Black Diamond Group Ltd (BDI) Forecasted to Post Q3 2017 Earnings of ($0.08) Per Share
Black Diamond Group Ltd (TSE:BDI) – Analysts at Cormark cut their Q3 2017 earnings per share (EPS) estimates for shares of Black Diamond Group in a research note issued on Tuesday. Cormark analyst J. Zhang now expects that the company will post earnings per share of ($0.08) for the quarter, down from their previous forecast of ($0.04). Cormark also issued estimates for Black Diamond Group’s Q4 2017 earnings at ($0.05) EPS, FY2017 earnings at ($0.35) EPS, Q1 2018 earnings at ($0.03) EPS, Q2 2018 earnings at ($0.04) EPS, Q3 2018 earnings at ($0.01) EPS, Q4 2018 earnings at ($0.01) EPS and FY2018 earnings at ($0.09) EPS.
Several other research analysts have also recently commented on BDI. Clarus Securities cut shares of Black Diamond Group from a “buy” rating to a “hold” rating in a research report on Tuesday. CIBC decreased their target price on shares of Black Diamond Group from C$2.75 to C$1.75 in a research report on Tuesday. National Bank Financial decreased their target price on shares of Black Diamond Group from C$4.50 to C$3.00 and set a “sector perform” rating for the company in a research report on Friday, August 4th. Acumen Capital decreased their target price on shares of Black Diamond Group from C$4.50 to C$3.25 and set a “buy” rating for the company in a research report on Tuesday. Finally, BMO Capital Markets restated an “outperform” rating and issued a C$6.00 target price on shares of Black Diamond Group in a research report on Tuesday, July 4th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of C$4.07.
Shares of Black Diamond Group (TSE BDI) opened at 1.73 on Thursday. The firm’s market cap is $94.65 million. The company has a 50-day moving average of $2.52 and a 200-day moving average of $3.61. Black Diamond Group has a 12 month low of $1.59 and a 12 month high of $5.88.
The company also recently announced a monthly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Monday, July 31st will be given a $0.025 dividend. This represents a $0.30 annualized dividend and a yield of 17.34%. The ex-dividend date of this dividend is Thursday, July 27th.
Black Diamond Group Company Profile
Black Diamond Group Limited is a Canada-based company, which rents and sells modular workforce accommodation and space rental solutions to customers in Canada, the United States and Australia. The Company offers lodging and other support services related to remote workforce accommodation and space rentals.
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