Dorel Industries (TSE:DII.B) Given New C$2.25 Price Target at TD Securities

Dorel Industries (TSE:DII.B) had its price objective increased by TD Securities from C$1.50 to C$2.25 in a research report sent to investors on Thursday morning,BayStreet.CA reports. TD Securities currently has a hold rating on the stock.

Dorel Industries Stock Up 0.6%

Shares of Dorel Industries stock opened at C$1.75 on Thursday. The company has a fifty day moving average price of C$1.85 and a 200 day moving average price of C$1.68. The company has a current ratio of 1.45, a quick ratio of 0.64 and a debt-to-equity ratio of 287.70. Dorel Industries has a twelve month low of C$1.15 and a twelve month high of C$3.51. The stock has a market cap of C$57.17 million, a price-to-earnings ratio of -0.30, a price-to-earnings-growth ratio of -0.11 and a beta of 0.86.

Dorel Industries (TSE:DII.B) last released its quarterly earnings data on Tuesday, March 10th. The company reported C($0.48) EPS for the quarter. The company had revenue of C$361.20 million during the quarter. Dorel Industries had a negative net margin of 6.47% and a negative return on equity of 48.11%. Equities research analysts forecast that Dorel Industries will post 0.7015306 earnings per share for the current fiscal year.

Dorel Industries Company Profile

Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children’s furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children’s accessories which include infant car seats, strollers, high chairs, and infant health and safety aids.