FY2024 EPS Estimates for Coveo Solutions Inc. (TSE:CVO) Increased by Analyst

Coveo Solutions Inc. (TSE:CVOFree Report) – Research analysts at National Bank Financial upped their FY2024 earnings estimates for Coveo Solutions in a note issued to investors on Monday, February 5th. National Bank Financial analyst R. Tse now forecasts that the company will post earnings of ($0.04) per share for the year, up from their prior estimate of ($0.08). The consensus estimate for Coveo Solutions’ current full-year earnings is ($0.21) per share.

Other equities research analysts also recently issued reports about the stock. TD Securities boosted their price target on shares of Coveo Solutions from C$13.50 to C$15.00 and gave the stock a “buy” rating in a research note on Tuesday. Scotiabank boosted their price target on shares of Coveo Solutions from C$13.00 to C$14.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 31st. BMO Capital Markets boosted their price target on shares of Coveo Solutions from C$12.50 to C$13.50 and gave the stock an “outperform” rating in a research note on Tuesday, November 7th. Stifel Nicolaus boosted their price target on shares of Coveo Solutions from C$14.00 to C$15.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Royal Bank of Canada boosted their price target on shares of Coveo Solutions from C$14.00 to C$15.00 and gave the stock an “outperform” rating in a research note on Tuesday. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Coveo Solutions currently has a consensus rating of “Buy” and an average price target of C$13.25.

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Coveo Solutions Trading Up 6.0 %

Shares of TSE CVO opened at C$11.46 on Thursday. Coveo Solutions has a 1-year low of C$6.02 and a 1-year high of C$12.48. The company has a market cap of C$611.05 million, a PE ratio of -29.38, a P/E/G ratio of 0.09 and a beta of 1.00. The company has a current ratio of 2.44, a quick ratio of 3.14 and a debt-to-equity ratio of 5.37. The company has a 50-day moving average of C$9.52 and a two-hundred day moving average of C$10.27.

About Coveo Solutions

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Coveo Solutions Inc provides AI platforms that enable individualized, connected, and trusted digital experiences. The Relevance Cloud platform, an AI solution that integrates AI search, recommendations, GenAI answering, AI models, and analytics across various digital domains; and is designed for scale, security, and compliance and integrates into enterprise ecosystems as a cloud-native SaaS, multi-tenant, API-first, and headless platform.

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