What is Cormark’s Estimate for TSE:GDI FY2024 Earnings?

GDI Integrated Facility Services Inc. (TSE:GDI) – Stock analysts at Cormark raised their FY2024 earnings per share (EPS) estimates for shares of GDI Integrated Facility Services in a note issued to investors on Thursday, November 14th. Cormark analyst J. Fenwick now forecasts that the company will post earnings per share of $0.74 for the year, up from their prior forecast of $0.62. The consensus estimate for GDI Integrated Facility Services’ current full-year earnings is $1.30 per share. Cormark also issued estimates for GDI Integrated Facility Services’ FY2025 earnings at $1.52 EPS and FY2026 earnings at $1.77 EPS.

Separately, National Bankshares upped their price objective on GDI Integrated Facility Services from C$38.50 to C$41.50 in a research note on Thursday. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of C$42.75.

GDI Integrated Facility Services Stock Performance

GDI stock opened at C$35.66 on Friday. The firm has a market cap of C$525.63 million, a P/E ratio of 51.68 and a beta of 1.03. The stock’s 50 day simple moving average is C$35.95 and its 200 day simple moving average is C$34.76. The company has a current ratio of 1.75, a quick ratio of 1.44 and a debt-to-equity ratio of 104.15. GDI Integrated Facility Services has a 12-month low of C$30.77 and a 12-month high of C$40.12.

About GDI Integrated Facility Services

GDI Integrated Facility Services Inc, together with its subsidiaries, operates in the outsourced facility services industry in Canada and the United States. The company operates through Business Services Canada, Business Services USA, Technical Services, and Corporate and Other segments. It offers cleaning services, such as floor cleaning and finishing, window washing, furniture polishing, vacuuming, carpet cleaning, washing walls and glass, shampooing rugs, removing trash and debris, and dusting, as well as other building services, including lawn maintenance, snow removal, and others.