mdf commerce inc. (TSE:MDF) Given Consensus Rating of “Hold” by Brokerages

mdf commerce inc. (TSE:MDFGet Rating) has been given a consensus rating of “Hold” by the seven brokerages that are covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is C$10.42.

Several research firms have recently weighed in on MDF. Laurentian Bank of Canada restated a “buy” rating and issued a C$11.00 target price on shares of mdf commerce in a research report on Monday, February 7th. BMO Capital Markets began coverage on mdf commerce in a research note on Monday, April 11th. They issued a “hold” rating and a C$4.00 price objective for the company. Finally, National Bankshares decreased their target price on mdf commerce from C$6.00 to C$5.00 in a report on Friday, February 11th.

Shares of TSE:MDF opened at C$2.59 on Friday. The business’s 50-day moving average is C$3.47 and its 200 day moving average is C$4.65. mdf commerce has a 1 year low of C$2.53 and a 1 year high of C$13.40. The firm has a market capitalization of C$113.88 million and a P/E ratio of -4.63. The company has a debt-to-equity ratio of 17.50, a current ratio of 0.95 and a quick ratio of 0.63.

mdf commerce (TSE:MDFGet Rating) last announced its quarterly earnings data on Wednesday, February 9th. The company reported C($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.02) by C($0.09). The firm had revenue of C$30.65 million during the quarter, compared to analyst estimates of C$33.13 million. On average, analysts expect that mdf commerce will post -0.2 EPS for the current year.

About mdf commerce (Get Rating)

mdf commerce inc., through its subsidiaries, provides software as a service (SaaS) solutions for consumers and businesses in Canada, the United States, Europe, Asia, and internationally. The company's SaaS solutions optimizes and accelerates commercial interactions between buyers and sellers. Its solutions include strategic sourcing, ecommerce, supply chain collaboration, and emarketplace.

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