Cormark Brokers Increase Earnings Estimates for K-Bro Linen

K-Bro Linen Inc. (TSE:KBL) – Equities research analysts at Cormark raised their FY2025 earnings estimates for K-Bro Linen in a research report issued on Tuesday, March 25th. Cormark analyst K. Mcphee now forecasts that the company will post earnings of $2.35 per share for the year, up from their prior estimate of $2.33. The consensus estimate for K-Bro Linen’s current full-year earnings is $2.34 per share. Cormark also issued estimates for K-Bro Linen’s FY2026 earnings at $2.86 EPS.

KBL has been the topic of several other research reports. Acumen Capital increased their price target on shares of K-Bro Linen from C$50.00 to C$52.00 and gave the stock a “buy” rating in a research report on Monday. TD Securities upped their price objective on K-Bro Linen from C$48.00 to C$49.00 and gave the company a “buy” rating in a research note on Monday.

K-Bro Linen Price Performance

Shares of KBL stock opened at C$34.25 on Wednesday. The firm has a fifty day moving average of C$35.08 and a two-hundred day moving average of C$35.73. The firm has a market cap of C$359.38 million, a P/E ratio of 19.17, a P/E/G ratio of 3.50 and a beta of 1.08. K-Bro Linen has a 1-year low of C$30.69 and a 1-year high of C$40.03. The company has a debt-to-equity ratio of 102.23, a current ratio of 2.08 and a quick ratio of 0.87.

K-Bro Linen Company Profile

K-Bro Linen Inc is a healthcare and hospitality laundry and linen processor in Canada. It operates in major cities across Canada, and has two distribution centers, providing management services and laundry processing of hospitality, healthcare, and specialty linens. The company provides vital products and services that help people heal, travel, live, and play.