Desjardins Weighs in on Titanium Transportation Group Inc.’s FY2022 Earnings (CVE:TTR)

Titanium Transportation Group Inc. (CVE:TTR – Get Rating) – Research analysts at Desjardins boosted their FY2022 earnings per share (EPS) estimates for shares of Titanium Transportation Group in a research report issued on Tuesday, May 17th. Desjardins analyst B. Poirier now forecasts that the company will earn $0.30 per share for the year, up from their prior forecast of $0.23. Desjardins also issued estimates for Titanium Transportation Group’s FY2023 earnings at $0.28 EPS.

Other analysts have also issued reports about the company. Cormark set a C$5.75 price objective on Titanium Transportation Group in a report on Thursday, March 10th. Pi Financial restated a “buy” rating on shares of Titanium Transportation Group in a research report on Thursday, February 3rd.

Shares of TTR opened at C$2.47 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.91 and a debt-to-equity ratio of 142.22. Titanium Transportation Group has a 12 month low of C$2.15 and a 12 month high of C$3.99. The stock’s 50 day moving average is C$2.50 and its two-hundred day moving average is C$2.70. The firm has a market cap of C$109.58 million and a P/E ratio of 20.58.

Titanium Transportation Group (CVE:TTR – Get Rating) last issued its quarterly earnings data on Tuesday, March 8th. The company reported C$0.04 EPS for the quarter, missing the consensus estimate of C$0.05 by C($0.01). The business had revenue of C$111.28 million during the quarter, compared to the consensus estimate of C$105.87 million.

About Titanium Transportation Group (Get Rating)

Titanium Transportation Group Inc, together with its subsidiaries, provides asset-based transportation and logistics services in North America. It operates in two segments, Truck Transportation and Logistics. The Truck Transportation segment provides pickup and delivery of general merchandise by long-haul, dedicated, and local trucking services through various trailer types, including 53' dry vans, flatbeds, step-decks, heavy axle trailers, and other specialty equipment.

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