What is Indigo Books & Music's stock price target for 2024?

0 equities research analysts have issued 12-month target prices for Indigo Books & Music's shares. Their IDG share price targets range from C$3.40 to C$3.40. On average, they predict the company's share price to reach C$3.40 in the next year. This suggests a possible upside of 37.7% from the stock's current price. View analysts price targets for IDG or view top-rated stocks among Wall Street analysts .

How have IDG shares performed in 2024?

Indigo Books & Music's stock was trading at C$1.77 at the start of the year. Since then, IDG stock has increased by 39.5% and is now trading at C$2.47. View the best growth stocks for 2024 here .

When is Indigo Books & Music's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 25th 2024. View our IDG earnings forecast .

How were Indigo Books & Music's earnings last quarter?

Indigo Books & Music Inc. (TSE:IDG) posted its quarterly earnings results on Thursday, February, 8th. The company reported $0.35 earnings per share (EPS) for the quarter. The company had revenue of $370.65 million for the quarter. Indigo Books & Music had a negative trailing twelve-month return on equity of 1,263.95% and a negative net margin of 8.77%.

What other stocks do shareholders of Indigo Books & Music own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Indigo Books & Music investors own include Exela Technologies (XELA) , Citius Pharmaceuticals (CTXR) , AgEagle Aerial Systems (UAVS) , Avinger (AVGR) , HIVE Digital Technologies (HIVE) , Purple Biotech (KTOV) , Acorda Therapeutics (ACOR) , Akorn (AKRX) and Aileron Therapeutics (ALRN) .

How do I buy shares of Indigo Books & Music?

Shares of IDG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:IDG

Indigo Books & Music (IDG) Stock Price, News & Analysis

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C$2.47

+0.01 (+0.41%)

(As of 09:30 AM ET)

Compare

Today's Range: C$2.46
▼
C$2.47
50-Day Range: C$2.00
▼
C$2.47
52-Week Range: C$1.04
▼
C$2.60

Volume: 3,724 shs
Average Volume: 31,550 shs
Market Capitalization: C$68.34 million

P/E Ratio: N/A
Dividend Yield: 3.48%
Price Target: C$3.40

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines

Get Indigo Books & Music alerts:

Indigo Books & Music MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 37.7% Upside
C$3.40 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.23 out of 5 stars

2.0

Analyst's Opinion

Amount of Analyst Coverage
Indigo Books & Music has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for IDG.

0.8

Dividend Strength

Dividend Yield
Indigo Books & Music pays a meaningful dividend of 3.48%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Indigo Books & Music does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IDG.

0.6

News and Social Media Coverage

MarketBeat Follows
1 people have added Indigo Books & Music to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Indigo Books & Music insiders have not sold or bought any company stock.
Percentage Held by Insiders
60.84% of the stock of Indigo Books & Music is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 2.69% of the stock of Indigo Books & Music is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Indigo Books & Music is -0.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Indigo Books & Music is -0.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

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About Indigo Books & Music Stock (TSE:IDG)

Indigo Books & Music Inc., together with its subsidiaries, operates as a book and lifestyle retailer in Canada and the United States. It offers books, toys, gifts, baby, kids, wellness, lifestyle, living, fashion, paper, home, and electronics products, as well as kid's books, outdoor, beauty, and paper products. The company provides its products under the OUI STUDIO, OUI Design, Auria, LOVE & LORE, NÓTA, Wonder Co., Mini Maison, and The Littlest brands. The company also sells its products through digital channels, including indigo.ca and thoughtfull.co, and mobile applications. Indigo Books & Music Inc. was founded in 1940 and is headquartered in Toronto, Canada.

IDG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IDG Stock News Headlines

April 3, 2024 | msn.com

Indigo to go private after sale to holding company

April 3, 2024 | msn.com

Indigo Books To Be Taken Private As Stock Deteriorates

April 19, 2024 | InvestorPlace (Ad)

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Indigo Books & Music to go private, Trilogy will take over at $2.5 per share

April 3, 2024 | msn.com

Indigo agrees to go private after sale to holding company

April 3, 2024 | nasdaq.com

Indigo Books & Music Agrees To Be Taken Private By Trilogy At C$2.50/shr

April 3, 2024 | finance.yahoo.com

INDIGO AGREES TO BE TAKEN PRIVATE BY TRILOGY AT $2.50 PER SHARE

April 2, 2024 | msn.com

Hotel Indigo Columbus: a Riverfront Hotel in Columbus, GA

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March 20, 2024 | morningstar.com

Indigo Books & Music Inc IDG

February 25, 2024 | theglobeandmail.com

Indigo Books & Music: Stocks trading at Less Than Cash Value on TSX (IDG)

February 10, 2024 | theglobeandmail.com

Indigo reports 70 per cent drop in quarterly profit as it borrows more money from controlling shareholder

February 9, 2024 | msn.com

Indigo faced 'challenging' 2023 and will take some time to recover: CEO

February 9, 2024 | ca.finance.yahoo.com

Live news: Indigo revenues dive in 'disappointing' earnings report

February 8, 2024 | msn.com

Indigo Books & Music earns $10 million in third quarter, revenues dip

February 8, 2024 | finance.yahoo.com

Indigo Reports FY24 Third Quarter Results

February 3, 2024 | theglobeandmail.com

Proposal to take Indigo private would lower scrutiny, boost flexibility, experts say

February 3, 2024 | news.yahoo.com

Uptown Indigo holding bridal fest

February 3, 2024 | ca.finance.yahoo.com

Jeff Bezos may cash out billions in Amazon stock this year

February 1, 2024 | ca.finance.yahoo.com

Indigo receives privatization offer from Gerald Schwartz

February 1, 2024 | finance.yahoo.com

TRILOGY ANNOUNCES INDIGO PRIVATIZATION PROPOSAL

February 1, 2024 | finance.yahoo.com

Indigo Confirms Receipt of Unsolicited Non-Binding Privatization Proposal

January 12, 2024 | ca.finance.yahoo.com

Live news: Indigo lays off staff in cost-cutting move

December 29, 2023 | finance.yahoo.com

INDIGO CONFIRMS FULL LEADERSHIP TEAM AND LOOKS FORWARD WITH OPTIMISM TO 2024

November 9, 2023 | msn.com

Indigo Books & Music reports Q3 results

November 8, 2023 | msn.com

Indigo launches transformation plan in hopes of returning retailer to profitability

November 7, 2023 | ca.finance.yahoo.com

Indigo Reports FY24 Second Quarter Results

See More Headlines

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Company Calendar

Last Earnings: 2/08/2024
Today: 4/19/2024
Next Earnings (Estimated): 6/25/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Consumer Cyclical
Industry: Specialty Retail
Sub-Industry: N/A
Current Symbol: TSE:IDG
CUSIP: N/A
CIK: N/A
Web: www.chapters.indigo.ca
Phone: +1-416-3644499
Fax: N/A
Employees: 5,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$3.40
High Stock Price Target: C$3.40
Low Stock Price Target: C$3.40
Potential Upside/Downside: +37.7%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($2.99)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: C$-83,430,000.00
Net Margins: -8.77%
Pretax Margin: N/A
Return on Equity: -1,263.95%
Return on Assets: -4.33%

Debt

Debt-to-Equity Ratio: 2,093.16
Current Ratio: 0.92
Quick Ratio: 0.09

Sales & Book Value

Annual Sales: C$950.91 million
Price / Sales: 0.07
Cash Flow: C$0.99 per share
Price / Cash Flow: 2.50
Book Value: C($2.21) per share
Price / Book: -1.12

Miscellaneous

Outstanding Shares: 27,670,000
Free Float: N/A
Market Cap: C$68.34 million
Optionable: Not Optionable
Beta: 1.26

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Key Executives

Ms. Heather M. Reisman (Age 74)
CEO & Director
Comp: $819.08k
Mr. R. Craig Loudon
COO & CFO
Mr. Iain Kennedy
Chief Technology Officer
Mr. Damien Liddle
Senior VP, General Counsel, Chief Administrative Officer & Corporate Secretary
Mr. Andrew Sutherland
Chief Marketing Officer
Ms. Joyce L. Gray
Chief Customer Officer
Mr. Tod Morehead
Chief Merchandising Officer
Melissa Perri
Senior Manager of Public Relations

Key Competitors

View All Competitors

IDG Stock Analysis - Frequently Asked Questions

What is Indigo Books & Music's stock price target for 2024?: 0 equities research analysts have issued 12-month target prices for Indigo Books & Music's shares. Their IDG share price targets range from C$3.40 to C$3.40. On average, they predict the company's share price to reach C$3.40 in the next year. This suggests a possible upside of 37.7% from the stock's current price.
View analysts price targets for IDG or view top-rated stocks among Wall Street analysts.
How have IDG shares performed in 2024?: Indigo Books & Music's stock was trading at C$1.77 at the start of the year. Since then, IDG stock has increased by 39.5% and is now trading at C$2.47.
View the best growth stocks for 2024 here.
When is Indigo Books & Music's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 25th 2024.
View our IDG earnings forecast.
How were Indigo Books & Music's earnings last quarter?: Indigo Books & Music Inc. (TSE:IDG) posted its quarterly earnings results on Thursday, February, 8th. The company reported $0.35 earnings per share (EPS) for the quarter. The company had revenue of $370.65 million for the quarter. Indigo Books & Music had a negative trailing twelve-month return on equity of 1,263.95% and a negative net margin of 8.77%.

What other stocks do shareholders of Indigo Books & Music own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Indigo Books & Music investors own include Exela Technologies (XELA), Citius Pharmaceuticals (CTXR), AgEagle Aerial Systems (UAVS), Avinger (AVGR), HIVE Digital Technologies (HIVE), Purple Biotech (KTOV), Acorda Therapeutics (ACOR), Akorn (AKRX) and Aileron Therapeutics (ALRN).
How do I buy shares of Indigo Books & Music?: Shares of IDG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:IDG) was last updated on 4/19/2024 by MarketBeat.com Staff

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Indigo Books & Music (IDG) Stock Price, News & Analysis