Cormark Decreases Earnings Estimates for Black Diamond Group

Black Diamond Group Limited (TSE:BDI - Free Report) - Investment analysts at Cormark reduced their FY2026 earnings per share (EPS) estimates for shares of Black Diamond Group in a report released on Monday, May 5th. Cormark analyst K. Mcphee now forecasts that the company will post earnings of $0.52 per share for the year, down from their prior forecast of $0.54. 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 FY2027 earnings at $0.72 EPS.

Black Diamond Group Stock Up 1.0 %

Shares of BDI stock traded up C$0.09 on Wednesday, hitting C$9.23. The stock had a trading volume of 167,237 shares, compared to its average volume of 39,698. Black Diamond Group has a one year low of C$7.40 and a one year high of C$10.27. The company has a quick ratio of 1.05, a current ratio of 1.17 and a debt-to-equity ratio of 88.46. The company has a market cap of C$574.66 million, a PE ratio of 23.38 and a beta of 1.54. The business has a 50 day moving average price of C$8.44 and a 200 day moving average price of C$8.82.

Insider Activity at Black Diamond Group

In other news, Senior Officer Tobias Gerald Labrie sold 3,540 shares of Black Diamond Group stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of C$8.35, for a total value of C$29,559.00. Also, Director Steve Stein sold 20,000 shares of the stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of C$9.20, for a total transaction of C$184,000.00. Insiders have sold a total of 25,898 shares of company stock valued at $232,659 over the last ninety days. 23.83% of the stock is owned by company insiders.

Black Diamond Group Company Profile

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.