Analysts Offer Predictions for Zedcor Inc.’s FY2024 Earnings (CVE:ZDC)

Zedcor Inc. (CVE:ZDC) – Cormark issued their FY2024 EPS estimates for shares of Zedcor in a report released on Wednesday, April 24th. Cormark analyst K. Mcphee forecasts that the company will post earnings per share of $0.01 for the year. Cormark has a “Buy” rating and a $1.70 price objective on the stock. The consensus estimate for Zedcor’s current full-year earnings is $0.06 per share. Cormark also issued estimates for Zedcor’s FY2025 earnings at $0.01 EPS, FY2026 earnings at $0.03 EPS, FY2027 earnings at $0.07 EPS and FY2028 earnings at $0.11 EPS.

Zedcor (CVE:ZDC) last released its quarterly earnings data on Wednesday, April 10th. The company reported C($0.01) earnings per share (EPS) for the quarter. The firm had revenue of C$5.80 million for the quarter. Zedcor had a return on equity of 25.74% and a net margin of 10.66%.

Zedcor Price Performance

Zedcor stock opened at C$1.04 on Monday. The stock has a market cap of C$80.45 million, a P/E ratio of 13.00 and a beta of 2.29. The company has a fifty day simple moving average of C$0.85 and a 200-day simple moving average of C$0.69. Zedcor has a 12-month low of C$0.49 and a 12-month high of C$1.19. The company has a current ratio of 0.77, a quick ratio of 0.87 and a debt-to-equity ratio of 227.93.

Insider Transactions at Zedcor

In other news, Senior Officer James Joseph Leganchuk sold 200,000 shares of Zedcor stock in a transaction on Friday, February 16th. The shares were sold at an average price of C$0.58, for a total transaction of C$116,000.00. In other news, Senior Officer James Joseph Leganchuk sold 200,000 shares of Zedcor stock in a transaction on Friday, February 16th. The shares were sold at an average price of C$0.58, for a total transaction of C$116,000.00. Also, Senior Officer Jan Marie Campbell sold 125,000 shares of Zedcor stock in a transaction on Friday, April 12th. The stock was sold at an average price of C$1.06, for a total transaction of C$132,500.00. In the last three months, insiders sold 476,000 shares of company stock valued at $335,020. Insiders own 37.80% of the company’s stock.

Zedcor Company Profile

Zedcor Inc provides technology-based security and surveillance services in Canada. The company engages in the provision of rental, service, and remote monitoring of its proprietary MobileyeZ security towers; surveillance and monitoring of fixed site locations; and security personnel. It also engages in mobile and fixed surveillance, security guards, access control, and sensor related technology services.