Evertz Technologies Limited (TSE:ET – Get Rating) – Analysts at Raymond James decreased their Q3 2023 earnings per share (EPS) estimates for shares of Evertz Technologies in a report issued on Wednesday, December 7th. Raymond James analyst S. Li now anticipates that the company will earn $0.21 per share for the quarter, down from their previous estimate of $0.24. The consensus estimate for Evertz Technologies’ current full-year earnings is $0.89 per share. Raymond James also issued estimates for Evertz Technologies’ Q4 2023 earnings at $0.23 EPS, FY2023 earnings at $0.84 EPS and FY2024 earnings at $0.94 EPS.
Evertz Technologies Stock Performance
Shares of ET stock opened at C$12.35 on Thursday. The business’s 50-day moving average price is C$11.95 and its 200-day moving average price is C$13.07. Evertz Technologies has a 12 month low of C$10.99 and a 12 month high of C$16.54. The firm has a market capitalization of C$941.02 million and a price-to-earnings ratio of 13.28. The company has a current ratio of 1.85, a quick ratio of 0.78 and a debt-to-equity ratio of 12.50.
Evertz Technologies (TSE:ET – Get Rating) last released its quarterly earnings data on Tuesday, September 13th. The company reported C$0.18 earnings per share for the quarter, missing the consensus estimate of C$0.21 by C($0.03). The company had revenue of C$101.54 million during the quarter.
Evertz Technologies Increases Dividends
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 22nd. Stockholders of record on Friday, December 16th will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 6.15%. This is an increase from Evertz Technologies’s previous quarterly dividend of $0.18. The ex-dividend date is Thursday, December 15th. Evertz Technologies’s dividend payout ratio (DPR) is 77.42%.
Evertz Technologies Company Profile
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Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution encoder, decoder, receiver, processing, and modulation products; and control panels, unified controls, accessories, and network management systems.
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