TVA Group (TSE:TVA.B) Announces Quarterly Earnings Results

TVA Group (TSE:TVA.B) released its earnings results on Monday. The company reported C($0.10) earnings per share for the quarter, FiscalAI reports. The company had revenue of C$117.79 million for the quarter. TVA Group had a negative net margin of 6.87% and a negative return on equity of 10.65%.

TVA Group Price Performance

TSE:TVA.B opened at C$1.26 on Wednesday. The company has a quick ratio of 0.74, a current ratio of 1.08 and a debt-to-equity ratio of 25.36. The business’s 50-day simple moving average is C$1.06 and its two-hundred day simple moving average is C$0.76. The stock has a market cap of C$54.44 million, a PE ratio of 3.71, a P/E/G ratio of 1.90 and a beta of 0.32. TVA Group has a 52 week low of C$0.47 and a 52 week high of C$1.35.

Analysts Set New Price Targets

Separately, National Bank Financial lifted their target price on TVA Group from C$0.75 to C$1.00 and gave the company a “sector perform” rating in a research report on Monday, February 23rd. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, TVA Group presently has a consensus rating of “Hold” and a consensus target price of C$1.00.

About TVA Group

TVA Group Inc is a Canada based communications company. Along with its subsidiaries, the firm operates in three segments including the Broadcasting & Production segment which includes the operations of TVA Network, marketing of digital products, commercial production services and distribution of audiovisual products. The Magazines segment publishes French and English language magazines in various fields such as the arts, entertainment, fashion, and sports and markets digital products and provides custom publishing, commercial print production, and pre-media services.