Raymond James Has Negative Outlook of TSE:E FY2025 Earnings

Enterprise Group, Inc. (TSE:E) – Equities researchers at Raymond James lowered their FY2025 earnings per share estimates for shares of Enterprise Group in a research report issued on Thursday, March 20th. Raymond James analyst M. Barth now anticipates that the company will post earnings per share of $0.09 for the year, down from their prior estimate of $0.14. Raymond James currently has a “Outperform” rating and a $3.00 price objective on the stock. The consensus estimate for Enterprise Group’s current full-year earnings is $0.20 per share. Raymond James also issued estimates for Enterprise Group’s FY2026 earnings at $0.15 EPS, FY2027 earnings at $0.21 EPS and FY2028 earnings at $0.24 EPS.

A number of other research analysts have also commented on the company. Fundamental Research set a C$2.75 price objective on Enterprise Group and gave the company a “buy” rating in a research report on Tuesday, December 10th. Acumen Capital dropped their price objective on Enterprise Group from C$2.80 to C$2.40 and set a “buy” rating for the company in a report on Friday.

Enterprise Group Stock Up 7.6 %

Shares of E opened at C$1.42 on Monday. The business’s 50 day simple moving average is C$2.15 and its 200-day simple moving average is C$2.07. Enterprise Group has a one year low of C$0.84 and a one year high of C$2.69. The company has a market capitalization of C$109.34 million, a P/E ratio of 13.83 and a beta of 1.18. The company has a debt-to-equity ratio of 51.73, a current ratio of 3.85 and a quick ratio of 3.18.

Enterprise Group Company Profile

Enterprise Group, Inc, through its subsidiaries, operates as an equipment rental and construction services company in Canada. The company engages in the specialty equipment rental business. It also rents flameless heaters to the construction, and oil and gas industries. In addition, the company offers oilfield infrastructure site and rental services, including modular/combo equipment, such as fuel, generator, light stand, sewage treatment, medic security, and truck trailer combos.