Evertz Technologies (ET) Scheduled to Post Quarterly Earnings on Wednesday

Evertz Technologies (TSE:ET) is set to issue its quarterly earnings data after the market closes on Wednesday, September 11th. Analysts expect the company to announce earnings of C$0.19 per share for the quarter.

Evertz Technologies (TSE:ET) last issued its quarterly earnings data on Wednesday, June 19th. The company reported C$0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.22 by C($0.04). The company had revenue of C$122.77 million during the quarter. Evertz Technologies had a net margin of 13.64% and a return on equity of 27.70%.

Evertz Technologies Stock Performance

TSE ET opened at C$13.36 on Tuesday. The company has a market cap of C$1.02 billion, a P/E ratio of 14.68, a P/E/G ratio of 0.79 and a beta of 0.88. The company has a debt-to-equity ratio of 8.71, a current ratio of 2.01 and a quick ratio of 0.68. The stock has a 50-day moving average of C$12.95 and a two-hundred day moving average of C$13.82. Evertz Technologies has a 1-year low of C$11.99 and a 1-year high of C$15.45.

Evertz Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 10th. Shareholders of record on Tuesday, July 2nd were given a $0.195 dividend. This represents a $0.78 annualized dividend and a yield of 5.84%. The ex-dividend date of this dividend was Tuesday, July 2nd. Evertz Technologies’s dividend payout ratio is currently 85.71%.

Insider Buying and Selling at Evertz Technologies

In other news, insider Evertz Technologies Limited sold 2,529 shares of the business’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of C$13.39, for a total transaction of C$33,865.33. 64.51% of the stock is currently owned by corporate insiders.

Evertz Technologies Company Profile

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 and distribution encoder, decoder, receiver, and processing products; and control panels, intelligent operations and controls, big data analytics, and network management systems, as well as orchestration, monitoring, and analytics solutions.