Westshore Terminals Investment (TSE:WTE - Free Report) had its price target lowered by CIBC from C$30.00 to C$29.00 in a report published on Tuesday, BayStreet.CA reports. The brokerage currently has a neutral rating on the stock.
Separately, Scotiabank reduced their price target on Westshore Terminals Investment from C$27.00 to C$24.50 in a report on Monday.
Get Our Latest Stock Analysis on Westshore Terminals Investment
Westshore Terminals Investment Trading Down 2.8 %
Shares of WTE stock traded down C$0.69 during trading hours on Tuesday, reaching C$23.93. The company had a trading volume of 294,294 shares, compared to its average volume of 72,286. The company has a 50 day moving average of C$25.61 and a 200 day moving average of C$26.01. The firm has a market cap of C$1.50 billion, a price-to-earnings ratio of 12.92 and a beta of 0.88. The company has a debt-to-equity ratio of 62.47, a current ratio of 1.22 and a quick ratio of 2.07. Westshore Terminals Investment has a 1-year low of C$22.73 and a 1-year high of C$33.72.
Westshore Terminals Investment (TSE:WTE - Get Free Report) last released its earnings results on Friday, March 8th. The company reported C$0.36 earnings per share (EPS) for the quarter. The firm had revenue of C$88.69 million during the quarter. Westshore Terminals Investment had a return on equity of 13.92% and a net margin of 26.97%. On average, equities research analysts anticipate that Westshore Terminals Investment will post 1.6696203 EPS for the current year.
Westshore Terminals Investment Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Sunday, June 30th will be paid a dividend of $0.375 per share. The ex-dividend date is Friday, June 28th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 6.27%. Westshore Terminals Investment's payout ratio is presently 80.65%.
About Westshore Terminals Investment
(
Get Free Report)
Westshore Terminals Investment Corporation operates a coal storage and unloading/loading terminal at Roberts Bank, British Columbia. The company has contracts to ship coal from mines in British Columbia, Alberta, and the United States. Westshore Terminals Investment Corporation was founded in 1970 and is headquartered in Vancouver, Canada.
Further Reading
Before you consider Westshore Terminals Investment, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Westshore Terminals Investment wasn't on the list.
While Westshore Terminals Investment currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Get This Free Report
