GDI Integrated Facility Services Inc. Expected to Post FY2023 Earnings of $1.03 Per Share (TSE:GDI)

GDI Integrated Facility Services Inc. (TSE:GDI) – Equities researchers at National Bank Financial dropped their FY2023 earnings per share estimates for GDI Integrated Facility Services in a report released on Sunday, November 12th. National Bank Financial analyst Z. Evershed now forecasts that the company will post earnings of $1.03 per share for the year, down from their previous estimate of $1.22. The consensus estimate for GDI Integrated Facility Services’ current full-year earnings is $1.49 per share. National Bank Financial also issued estimates for GDI Integrated Facility Services’ FY2024 earnings at $1.53 EPS and FY2025 earnings at $1.79 EPS.

A number of other research analysts have also commented on GDI. Scotiabank lowered their price target on GDI Integrated Facility Services from C$51.50 to C$47.50 and set a “sector perform” rating on the stock in a report on Monday. Cormark decreased their price objective on shares of GDI Integrated Facility Services from C$43.00 to C$40.00 in a report on Monday. CIBC lowered their price objective on shares of GDI Integrated Facility Services from C$54.00 to C$45.00 and set an “outperform” rating on the stock in a research note on Monday. Desjardins increased their price target on GDI Integrated Facility Services from C$55.00 to C$56.00 and gave the company a “buy” rating in a research note on Tuesday, October 17th. Finally, National Bankshares dropped their price objective on GDI Integrated Facility Services from C$51.50 to C$45.00 in a research note on Tuesday, October 31st. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, GDI Integrated Facility Services has an average rating of “Moderate Buy” and a consensus target price of C$46.42.

GDI Integrated Facility Services Stock Down 1.8 %

Shares of GDI Integrated Facility Services stock opened at C$36.25 on Tuesday. The company has a debt-to-equity ratio of 101.36, a current ratio of 1.72 and a quick ratio of 1.44. GDI Integrated Facility Services has a 1-year low of C$35.40 and a 1-year high of C$50.94. The business’s fifty day moving average price is C$39.19 and its two-hundred day moving average price is C$42.49. The company has a market capitalization of C$531.43 million, a P/E ratio of 35.19 and a beta of 1.03.

GDI Integrated Facility Services Company Profile

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 floor cleaning and finishing, window washing, furniture polishing, and carpet cleaning and dusting, as well as other building services, including lawn maintenance, snow removal, and others.