Aimia (AIM) to Release Earnings on Wednesday

Aimia (TSE:AIM - Get Free Report) is set to issue its quarterly earnings data before the market opens on Wednesday, May 15th. Analysts expect the company to announce earnings of C($0.55) per share for the quarter.

Aimia (TSE:AIM - Get Free Report) last released its quarterly earnings data on Tuesday, March 26th. The company reported C($0.69) earnings per share for the quarter, missing the consensus estimate of C($0.10) by C($0.59). The business had revenue of C$100.10 million during the quarter. Aimia had a negative net margin of 108.69% and a negative return on equity of 20.24%.

Aimia Price Performance

Shares of Aimia stock traded up C$0.09 during midday trading on Wednesday, hitting C$2.40. 79,589 shares of the company traded hands, compared to its average volume of 37,808. The stock has a market cap of C$227.14 million, a price-to-earnings ratio of -1.33, a PEG ratio of -2.30 and a beta of 1.06. The company has a debt-to-equity ratio of 22.76, a quick ratio of 83.33 and a current ratio of 2.68. The firm's fifty day moving average price is C$2.59 and its 200-day moving average price is C$2.94. Aimia has a 12 month low of C$2.25 and a 12 month high of C$3.83.

Wall Street Analyst Weigh In

Several research firms recently commented on AIM. TD Securities cut their target price on shares of Aimia from C$5.00 to C$4.00 and set a "buy" rating on the stock in a research report on Wednesday, March 27th. Jefferies Financial Group boosted their price objective on shares of Aimia from C$3.25 to C$4.50 and gave the stock a "buy" rating in a research note on Wednesday, March 27th.

About Aimia

Aimia Inc invests in public and private companies. It operates through Bozzetto, Cortland International, and Holdings segments. The company, through its long-term investments, provides specialty chemicals, textiles, and water and dispersion chemical solutions in various applications, including textile, home and personal care, plasterboard, and agrochemical markets; manufactures synthetic fiber ropes, as well as offers netting solutions for maritime and other industrial customers; and manufactures and supplies ropes, slings, and tethers for aerospace and defense, marine, renewables, and other industrial end markets.