AcuityAds Holdings Inc. (TSE:AT) Expected to Earn FY2022 Earnings of $0.14 Per Share

AcuityAds Holdings Inc. (TSE:ATGet Rating) – Echelon Wealth Partners decreased their FY2022 earnings per share estimates for AcuityAds in a report released on Friday, April 22nd. Echelon Wealth Partners analyst now expects that the company will post earnings of $0.14 per share for the year, down from their prior estimate of $0.15.

AT has been the topic of a number of other reports. Canaccord Genuity Group reduced their price objective on AcuityAds from C$13.00 to C$7.00 in a research note on Friday, March 11th. Royal Bank of Canada initiated coverage on AcuityAds in a report on Monday, February 7th. They issued a “sector perform” rating and a C$6.00 target price on the stock. Finally, TD Securities lowered their price objective on AcuityAds from C$8.00 to C$6.00 and set a “buy” rating on the stock in a research report on Friday, March 11th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of C$9.88.

Shares of TSE AT opened at C$4.24 on Monday. AcuityAds has a 12 month low of C$2.67 and a 12 month high of C$15.72. The business has a 50-day moving average of C$3.66 and a 200-day moving average of C$4.59. The firm has a market capitalization of C$257.51 million and a price-to-earnings ratio of 23.56. The company has a current ratio of 4.44, a quick ratio of 4.33 and a debt-to-equity ratio of 9.74.

AcuityAds (TSE:ATGet Rating) last issued its quarterly earnings results on Thursday, March 10th. The company reported C$0.04 EPS for the quarter, missing analysts’ consensus estimates of C$0.08 by C($0.04). The firm had revenue of C$36.80 million during the quarter, compared to analysts’ expectations of C$36.29 million.

AcuityAds Company Profile (Get Rating)

AcuityAds Holdings Inc, a technology company, provides digital media solutions. The company offers a programmatic marketing platform that enables advertisers to connect with their audiences across online display, video, social, and mobile campaigns. Its platform also allows advertisers to manage their purchasing of online display advertising in real-time using programmatic ad buying.

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