Raymond James Financial Raises Earnings Estimates for Zedcor

Key Points

• Raymond James Financial raised its FY2025 earnings per share (EPS) estimate for Zedcor Inc. from $0.02 to $0.03, aligning with the current consensus estimate.
• National Bank Financial upgraded Zedcor to a "strong-buy" rating and increased its target price from C$5.00 to C$5.50.
• Zedcor stock is currently trading lower at C$4.19, despite having a market capitalization of C$406.21 million and significant fluctuations in its 52-week range.

Zedcor Inc. (CVE:ZDC - Free Report) - Equities researchers at Raymond James Financial increased their FY2025 earnings per share (EPS) estimates for shares of Zedcor in a research note issued to investors on Wednesday, August 13th. Raymond James Financial analyst F. Bastien now anticipates that the company will earn $0.03 per share for the year, up from their prior forecast of $0.02. The consensus estimate for Zedcor's current full-year earnings is $0.03 per share. Raymond James Financial also issued estimates for Zedcor's FY2026 earnings at $0.05 EPS.

Other research analysts also recently issued reports about the stock. National Bank Financial upgraded shares of Zedcor to a "strong-buy" rating in a research report on Monday, June 23rd. National Bankshares boosted their target price on shares of Zedcor from C$5.00 to C$5.50 and gave the stock an "outperform" rating in a research note on Thursday. Two analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Strong Buy" and a consensus target price of C$4.50.

Zedcor Trading Down 5.8%

Zedcor stock opened at C$4.19 on Friday. Zedcor has a 52 week low of C$1.57 and a 52 week high of C$4.49. The company has a debt-to-equity ratio of 78.93, a quick ratio of 0.87 and a current ratio of 1.14. The stock has a market capitalization of C$406.21 million, a P/E ratio of 1,041.20 and a beta of 2.48. The stock has a 50-day simple moving average of C$3.96 and a 200 day simple moving average of C$3.45.

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.

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