Raymond James restated their underperform rating on shares of Stuart Olson (TSE:SOX) in a research report sent to investors on Thursday morning, BayStreet.CA reports. The firm currently has a C$2.00 price objective on the stock.
Several other research analysts have also recently issued reports on SOX. National Bank Financial cut their price target on shares of Stuart Olson from C$3.50 to C$3.00 and set an underperform rating for the company in a report on Friday, August 9th. TD Securities cut their price target on shares of Stuart Olson from C$4.75 to C$3.75 and set a hold rating for the company in a report on Monday, August 12th. Canaccord Genuity cut their price target on shares of Stuart Olson from C$4.50 to C$3.25 in a report on Monday, August 12th. Finally, CIBC cut their price target on shares of Stuart Olson from C$5.00 to C$4.00 in a report on Tuesday, July 16th. Two research analysts have rated the stock with a sell rating and three have issued a hold rating to the company. Stuart Olson presently has a consensus rating of Hold and an average price target of C$2.43.
TSE SOX traded down C$0.06 during trading hours on Thursday, hitting C$1.59. 184,600 shares of the stock were exchanged, compared to its average volume of 51,313. The company has a market cap of $75.01 million and a price-to-earnings ratio of -19.63. Stuart Olson has a 12-month low of C$1.38 and a 12-month high of C$5.84. The stock has a 50-day moving average of C$2.78 and a 200 day moving average of C$3.36. The company has a quick ratio of 0.95, a current ratio of 0.97 and a debt-to-equity ratio of 95.57.
Stuart Olson (TSE:SOX) last posted its quarterly earnings results on Wednesday, August 7th. The company reported C($0.08) earnings per share (EPS) for the quarter. The company had revenue of C$239.46 million for the quarter, compared to analysts’ expectations of C$272.45 million. On average, equities research analysts expect that Stuart Olson will post 0.23 earnings per share for the current year.
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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