National Bank Financial Analysts Boost Earnings Estimates for GDI Integrated Facility Services Inc. (TSE:GDI)

GDI Integrated Facility Services Inc. (TSE:GDI – Get Rating) – National Bank Financial upped their Q2 2023 earnings per share (EPS) estimates for GDI Integrated Facility Services in a research report issued on Monday, May 15th. National Bank Financial analyst Z. Evershed now expects that the company will earn $0.33 per share for the quarter, up from their previous forecast of $0.28. The consensus estimate for GDI Integrated Facility Services’ current full-year earnings is $1.52 per share.

Other equities research analysts also recently issued reports about the company. CIBC reduced their target price on GDI Integrated Facility Services from C$62.00 to C$60.00 and set an “outperform” rating for the company in a report on Friday, March 3rd. TD Securities reduced their price objective on GDI Integrated Facility Services from C$52.00 to C$50.00 and set a “hold” rating for the company in a research note on Tuesday. National Bankshares reduced their price objective on GDI Integrated Facility Services from C$56.00 to C$53.00 and set an “outperform” rating for the company in a research note on Tuesday. Scotiabank increased their price objective on GDI Integrated Facility Services from C$53.50 to C$54.00 in a research note on Friday, March 3rd. Finally, Cormark reduced their price objective on GDI Integrated Facility Services from C$62.00 to C$52.00 in a research note on Tuesday.

GDI Integrated Facility Services Trading Up 1.1 %

Shares of TSE GDI opened at C$46.00 on Thursday. GDI Integrated Facility Services has a 12 month low of C$41.51 and a 12 month high of C$51.33. The company has a market cap of C$675.74 million, a price-to-earnings ratio of 29.30 and a beta of 0.97. The company has a quick ratio of 1.44, a current ratio of 1.53 and a debt-to-equity ratio of 90.66. The business has a fifty day simple moving average of C$44.59 and a 200-day simple moving average of C$46.20.

GDI Integrated Facility Services (TSE:GDI – Get Rating) last announced its earnings results on Thursday, May 11th. The company reported C$0.15 EPS for the quarter, missing the consensus estimate of C$0.16 by C($0.01). GDI Integrated Facility Services had a net margin of 1.66% and a return on equity of 8.68%. The company had revenue of C$591.00 million for the quarter, compared to analysts’ expectations of C$529.43 million.

About GDI Integrated Facility Services

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GDI Integrated Facility Services Inc operates in the outsourced facility services industry. The company operates through Janitorial Canada, Janitorial USA, and Technical services segments. It offers janitorial services, such as cleaning floors, dusting desks and tables, vacuuming carpets, sanitizing kitchens and washrooms, watering plants, cleaning exterior and interior parking facilities, and removal of garbage, as well as other services, including stripping and waxing floors, carpet cleaning, heavy dust cleaning, and window cleaning.