FY2024 Earnings Estimate for Zedcor Issued By Cormark

Zedcor Inc. (CVE:ZDC) – Investment analysts at Cormark issued their FY2024 earnings per share (EPS) estimates for Zedcor in a research report issued to clients and investors on Tuesday, March 18th. Cormark analyst K. Mcphee anticipates 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 research analysts have also issued research reports about the stock. Canaccord Genuity Group set a C$4.25 price target on shares of Zedcor and gave the company a “buy” rating in a report on Thursday, December 12th. Canaccord Genuity Group raised shares of Zedcor to a “strong-buy” rating in a research note on Thursday, December 12th.

Zedcor Stock Performance

Zedcor stock opened at C$3.10 on Thursday. The company has a debt-to-equity ratio of 78.93, a current ratio of 1.14 and a quick ratio of 0.87. Zedcor has a 12 month low of C$0.83 and a 12 month high of C$3.85. The company has a market cap of C$300.53 million, a price-to-earnings ratio of 770.34 and a beta of 2.48. The stock’s 50-day moving average is C$3.23 and its 200-day moving average is C$2.96.

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.