Cormark Weighs in on Colabor Group Inc.’s FY2024 Earnings (TSE:GCL)

Colabor Group Inc. (TSE:GCLFree Report) – Analysts at Cormark reduced their FY2024 earnings per share estimates for shares of Colabor Group in a research report issued to clients and investors on Monday, May 6th. Cormark analyst K. Mcphee now expects that the company will earn $0.10 per share for the year, down from their prior estimate of $0.11. The consensus estimate for Colabor Group’s current full-year earnings is $0.11 per share.

Colabor Group Stock Up 1.8 %

Colabor Group stock opened at C$1.13 on Thursday. The company has a market capitalization of C$115.25 million, a PE ratio of 18.83, a PEG ratio of 0.61 and a beta of 0.76. Colabor Group has a 12-month low of C$0.72 and a 12-month high of C$1.33. The firm’s fifty day moving average is C$1.19 and its 200 day moving average is C$1.19. The company has a quick ratio of 0.76, a current ratio of 1.74 and a debt-to-equity ratio of 158.98.

About Colabor Group

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Colabor Group Inc, together with its subsidiaries, markets and distributes food and food-related products in Canada. It operates in two segments, Distribution and Wholesale. The Distribution segment offers frozen products, dry staples, dairy products, meat, seafood, fruits and vegetables, disposables, and sanitation products, as well as fish products.

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