What is Cormark's Estimate for kneat.com FY2025 Earnings?

Key Points

• Cormark has reduced its FY2025 earnings per share estimate for kneat.com from ($0.01) to ($0.02), while the consensus estimate stands at ($0.12) per share.
• Raymond James Financial has decreased its target price for kneat.com shares from C$7.50 to C$7.00, maintaining an "outperform" rating.
• As of Monday, kneat.com stock opened at C$5.90, with a market capitalization of C$551.66 million and a PE ratio of -63.73.

kneat.com, inc. (TSE:KSI - Free Report) - Equities research analysts at Cormark cut their FY2025 earnings per share (EPS) estimates for kneat.com in a report released on Thursday, August 7th. Cormark analyst G. Fairweather now forecasts that the company will post earnings of ($0.02) per share for the year, down from their prior forecast of ($0.01). The consensus estimate for kneat.com's current full-year earnings is ($0.12) per share.

Separately, Raymond James Financial decreased their target price on kneat.com from C$7.50 to C$7.00 and set an "outperform" rating on the stock in a research report on Wednesday, August 6th.

kneat.com Stock Performance

Shares of kneat.com stock traded down C$0.07 on Monday, hitting C$5.70. The stock had a trading volume of 21,866 shares, compared to its average volume of 93,570. kneat.com has a twelve month low of C$4.50 and a twelve month high of C$7.25. The business's 50 day moving average is C$5.99 and its two-hundred day moving average is C$6.25. The company has a quick ratio of 1.50, a current ratio of 1.43 and a debt-to-equity ratio of 85.50. The stock has a market cap of C$532.96 million, a price-to-earnings ratio of -61.57, a price-to-earnings-growth ratio of 597.67 and a beta of 1.08.

kneat.com Company Profile

kneat.com Inc is in the business of developing and marketing a software application for modelling regulated data-intensive processes for regulated industries, focusing on the life sciences industry. The company has developed Kneat Gx solution which provides management real-time visibility and control and increases product, quality, and compliance.