Green Impact Partners Inc. to Post FY2023 Earnings of $0.26 Per Share, National Bank Financial Forecasts (CVE:GIP)

Green Impact Partners Inc. (CVE:GIP – Get Rating) – Stock analysts at National Bank Financial upped their FY2023 earnings per share (EPS) estimates for Green Impact Partners in a research note issued to investors on Tuesday, May 23rd. National Bank Financial analyst D. Payne now anticipates that the company will post earnings per share of $0.26 for the year, up from their previous estimate of ($0.10). The consensus estimate for Green Impact Partners’ current full-year earnings is ($0.06) per share. National Bank Financial also issued estimates for Green Impact Partners’ FY2024 earnings at $0.34 EPS.

Other equities analysts have also issued research reports about the company. National Bankshares raised their price target on Green Impact Partners from C$12.00 to C$15.00 and gave the stock an “outperform” rating in a report on Wednesday, February 22nd. Haywood Securities lifted their price target on shares of Green Impact Partners from C$13.00 to C$25.00 in a research report on Wednesday, February 22nd. Cormark lifted their price target on shares of Green Impact Partners from C$10.00 to C$14.00 in a research report on Wednesday, February 22nd. Finally, Royal Bank of Canada lifted their price target on shares of Green Impact Partners from C$12.00 to C$14.00 and gave the company an “outperform” rating in a research report on Thursday, February 23rd.

Green Impact Partners Stock Down 3.4 %

GIP opened at C$7.93 on Friday. The company has a debt-to-equity ratio of 56.86, a quick ratio of 0.68 and a current ratio of 0.86. Green Impact Partners has a one year low of C$3.51 and a one year high of C$10.00. The business’s 50-day simple moving average is C$8.55 and its 200-day simple moving average is C$6.96. The stock has a market capitalization of C$160.98 million and a P/E ratio of -17.62.

Green Impact Partners (CVE:GIP – Get Rating) last posted its earnings results on Thursday, April 20th. The company reported C($0.25) EPS for the quarter. Green Impact Partners had a negative return on equity of 7.63% and a negative net margin of 4.37%.

Green Impact Partners Company Profile

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Green Impact Partners Inc, a clean energy company, provides water, waste, and solids treatment and recycling services in North America. It operates through two segments, Water and Industrial, and Energy Production. The company operates seven water and solids treatment and recycling facilities. It also acquires, develops, builds, and operates renewable natural gas (RNG) projects; and distributes RNG, biofuel, and hydrogen.