Westshore Terminals Investment (TSE:WTE) Announces Earnings Results

Westshore Terminals Investment (TSE:WTE) posted its quarterly earnings results on Saturday. The company reported C$0.47 EPS for the quarter, FiscalAI reports. Westshore Terminals Investment had a net margin of 29.65% and a return on equity of 13.28%. The business had revenue of C$106.00 million during the quarter.

Westshore Terminals Investment Stock Performance

Shares of WTE stock opened at C$43.11 on Monday. The firm has a market capitalization of C$2.66 billion, a PE ratio of 27.11 and a beta of 0.27. The firm has a fifty day simple moving average of C$42.78 and a two-hundred day simple moving average of C$38.26. The company has a current ratio of 1.04, a quick ratio of 2.07 and a debt-to-equity ratio of 58.75. Westshore Terminals Investment has a 12 month low of C$24.50 and a 12 month high of C$45.92.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada increased their price target on Westshore Terminals Investment from C$44.00 to C$47.00 in a report on Wednesday, September 30th. One research analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, Westshore Terminals Investment currently has an average rating of “Buy” and an average target price of C$47.00.

About Westshore Terminals Investment

Westshore Terminals Investment Corporation is a Canada-based company, which owns the Westshore Terminals Limited Partnership. The company operates a coal storage and loading terminal at Roberts Bank, British Columbia, and revenue is derived from rates charged for loading coal onto seagoing vessels. The company services coal from mines in British Columbia, Alberta, and the northwestern United States. The coal is delivered to the terminal in unit trains and then unloaded and transferred onto a ship.