Raymond James Financial Weighs in on Boralex FY2025 Earnings

Key Points

• Raymond James Financial has lowered its FY2025 earnings per share (EPS) estimate for Boralex Inc. from $0.94 to $0.89.
• Other analysts, including National Bankshares and TD Securities, have adjusted their price targets for Boralex, reflecting a mix of ratings from "buy" to "outperform."
• Boralex's stock opened at C$29.64, with a market capitalization of C$3.09 billion and a P/E ratio of 43.45.

Boralex Inc. (TSE:BLX - Free Report) - Research analysts at Raymond James Financial lowered their FY2025 EPS estimates for Boralex in a report released on Monday, August 11th. Raymond James Financial analyst D. Magder now expects that the company will post earnings per share of $0.89 for the year, down from their previous forecast of $0.94. Raymond James Financial has a "Moderate Buy" rating on the stock. The consensus estimate for Boralex's current full-year earnings is $1.34 per share. Raymond James Financial also issued estimates for Boralex's Q4 2026 earnings at $0.84 EPS.

A number of other analysts have also recently weighed in on the stock. National Bankshares cut their price objective on shares of Boralex from C$43.00 to C$41.00 and set an "outperform" rating on the stock in a report on Monday. TD Securities raised their price objective on shares of Boralex from C$35.00 to C$38.00 and gave the stock a "buy" rating in a report on Wednesday, June 18th. BMO Capital Markets cut their price objective on shares of Boralex from C$42.00 to C$39.00 in a report on Thursday, May 22nd. National Bank Financial raised shares of Boralex to a "strong-buy" rating in a report on Sunday, June 8th. Finally, Scotiabank cut their price objective on shares of Boralex from C$36.00 to C$35.00 and set a "sector perform" rating on the stock in a report on Monday. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of C$38.89.

Boralex Stock Up 0.3%

BLX stock opened at C$29.64 on Wednesday. The company has a current ratio of 0.86, a quick ratio of 1.54 and a debt-to-equity ratio of 233.60. Boralex has a twelve month low of C$24.40 and a twelve month high of C$36.63. The company's 50 day moving average is C$31.70 and its two-hundred day moving average is C$29.78. The stock has a market cap of C$3.09 billion, a P/E ratio of 43.45, a PEG ratio of 2.01 and a beta of 0.46.

Boralex Company Profile

Boralex Inc is an electric utility company involved in the development, construction, and operation of renewable energy power facilities. The company controls a portfolio of electricity producing plants that utilize wind, hydroelectric, thermal, and solar fuel sources. Most of Boralex's plants rely on wind power, while a significant number also employ hydroelectric power.

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