to a "strong-buy" rating in a research report on Monday, June 23rd. Stifel Canada raised Zedcor to a "strong-buy" rating in a research report on Tuesday. Finally, Stifel Nicolaus set a C$7.00 price objective on Zedcor and gave the company a "buy" rating in a research report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating and three have issued a Buy rating to the company's stock. According to MarketBeat, Zedcor presently has a consensus rating of "Strong Buy" and a consensus price target of C$5.13.

Zedcor Price Performance

Shares of CVE ZDC traded up C$0.12 during trading on Monday, reaching C$4.20. The company had a trading volume of 253,709 shares, compared to its average volume of 197,550. Zedcor has a twelve month low of C$1.61 and a twelve month high of C$4.49. The stock has a market capitalization of C$407.18 million, a PE ratio of 1,043.69 and a beta of 2.48. The stock has a 50-day moving average price of C$4.04 and a two-hundred day moving average price of C$3.47. The company has a current ratio of 1.14, a quick ratio of 0.87 and a debt-to-equity ratio of 78.93.

Zedcor Company Profile

Zedcor Inc provides technology-based security and surveillance services in Canada. It engages in the provision of rental, service, and remote monitoring of its proprietary MobileyeZ security towers; surveillance and monitoring of fixed site locations; and security personnel. The company also engages in mobile and fixed surveillance, security guards, access control, and sensor related technology services.