What is Cormark’s Estimate for K-Bro Linen FY2025 Earnings?

K-Bro Linen Inc. (TSE:KBL) – Equities research analysts at Cormark boosted their FY2025 earnings per share (EPS) estimates for K-Bro Linen in a report released on Tuesday, March 25th. Cormark analyst K. Mcphee now expects that the company will post earnings per share of $2.35 for the year, up from their previous forecast of $2.33. The consensus estimate for K-Bro Linen’s current full-year earnings is $2.34 per share. Cormark also issued estimates for K-Bro Linen’s FY2026 earnings at $2.86 EPS.

Several other brokerages have also weighed in on KBL. Acumen Capital increased their price objective on shares of K-Bro Linen from C$50.00 to C$52.00 and gave the company a “buy” rating in a report on Monday. TD Securities increased their price target on K-Bro Linen from C$48.00 to C$49.00 and gave the company a “buy” rating in a research note on Monday.

K-Bro Linen Stock Performance

K-Bro Linen stock opened at C$34.24 on Wednesday. K-Bro Linen has a 1 year low of C$30.69 and a 1 year high of C$40.03. The company’s 50-day moving average is C$35.11 and its two-hundred day moving average is C$35.74. The company has a current ratio of 2.08, a quick ratio of 0.87 and a debt-to-equity ratio of 102.23. The company has a market cap of C$359.28 million, a PE ratio of 19.16, a PEG ratio of 3.50 and a beta of 1.08.

About K-Bro Linen

K-Bro Linen Inc is a healthcare and hospitality laundry and linen processor in Canada. It operates in major cities across Canada, and has two distribution centers, providing management services and laundry processing of hospitality, healthcare, and specialty linens. The company provides vital products and services that help people heal, travel, live, and play.