Cormark Weighs in on Zedcor’s FY2024 Earnings (CVE:ZDC)

Zedcor Inc. (CVE:ZDC) – Cormark issued their FY2024 earnings per share estimates for Zedcor in a report released on Tuesday, March 18th. Cormark analyst K. Mcphee forecasts that the company will post earnings per share of $0.02 for the year. The consensus estimate for Zedcor’s current full-year earnings is $0.03 per share. Cormark also issued estimates for Zedcor’s FY2025 earnings at $0.06 EPS, FY2026 earnings at $0.13 EPS, FY2027 earnings at $0.20 EPS and FY2028 earnings at $0.30 EPS.

Other equities analysts have also issued reports about the company. Canaccord Genuity Group set a C$4.25 target price on Zedcor and gave the stock a “buy” rating in a research report on Thursday, December 12th. Canaccord Genuity Group upgraded Zedcor to a “strong-buy” rating in a report on Thursday, December 12th.

Zedcor Price Performance

Shares of CVE:ZDC opened at C$3.15 on Thursday. The company has a quick ratio of 0.87, a current ratio of 1.14 and a debt-to-equity ratio of 78.93. Zedcor has a twelve month low of C$0.86 and a twelve month high of C$3.85. The stock’s 50 day moving average is C$3.22 and its 200-day moving average is C$2.97. The firm has a market capitalization of C$305.38 million, a price-to-earnings ratio of 782.76 and a beta of 2.48.

Zedcor Company Profile

Zedcor Inc provides technology-based security and surveillance services in Canada. It engages in the provision of rental, service, and remote monitoring of its proprietary MobileyeZ security towers; surveillance and monitoring of fixed site locations; and security personnel. The company also engages in mobile and fixed surveillance, security guards, access control, and sensor related technology services.