Stuart Olson (TSE:SOX) PT Lowered to C$4.00

Stuart Olson (TSE:SOX) had its price target decreased by CIBC from C$5.00 to C$4.00 in a research report report published on Tuesday morning, BayStreet.CA reports.

Several other analysts also recently weighed in on SOX. Raymond James restated a buy rating on shares of Canadian Natural Resources in a research note on Friday, May 10th. National Bank Financial raised their target price on Yamana Gold from C$3.75 to C$4.00 and gave the company a sector perform rating in a research note on Friday, May 10th.

Shares of Stuart Olson stock opened at C$3.46 on Tuesday. The firm’s 50-day simple moving average is C$3.55. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 88.44. The firm has a market capitalization of $92.11 million and a P/E ratio of 86.50. Stuart Olson has a 1-year low of C$3.25 and a 1-year high of C$7.99.

Stuart Olson (TSE:SOX) last announced its earnings results on Wednesday, May 8th. The company reported C($0.09) earnings per share for the quarter, missing the consensus estimate of C($0.04) by C($0.05). The firm had revenue of C$220.86 million during the quarter, compared to the consensus estimate of C$241.05 million. As a group, sell-side analysts expect that Stuart Olson will post 0.4 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 16th. Stockholders of record on Tuesday, July 16th were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.24 annualized dividend and a dividend yield of 6.94%. Stuart Olson’s dividend payout ratio is presently 1,050.00%.

Stuart Olson Company Profile

Stuart Olson Inc provides general contracting and electrical building systems contracting to the institutional and commercial construction markets in Canada. The company's Buildings Group segment provides general contracting services, including integrated project delivery, construction management, and design-build services for schools, hospitals, and high-rise buildings; and provision of management, estimating, accounting, site management, field workers, and equipment in order to complete projects.

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