Colabor Group (GCL) Scheduled to Post Quarterly Earnings on Thursday

Colabor Group (TSE:GCL) is set to release its earnings data after the market closes on Thursday, October 17th. Analysts expect Colabor Group to post earnings of C$0.02 per share for the quarter.

Colabor Group (TSE:GCL) last issued its quarterly earnings data on Wednesday, July 24th. The company reported C$0.02 EPS for the quarter. Colabor Group had a net margin of 0.51% and a return on equity of 3.56%. The firm had revenue of C$161.28 million for the quarter, compared to analyst estimates of C$162.20 million.

Colabor Group Stock Up 12.1 %

Shares of TSE:GCL opened at C$1.39 on Wednesday. Colabor Group has a 12 month low of C$1.05 and a 12 month high of C$1.52. The company’s 50-day moving average price is C$1.29 and its two-hundred day moving average price is C$1.23. The company has a quick ratio of 0.76, a current ratio of 1.58 and a debt-to-equity ratio of 155.65. The firm has a market cap of C$141.77 million, a P/E ratio of 34.75, a P/E/G ratio of 0.61 and a beta of 0.83.

Analyst Upgrades and Downgrades

A number of brokerages have commented on GCL. Raymond James set a C$1.80 price objective on shares of Colabor Group and gave the stock an “outperform” rating in a report on Tuesday, August 6th. Desjardins raised shares of Colabor Group to a “moderate buy” rating in a report on Thursday, July 25th.

Colabor Group Company Profile

Colabor Group Inc, together with its subsidiaries, markets and distributes food and food-related products in Canada. It operates in two segments, Distribution and Wholesale. The Distribution segment offers frozen products, dry staples, dairy products, meat, seafood, fruits and vegetables, disposables, and sanitation products, as well as fish products.