FY2023 EPS Estimates for Green Impact Partners Inc. (CVE:GIP) Lifted by Analyst

Green Impact Partners Inc. (CVE:GIP – Get Rating) – Investment analysts at Cormark lifted their FY2023 earnings estimates for shares of Green Impact Partners in a research note issued on Wednesday, May 24th. Cormark analyst N. Boychuk now forecasts that the company will earn $0.08 per share for the year, up from their previous estimate of ($0.32). The consensus estimate for Green Impact Partners’ current full-year earnings is ($0.06) per share. Cormark also issued estimates for Green Impact Partners’ FY2024 earnings at ($0.09) EPS and FY2025 earnings at $0.14 EPS.

Green Impact Partners (CVE:GIP – Get Rating) last announced its earnings results on Thursday, April 20th. The company reported C($0.25) earnings per share (EPS) for the quarter. Green Impact Partners had a negative net margin of 4.37% and a negative return on equity of 7.63%.

Several other research firms have also commented on GIP. Haywood Securities boosted their price objective on shares of Green Impact Partners from C$13.00 to C$25.00 in a research note on Wednesday, February 22nd. Royal Bank of Canada upped their price target on Green Impact Partners from C$12.00 to C$14.00 and gave the stock an “outperform” rating in a research report on Thursday, February 23rd. Finally, National Bankshares increased their price objective on Green Impact Partners from C$12.00 to C$15.00 and gave the company an “outperform” rating in a report on Wednesday, February 22nd.

Green Impact Partners Price Performance

Shares of GIP stock opened at C$8.21 on Friday. The stock’s 50-day moving average is C$8.55 and its 200 day moving average is C$6.94. Green Impact Partners has a 1-year low of C$3.51 and a 1-year high of C$10.00. The company has a debt-to-equity ratio of 56.86, a current ratio of 0.86 and a quick ratio of 0.68. The company has a market cap of C$166.66 million and a P/E ratio of -18.24.

Green Impact Partners Company Profile

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Green Impact Partners Inc, a clean energy company, provides water, waste, and solids treatment and recycling services in North America. It operates through two segments, Water and Industrial, and Energy Production. The company operates seven water and solids treatment and recycling facilities. It also acquires, develops, builds, and operates renewable natural gas (RNG) projects; and distributes RNG, biofuel, and hydrogen.