Cormark Weighs in on K-Bro Linen's FY2025 Earnings (TSE:KBL)

K-Bro Linen Inc. (TSE:KBL - Free Report) - Analysts at Cormark upped their FY2025 EPS estimates for K-Bro Linen in a research note issued on Wednesday, June 4th. Cormark analyst K. Mcphee now expects that the company will post earnings of $2.54 per share for the year, up from their previous estimate of $2.35. Cormark has a "Hold" rating on the stock. The consensus estimate for K-Bro Linen's current full-year earnings is $2.34 per share. Cormark also issued estimates for K-Bro Linen's FY2026 earnings at $3.17 EPS and FY2027 earnings at $3.73 EPS.

Several other research firms have also recently issued reports on KBL. Raymond James lifted their price objective on shares of K-Bro Linen from C$45.00 to C$48.00 and gave the company an "outperform" rating in a research report on Tuesday. TD Securities boosted their target price on K-Bro Linen from C$48.00 to C$49.00 and gave the company a "buy" rating in a research report on Monday, March 24th. Finally, Acumen Capital raised their price objective on shares of K-Bro Linen from C$50.00 to C$52.00 and gave the stock a "buy" rating in a research note on Monday, March 24th.

K-Bro Linen Trading Down 0.2%

K-Bro Linen stock opened at C$35.23 on Friday. The firm has a market capitalization of C$369.67 million, a price-to-earnings ratio of 19.71, a P/E/G ratio of 3.50 and a beta of 1.08. K-Bro Linen has a 12-month low of C$30.69 and a 12-month high of C$40.03. The firm has a 50 day moving average of C$34.95 and a 200 day moving average of C$35.79. The company has a current ratio of 2.08, a quick ratio of 0.87 and a debt-to-equity ratio of 102.23.

K-Bro Linen Company Profile

K-Bro Linen Inc is a healthcare and hospitality laundry and linen processor in Canada. It operates in major cities across Canada, and has two distribution centers, providing management services and laundry processing of hospitality, healthcare, and specialty linens. The company provides vital products and services that help people heal, travel, live, and play.

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