Indigo Books & Music Inc. to Post FY2024 Earnings of ($1.25) Per Share, Cormark Forecasts (TSE:IDG)

Indigo Books & Music Inc. (TSE:IDG) – Cormark lowered their FY2024 earnings per share estimates for Indigo Books & Music in a research report issued on Tuesday, November 14th. Cormark analyst D. Mcfadgen now expects that the company will post earnings per share of ($1.25) for the year, down from their prior estimate of ($0.94). The consensus estimate for Indigo Books & Music’s current full-year earnings is ($0.31) per share. Cormark also issued estimates for Indigo Books & Music’s FY2025 earnings at ($0.33) EPS.

Indigo Books & Music Trading Up 0.6 %

Indigo Books & Music stock opened at C$1.81 on Friday. The firm has a 50-day moving average price of C$1.86 and a two-hundred day moving average price of C$1.78. Indigo Books & Music has a 52-week low of C$1.04 and a 52-week high of C$2.60. The firm has a market capitalization of C$49.96 million, a price-to-earnings ratio of -0.96 and a beta of 1.20. The company has a quick ratio of 0.09, a current ratio of 0.88 and a debt-to-equity ratio of 2,093.16.

Indigo Books & Music Company Profile

Indigo Books & Music Inc, together with its subsidiaries, operates as a book and lifestyle retailer in Canada and the United States. It offers books, toys, gifts, baby, kids, wellness, lifestyle, living, fashion, paper, home, and electronics products, as well as kid's books, outdoor, beauty, and paper products.