Analysts Issue Forecasts for Eguana Technologies Inc.’s Q1 2023 Earnings (CVE:EGT)

Eguana Technologies Inc. (CVE:EGTGet Rating) – Equities researchers at Raymond James issued their Q1 2023 earnings per share estimates for shares of Eguana Technologies in a note issued to investors on Wednesday, November 23rd. Raymond James analyst M. Glen expects that the company will post earnings per share of ($0.01) for the quarter. Raymond James has a “Outperform” rating and a $0.60 price target on the stock. Raymond James also issued estimates for Eguana Technologies’ Q2 2023 earnings at $0.00 EPS, Q3 2023 earnings at $0.00 EPS, Q4 2023 earnings at $0.00 EPS and FY2025 earnings at $0.01 EPS.

Eguana Technologies (CVE:EGTGet Rating) last posted its quarterly earnings results on Monday, August 29th. The company reported C($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of C($0.01). The company had revenue of C$2.32 million for the quarter, compared to the consensus estimate of C$4.73 million.

Separately, Stifel Nicolaus cut their price objective on Eguana Technologies from C$0.65 to C$0.50 in a research report on Tuesday.

Eguana Technologies Price Performance

EGT opened at C$0.25 on Thursday. The firm has a market cap of C$98.45 million and a price-to-earnings ratio of -8.75. Eguana Technologies has a 1 year low of C$0.21 and a 1 year high of C$0.57. The stock’s 50 day simple moving average is C$0.34 and its 200 day simple moving average is C$0.31. The company has a debt-to-equity ratio of 369.48, a current ratio of 4.72 and a quick ratio of 3.66.

Eguana Technologies Company Profile

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Eguana Technologies Inc designs and manufactures residential and commercial energy storage systems for fuel cell, photovoltaic, and battery applications in Canada, Asia, Australia, Europe, and the United States. It provides its products under the Enduro, Evolve, and Elevate brand names. The company was formerly known as Sustainable Energy Technologies Ltd.

See Also

Earnings History and Estimates for Eguana Technologies (CVE:EGT)

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