FY2026 EPS Estimates for TSE:ET Lowered by Analyst

Key Points

• Raymond James Financial has revised its FY2026 earnings per share estimate for Evertz Technologies from $0.84 to $0.82, which is slightly above the current consensus estimate of $0.80.
• Evertz Technologies recently declared a quarterly dividend of $0.20 per share, offering an annualized yield of 6.6%, though its dividend payout ratio stands at a high 102.60%.
• The company's stock is currently valued at C$12.09 and has experienced a yearly price fluctuation between C$9.45 and C$13.52.

Evertz Technologies Limited (TSE:ET - Free Report) - Research analysts at Raymond James Financial cut their FY2026 earnings per share estimates for Evertz Technologies in a research note issued on Thursday, September 11th. Raymond James Financial analyst S. Li now anticipates that the company will post earnings per share of $0.82 for the year, down from their previous estimate of $0.84. The consensus estimate for Evertz Technologies' current full-year earnings is $0.80 per share.

Separately, Royal Bank Of Canada set a C$12.00 target price on Evertz Technologies and gave the company a "sector perform" rating in a research report on Friday. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of C$13.75.

Evertz Technologies Price Performance

Shares of TSE ET traded up C$0.03 during midday trading on Monday, hitting C$12.30. The stock had a trading volume of 21,325 shares, compared to its average volume of 24,086. Evertz Technologies has a 1 year low of C$9.45 and a 1 year high of C$13.52. The company has a market capitalization of C$927.53 million, a PE ratio of 15.57, a P/E/G ratio of 0.79 and a beta of 0.61. The company has a quick ratio of 0.68, a current ratio of 2.18 and a debt-to-equity ratio of 8.09. The stock has a 50 day simple moving average of C$12.12 and a 200-day simple moving average of C$11.63.

Evertz Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 25th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, September 18th. This represents a $0.80 annualized dividend and a yield of 6.5%. Evertz Technologies's dividend payout ratio is currently 100.63%.

Evertz Technologies Company Profile

Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments.