EQB (TSE:EQB – Get Free Report) is scheduled to release its earnings data after the market closes on Wednesday, August 28th. Analysts expect EQB to post earnings of C$2.92 per share for the quarter.
EQB (TSE:EQB – Get Free Report) last issued its quarterly earnings results on Wednesday, May 29th. The company reported C$2.67 earnings per share (EPS) for the quarter, missing the consensus estimate of C$2.71 by C($0.04). EQB had a net margin of 39.67% and a return on equity of 14.70%. The company had revenue of C$316.66 million during the quarter, compared to the consensus estimate of C$300.40 million.
EQB Price Performance
Shares of EQB opened at C$97.48 on Monday. EQB has a one year low of C$66.41 and a one year high of C$98.88. The company has a market cap of C$3.73 billion, a P/E ratio of 10.47, a P/E/G ratio of 0.34 and a beta of 1.58. The firm has a 50 day simple moving average of C$94.55 and a two-hundred day simple moving average of C$89.26.
EQB Increases Dividend
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on EQB shares. Cormark upped their price target on shares of EQB from C$114.00 to C$121.00 and gave the stock an “outperform” rating in a report on Tuesday, August 20th. TD Securities increased their price objective on EQB from C$102.00 to C$112.00 and gave the company a “buy” rating in a report on Thursday. BMO Capital Markets increased their price objective on EQB from C$102.00 to C$104.00 and gave the company an “outperform” rating in a report on Friday, May 31st. Royal Bank of Canada increased their price objective on EQB from C$107.00 to C$109.00 and gave the company an “outperform” rating in a report on Thursday, May 30th. Finally, Raymond James decreased their price objective on EQB from C$110.00 to C$106.00 in a report on Wednesday, August 21st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$106.89.
Check Out Our Latest Analysis on EQB
EQB Company Profile
EQB Inc, through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada. The company accepts term deposits and guaranteed investment certificates, high interest savings accounts, institutional deposit notes and covered bonds, as well as specialized financing solutions.
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