Cormark Has Bearish Estimate for Zedcor FY2026 Earnings

Key Points

• Cormark has revised Zedcor's FY2026 earnings per share estimate down to $0.12, from a previous forecast of $0.13, while the consensus estimate remains $0.03 per share.
• Zedcor's FY2027 earnings estimate has been set at $0.23 EPS, indicating anticipated growth in the company's financial performance.
• The stock rating for Zedcor is generally positive, with an average rating of "Strong Buy" and a target price increase from C$5.00 to C$5.50.

Zedcor Inc. (CVE:ZDC - Free Report) - Equities researchers at Cormark lowered their FY2026 earnings per share (EPS) estimates for shares of Zedcor in a report issued on Thursday, August 14th. Cormark analyst K. Mcphee now expects that the company will post earnings per share of $0.12 for the year, down from their previous forecast of $0.13. The consensus estimate for Zedcor's current full-year earnings is $0.03 per share. Cormark also issued estimates for Zedcor's FY2027 earnings at $0.23 EPS.

Other research analysts have also recently issued research reports about the company. Stifel Nicolaus set a C$7.00 price objective on Zedcor and gave the stock a "buy" rating in a research report on Wednesday. National Bankshares increased their price objective on Zedcor from C$5.00 to C$5.50 and gave the stock an "outperform" rating in a research report on Thursday, August 14th. Finally, National Bank Financial upgraded Zedcor to a "strong-buy" rating in a research report on Monday, June 23rd. Two investment analysts have rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of C$5.13.

Zedcor Stock Performance

Zedcor stock traded up C$0.04 during mid-day trading on Friday, hitting C$4.12. 257,193 shares of the company's stock traded hands, compared to its average volume of 196,963. The company has a debt-to-equity ratio of 78.93, a current ratio of 1.14 and a quick ratio of 0.87. The stock has a market cap of C$399.42 million, a price-to-earnings ratio of 1,023.81 and a beta of 2.48. The firm has a 50 day simple moving average of C$4.00 and a two-hundred day simple moving average of C$3.46. Zedcor has a fifty-two week low of C$1.61 and a fifty-two week high of C$4.49.

About Zedcor

Zedcor Inc provides technology-based security and surveillance services in Canada. It engages in the provision of rental, service, and remote monitoring of its proprietary MobileyeZ security towers; surveillance and monitoring of fixed site locations; and security personnel. The company also engages in mobile and fixed surveillance, security guards, access control, and sensor related technology services.