Raymond James Analysts Give Colabor Group (TSE:GCL) a C$1.80 Price Target

Raymond James set a C$1.80 price target on Colabor Group (TSE:GCL) in a research report sent to investors on Tuesday, Marketbeat Ratings reports. The firm currently has an outperform rating on the stock. Raymond James also issued estimates for Colabor Group’s Q3 2024 earnings at $0.01 EPS, Q4 2024 earnings at $0.00 EPS, FY2024 earnings at $0.01 EPS, Q1 2025 earnings at ($0.01) EPS, Q2 2025 earnings at $0.02 EPS, Q3 2025 earnings at $0.02 EPS, Q4 2025 earnings at $0.01 EPS, FY2025 earnings at $0.03 EPS and FY2026 earnings at $0.08 EPS.

Separately, Desjardins raised shares of Colabor Group to a moderate buy rating in a research report on Thursday, July 25th.

Colabor Group Stock Up 1.6 %

Shares of TSE:GCL opened at C$1.27 on Tuesday. Colabor Group has a 12-month low of C$0.88 and a 12-month high of C$1.33. The company has a current ratio of 1.60, a quick ratio of 0.76 and a debt-to-equity ratio of 157.32. The stock’s 50-day moving average price is C$1.21 and its 200-day moving average price is C$1.20. The stock has a market capitalization of C$129.53 million, a P/E ratio of 31.75, a price-to-earnings-growth ratio of 0.61 and a beta of 0.74.

Colabor Group (TSE:GCL) last announced its quarterly earnings results on Wednesday, July 24th. The company reported C$0.02 EPS for the quarter. The business had revenue of C$161.28 million for the quarter, compared to analysts’ expectations of C$162.20 million. Colabor Group had a return on equity of 4.23% and a net margin of 0.61%. On average, equities analysts anticipate that Colabor Group will post 0.1 earnings per share for the current year.

About Colabor Group

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.