Algoma Central Co. (TSE:ALC – Free Report) – Analysts at Cormark boosted their FY2024 EPS estimates for shares of Algoma Central in a research report issued on Tuesday, November 5th. Cormark analyst D. Ocampo now expects that the company will post earnings of $1.81 per share for the year, up from their prior forecast of $1.77. The consensus estimate for Algoma Central’s current full-year earnings is $1.90 per share. Cormark also issued estimates for Algoma Central’s Q4 2024 earnings at $0.78 EPS, Q1 2025 earnings at ($0.60) EPS, Q3 2025 earnings at $0.96 EPS, Q4 2025 earnings at $0.77 EPS and FY2025 earnings at $1.95 EPS.
Algoma Central Stock Down 0.1 %
Shares of TSE:ALC opened at C$15.10 on Thursday. The company has a debt-to-equity ratio of 56.47, a current ratio of 0.65 and a quick ratio of 2.06. The stock has a market cap of C$612.61 million, a P/E ratio of 9.10 and a beta of 0.72. Algoma Central has a 1-year low of C$14.03 and a 1-year high of C$15.60. The firm has a fifty day moving average price of C$14.77 and a 200 day moving average price of C$14.52.
Algoma Central Announces Dividend
Algoma Central Company Profile
Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers activities in Canada. The company operates through Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, and Investment Properties segments. The company operates dry-bulk carriers for industrial sectors, including producers in iron and steel, aggregate, cement and building materials, and salt producers as well as, agricultural product distributors.
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