Enterprise Group (TSE:E) Issues Quarterly Earnings Results

Enterprise Group (TSE:E) issued its quarterly earnings results on Thursday. The company reported C$0.03 earnings per share for the quarter, FiscalAI reports. The business had revenue of C$12.00 million during the quarter. Enterprise Group had a return on equity of 4.11% and a net margin of 9.72%.

Enterprise Group Stock Performance

Shares of Enterprise Group stock traded down C$0.01 on Friday, reaching C$1.35. 16,112 shares of the stock were exchanged, compared to its average volume of 151,145. The company has a quick ratio of 3.18, a current ratio of 2.37 and a debt-to-equity ratio of 30.73. Enterprise Group has a twelve month low of C$1.01 and a twelve month high of C$1.93. The firm has a market capitalization of C$110.56 million, a price-to-earnings ratio of 33.75 and a beta of 0.73. The business has a 50 day moving average price of C$1.28 and a two-hundred day moving average price of C$1.30.

Wall Street Analysts Forecast Growth

E has been the subject of several recent analyst reports. Fundamental Research set a C$2.10 price target on Enterprise Group and gave the stock a “buy” rating in a report on Tuesday, March 24th. Raymond James Financial downgraded Enterprise Group from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from C$2.00 to C$1.50 in a report on Monday, March 16th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$1.80.

About Enterprise Group

Enterprise Group, Inc is a consolidator of services-including specialized equipment rental to the energy/resource sector. The Company works with particular emphasis on systems and technologies that mitigate, reduce, or eliminate CO2 and Greenhouse Gas and other harmful emissions for itself and its clients. The Company is well known to local Tier One and international resource companies with operations in Western Canada.