Coveo Solutions Inc. (TSE:CVO) to Post Q4 2024 Earnings of ($0.03) Per Share, National Bank Financial Forecasts

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Coveo Solutions Inc. (TSE:CVO - Free Report) - Equities researchers at National Bank Financial issued their Q4 2024 EPS estimates for shares of Coveo Solutions in a research note issued on Wednesday, April 17th. National Bank Financial analyst R. Tse forecasts that the company will post earnings per share of ($0.03) for the quarter. The consensus estimate for Coveo Solutions' current full-year earnings is ($0.21) per share.

Several other equities analysts have also recently commented on the company. TD Securities upped their price target on Coveo Solutions from C$13.50 to C$15.00 and gave the company a "buy" rating in a report on Tuesday, February 6th. Eight Capital upped their target price on Coveo Solutions from C$13.50 to C$16.00 and gave the company a "buy" rating in a research note on Wednesday, February 21st. Stifel Nicolaus lifted their price target on shares of Coveo Solutions from C$14.00 to C$15.00 and gave the stock a "buy" rating in a research note on Tuesday, February 6th. Royal Bank of Canada boosted their price target on shares of Coveo Solutions from C$14.00 to C$15.00 and gave the company an "outperform" rating in a report on Tuesday, February 6th. Finally, Scotiabank raised their price objective on shares of Coveo Solutions from C$13.00 to C$14.00 and gave the stock an "outperform" rating in a report on Wednesday, January 31st. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of C$13.75.


View Our Latest Report on CVO

Coveo Solutions Stock Performance

Shares of TSE:CVO traded down C$0.09 on Monday, hitting C$8.94. 67,532 shares of the company were exchanged, compared to its average volume of 96,281. The company's 50 day moving average price is C$10.33 and its two-hundred day moving average price is C$10.14. The firm has a market capitalization of C$476.68 million, a price-to-earnings ratio of -23.15, a PEG ratio of 0.09 and a beta of 1.05. The company has a debt-to-equity ratio of 5.37, a quick ratio of 3.14 and a current ratio of 2.44. Coveo Solutions has a one year low of C$6.02 and a one year high of C$12.48.

Coveo Solutions (TSE:CVO - Get Free Report) last announced its earnings results on Monday, February 5th. The company reported C($0.08) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C($0.04) by C($0.04). Coveo Solutions had a negative return on equity of 13.31% and a negative net margin of 21.85%. The company had revenue of C$43.24 million for the quarter, compared to the consensus estimate of C$43.26 million.

About Coveo Solutions

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Coveo Solutions Inc provides AI platforms that enable individualized, connected, and trusted digital experiences. The Relevance Cloud platform, an AI solution that integrates AI search, recommendations, GenAI answering, AI models, and analytics across various digital domains; and is designed for scale, security, and compliance and integrates into enterprise ecosystems as a cloud-native SaaS, multi-tenant, API-first, and headless platform.

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