Black Diamond Group Ltd (BDI) Forecasted to Post FY2017 Earnings of ($0.46) Per Share
Black Diamond Group Ltd (TSE:BDI) – Investment analysts at National Bank Financial cut their FY2017 earnings per share (EPS) estimates for Black Diamond Group in a report issued on Monday. National Bank Financial analyst G. Colman now forecasts that the company will post earnings per share of ($0.46) for the year, down from their prior forecast of ($0.45). National Bank Financial has a “Sector Perform” rating and a $3.00 price target on the stock. National Bank Financial also issued estimates for Black Diamond Group’s Q4 2017 earnings at ($0.08) EPS and FY2018 earnings at ($0.20) EPS.
Other equities analysts have also recently issued reports about the company. CIBC lowered their price target on Black Diamond Group from C$2.75 to C$1.75 in a report on Tuesday, August 8th. Acumen Capital lowered their price target on Black Diamond Group from C$4.50 to C$3.25 and set a “buy” rating for the company in a report on Thursday, August 17th. Clarus Securities cut Black Diamond Group from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Raymond James Financial, Inc. lowered their target price on Black Diamond Group from C$4.50 to C$2.80 and set an “outperform” rating for the company in a report on Tuesday, August 15th. Finally, BMO Capital Markets restated an “outperform” rating and set a C$6.00 target price on shares of Black Diamond Group in a report on Tuesday, July 4th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of C$3.69.
Shares of Black Diamond Group (BDI) opened at 2.32 on Thursday. The stock’s 50 day moving average is $1.87 and its 200-day moving average is $2.94. Black Diamond Group has a 52 week low of $1.55 and a 52 week high of $5.88. The stock’s market capitalization is $128.32 million.
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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