FY2025 EPS Estimates for Evertz Technologies Limited (TSE:ET) Cut by Raymond James

Evertz Technologies Limited (TSE:ET) – Research analysts at Raymond James cut their FY2025 earnings estimates for shares of Evertz Technologies in a note issued to investors on Thursday, June 20th. Raymond James analyst S. Li now forecasts that the company will post earnings of $1.06 per share for the year, down from their prior estimate of $1.10. The consensus estimate for Evertz Technologies’ current full-year earnings is $1.09 per share.

Evertz Technologies (TSE:ET) last posted its quarterly earnings results 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). Evertz Technologies had a return on equity of 30.20% and a net margin of 14.37%. The company had revenue of C$122.77 million during the quarter.

Separately, BMO Capital Markets increased their price target on shares of Evertz Technologies from C$16.00 to C$17.00 in a research report on Friday, March 15th.

Evertz Technologies Price Performance

Shares of ET opened at C$13.08 on Monday. The company has a current ratio of 2.05, a quick ratio of 0.68 and a debt-to-equity ratio of 8.63. The stock has a market cap of C$994.86 million, a P/E ratio of 13.48, a price-to-earnings-growth ratio of 0.79 and a beta of 0.83. The stock’s 50-day moving average price is C$14.30 and its two-hundred day moving average price is C$14.34. Evertz Technologies has a 1 year low of C$11.93 and a 1 year high of C$15.45.

About Evertz Technologies

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.